Published On Mar 1, 2024
Reasons to Use Luno App as a Beginner in 2024
Luno is a suitable platform for beginners in the cryptocurrency space due to the following reasons:
#### Beginner-Friendly Crypto Trading
- Luno offers a beginner-friendly web platform and mobile app, making it straightforward for new investors to buy and sell cryptocurrencies [1].
#### Educational Resources
- Luno provides excellent educational content, including articles, videos, and a blog with the latest crypto news, making it a valuable resource for beginners looking to learn about cryptocurrencies [1].
#### Fast Verification
- The platform is quick at verifying the identity of its clients, taking only a few minutes to complete the verification process, which is beneficial for new investors [1].
#### Excellent Security
- Luno excels in security by keeping most crypto funds offline in cold storage and implementing robust measures to protect its clients' funds, providing a secure environment for beginners to invest in cryptocurrencies [1].
#### Low Trading Fees and Minimums
- Luno offers competitive fees, starting from just 0.1% per transaction, making frequent crypto trading affordable, with low minimum buy/sell amounts, allowing new investors to test the waters cost-effectively [2].
#### Supports Top Cryptocurrencies
- Luno supports over 60 cryptocurrency trading pairs, including top coins like Bitcoin and Ethereum, creating abundant trading opportunities for beginners [2].
#### Simple Onboarding and Customer Support
- Luno's simple onboarding process and dedicated customer support make it an accessible platform for beginners, ensuring a smooth and secure trading experience [2].
Considering these factors, Luno's beginner-friendly design, educational resources, and secure environment make it a recommended platform for new investors entering the world of cryptocurrencies in 2024.
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