On 8 March 2021 Luno announced that they will be adding new cryptocurrencies to their interest earning savings wallet and will now be allowing people to save their money in crypto and earn interest to it.
Luno first introduced Bitcoin (BTC) Savings wallet in October 2020 and has already paid over R7 Million worth of BTC in interest alone. Almost a quarter of a million of people who use Luno have moved their crypto into Luno Savings since it launched.
Luno has made sure that their savings product is as straightforward and flexible as possible, so everyone can be part of the future of finance without having to break a sweat.
You can now earn 4% on Ethereum Savings and 7.6% on USDC Savings.
interest is paid out monthly and there are no hidden fees.
You can either leave your interest to keep accumulating, or take it out it’s completely up to you, all you need to do is move it in and you’ll start earning immediately.
There are no fixed terms, no minimums deposits, and you have 24/7 access, so you’re always in control.
Luno is committed to the safety of its customers and has implemented industry-leading security processes to make sure your crypto is secure.
Register a free Luno account here
