When you’re ready to sell your cryptocurrency (or crypto, for short), you can do it in a few simple steps.
Here's how
Sign in to your Luno account, then:
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Select Wallets from the menu
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Select SELL
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Choose the crypto you want to sell
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Choose the currency (local currency or crypto) you want to sell for
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Enter the amount you want to sell and select NEXT
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Review the transaction details, including the service charge fee, then select CONFIRM if you’re happy
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If you’re using the Luno app, you’ll need to enter your Luno PIN to finalise the transaction
That’s it! You’ve sold some crypto.
Tip
Did you know Luno has a price alerts feature? You can set this up to notify you when your crypto reaches a price that you’d like to sell it for.
Frequently asked questions
Yes, you’ll pay a service charge fee when you sell crypto. This is a dynamic fee that varies depending on how much you’re selling and what the current market conditions are. You’ll see the exact service charge before you confirm any transaction. Learn more here.
When you sell crypto, certain limits apply. You’ll need to make sure you’re selling an amount above the minimum limit and below the maximum limit. You can find the maximum and minimum limits for all our currencies here.
You’ll only be able to choose from cryptocurrencies that you’ve already created a wallet for. We’ve put together some detailed steps to help you sell one crypto for another here.
Tip
Check out this Help Centre article if you’d like to withdraw funds to your bank account after you’ve sold crypto.