Cryptocurrency Q&A Does money grow on Luno?

Does money grow on Luno?

Valentina Valentina Wed Mar 19 2025 | 6 answers 1250
I'm curious if money can actually grow on Luno. I've heard about this platform and its potential to increase my funds, but I want to know if it's true that my money can grow there. Does money grow on Luno?

6 answers

DongdaemunTrendsetter DongdaemunTrendsetter Fri Mar 21 2025
Your combined balance undergoes fluctuations due to changes in cryptocurrency prices and your individual transactions.

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Valentina Valentina Fri Mar 21 2025
Deposits made in your local currency will result in a direct increase in your combined balance.

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CherryBlossomGrace CherryBlossomGrace Thu Mar 20 2025
The value of this increase corresponds exactly to the amount deposited.

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Maria Maria Thu Mar 20 2025
Withdrawals, on the other hand, will decrease your combined balance by the amount withdrawn.

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Margherita Margherita Thu Mar 20 2025
Cryptocurrency price movements also play a significant role in determining your combined balance.

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