This archive report was first published on 28 August 2019.
On August 28, 2019, Luno, a South African-based Naspers-backed cryptocurrency firm, announced it had reached 3 million users and added Bitcoin Cash (BCH) to its platform.
Launched in 2013, Luno has built a reputation as a secure and trustworthy platform, leveraging its infrastructure to create a leading emerging markets consumer crypto platform.
Following customer feedback, Luno decided to increase the number of coins available on its ecosystem, with BCH being the first new coin to be introduced.
“We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and application of cryptocurrencies. Luno has been part of this change and has listened to, and always worked hard to understand the needs of these developing economies. It is for this reason we have moved to expand our offering of secure and legitimate digital currencies to individuals, enabling cross-functional accessibility and transfer of funds.” says Marcus Swanepoel, CEO and Co-Founder of Luno.
The expansion is part of further improvements and developments to the Luno platform, which now has close to three million users globally.
Whilst Luno welcomes new cryptocurrencies onto the platform, the user-experience, functionality, and safety will remain at the forefront of everything they do.