How to buy bitcoin using luno app


This peer-to-peer exchange platform is special because it also accepts Litecoin and Dogecoin. As one of the newer players in Malaysia, you should expect certain glitches or issues with the site. Read about how to trade on Coinexy here. Remitano is another popular player in Malaysia. Similar to LocalBitcoins, Remitano works on a decentralised peer-to-peer system using Escrow for user protection.

Logging your identity into the platform is recommended, but not required. Unlike LocalBitcoins however, Remitano has a system to point out its more trustworthy users by marking them as frequent buyers. Instead of tapping some buttons and getting cash, you instead put cash into the machine and get Bitcoins in your wallet.

While Bitcoin is generally traded against USD, do note that other types of currencies, like Ripple or Dogecoin, are usually traded against Bitcoin. This makes these currencies highly volatile, even more so than Bitcoin. You can find out why here. Here is a list of currencies that you can trade on Poloniex , and their values. Poloniex can seem a little dodgy because most of the brains behind the platform are kept secret.

It also receives the largest amount of traffic in the crypto-exchange industry. It is one of the go-to places for serious crypto traders seeking new coins to trade in, partly because of its highly detailed charts and good data analysis tools. Here is a list of currencies that you can trade on Bittrex , and their values.

Only launched in , this USA-based company touts a secure platform with a multi-stage wallet strategy. It tries to keep one step ahead, seeing itself as the next generation cryptocurrency trading. One of its strong points is also a consistent trading fee at 0. Shapeshift and Changelly are coin conversion tools. They can be used for similar purposes as well.

However, they do have less selections, and generally charge higher fees. Type and hit enter to search Search. You can find out more by visiting our privacy policy.

By continuing to use the site, you are agreeing to our use of cookies. BitX is now Luno. Price charts Bitcoin Price Ethereum Price. Home Buy or sell digital currency Using digital currency Security The basics Getting started How to buy digital currency in four easy steps Sign up for a Luno wallet Verify my identity How do I deposit money?

How do I buy or sell digital currency? How do I withdraw money to my bank account? To buy digital currency with Luno you need to have done two things: Verify your identity Deposit money into your Luno wallet Luno provides two ways to buy digital currency: Instant buy or sell easy to understand, simple to use Exchange order more complex, more control 1. Instant buy or sell. Was this article helpful?