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Cryptocurrency Q&A Is Luno safe?

Is Luno safe?

SilenceStorm SilenceStorm Thu Mar 20 2025 | 6 answers 1384
I'm considering using Luno for cryptocurrency trading, but I'm concerned about its safety. I want to know if Luno is a secure platform for buying, selling, and storing cryptocurrencies. Is Luno safe?
luno safety question

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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