When sending cryptocurrency from Binance to a Luno wallet receive address, always choose the correct transfer network.
Binance created its own blockchains (transfer networks) for its customers to send crypto quicker, being the Binance Chain (BNB) and the Binance Smart Chain (BSC) (BEP20/BEP2 tokens).
These blockchains aren’t integrated with the Luno platform, which means we don’t have any access to them. If you send crypto from Binance to Luno using either of the two, we won’t be able to access the funds and return it to you. Your funds will be lost.
Here are the correct networks to use when sending crypto from Binance to Luno.
COIN |
CORRECT TRANSFER NETWORK |
|
C-Chain |
|
BTC |
|
BCH |
|
Cardano |
|
ERC20 |
|
ERC20 |
|
LTC |
|
XRP |
|
Solana |
|
ERC20 |
|
ERC20 |
Avalanche (AVAX)
Bitcoin (BTC)
Bitcoin Cash (BCH)
Cardano (ADA)
Chainlink (LINK)
Ethereum (ETH)
Litecoin (LTC)
Ripple (XRP)
Solana (SOL)
Uniswap (UNI)
USD Coin (USDC)Note
The crypto coins listed above are the only crypto coins Luno currently supports. Sending any other coins to Luno will result in the loss of your funds. Also, please make sure you’re sending the correct crypto coins to your Luno wallet, e.g. you can only send BTC to your Bitcoin wallet, ETH to your Ethereum wallet, LTC to your Litecoin wallet, etc.
Note
The cryptocurrencies available to you may differ depending on your country.