Luno has been ranked in the top-ten of the CryptoCompare Exchange Benchmark published yesterday. Luno came equal tenth out of 165 exchanges which were evaluated as part of the benchmarking process. It received and overall ‘A’ rating
Commenting on the publication of the CryptoCompare Q3 benchmark, Marcus Swanepoel, Luno CEO, said: “CryptoCompare is increasingly seen as the gold standard for rating crypto companies because it considers a broad set of important factors essential for the development of our industry. These include security, compliance, customer feedback and team strength – it is not just a measurement of overall volumes or developed market currencies.”
“We started Luno in 2013 and have seen many changes in the industry, however, we are all delivering financial services so need to provide a safe, informative and reliable ecosystem for our customers. In the last few months we have introduced new products, have become the first crypto-exchange to be regulated in Malaysia and we are about to announce the launch of new markets. It is an exciting time for the industry and a very exciting time for Luno as we continue to build our community which now covers over 40 countries and is trusted by over 3 million people worldwide.”
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Luno is a leading global cryptocurrency company on a mission to upgrade the world to a better financial system. With a team of over 300 and currently has its headquarters in London with regional hubs in Singapore and Cape Town.
With over 3 million customers (wallets) spanning over 40 countries, Luno’s products and services make it safe and easy to buy, sell, store and learn about cryptocurrencies like Bitcoin and Ethereum.
Co-founded by CEO Marcus Swanepoel and CTO Timothy Stranex, Luno has raised over $13m in funding since launch in 2013 and is backed by global tech giant the Naspers Group who led their Series A round and Balderton Capital who led their Series B round, amongst others.