Want to buy cryptocurrency without having to add funds to your ZAR wallet first? You can now instantly buy crypto with your debit or credit card – no deposit required!
Here's how
Sign in to the Luno app
Navigate to Wallets
Select BUY
Choose Individual coins
Select which crypto you’d like to buy
If you haven’t bought this crypto before, you’ll be prompted to CREATE WALLET
On the next screen, select Once-Off
Select Credit or debit card
Enter your card details and select SAVE CARD DETAILS
On the next screen, enter the amount you wish to buy and select NEXT
Confirm the amount and fee, then select PAY WITH CARD
Finally, authorise your payment with your bank
Success! You’ve just bought crypto with your card.
Frequently asked questions
You can only save two cards at a time.
Yes. The service charge is 3.9%.
Yes. The minimum amount is R15 and the maximum amount is R15,000 per transaction. This is separate from your current account level limits, which include the monthly and lifetime deposit limits that will be applied regardless of this card deposit limit.
On the screen where you’re prompted to choose how you’d like to pay for your crypto, select the three dots next to the saved card and choose Remove on Android and web or swipe left to remove on iOS.