Luno Introduces Ripple on its Trading Platform

Luno promised in 2019 that there would be more coins available. This would be close to the launch of Bitcoin cash. Luno will launch Ripple XRP, thus, expanding the lunoverse for all its customers.

Ripple (XRP) , the third-largest digital asset with US$12.5 billion as its current market value, will soon be available on the Luno platform. Luno provides its clients with that safe environment they can trust to buy, store and also learn more about digital currencies.

The request for Ripple by Luno users has grown and as such Luno has made it available in its wallet. This is to serve their users better. Ripple will join other digital currencies like Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH).

Last year Luno did a survey and asked customers which coin they would like to see added to the platform. The survey showed Ripple as the prefered choice.

“It is always an exciting time for cryptocurrency” Luno CEO, Marcus Swanepoel

Luno CEO, Marcus Swanepoel, commented: “We have always limited the number of coins we offer, only listing digital currencies which have liquidity, are secure and have the utility which will benefit our clients.

While cryptocurrencies are still in their infancy, coins like XRP demonstrate the benefits that blockchain-based assets can offer.  It is always an exciting time for cryptocurrency but 2020 looks as though it will be another very important year for the sector. As more and more people use digital coins as part of the day-to-day finances.”

Launched in 2012, Ripple is a currency exchange designed to ease cross-border transactions. Ripple’s use of distributed ledger technology reflects as an ideal fit for transparent, fast and effective payments.

“Ripple is a perfect fit with Luno and the other digital assets we offer as it is the first digital currency adopted by mainstream financial institutions. We have always shouted about the benefit digital currencies can give to many millions of people. So, to have a coin with a genuine utility function which is being adopted by banks is great news.  Offering Ripple on the Luno exchange has potential benefits for thousands of its users. Especially those in developing markets, who rely on cryptocurrencies to handle money into and out of their businesses.” adds Marcus.

To celebrate the introduction of this important coin to the Luno exchange, all users will be able to trade with a reduced fee for the first 30 days of XRP. Details of this is available on

Leave a Reply

Your email address will not be published. Required fields are marked *

Konga Eyes $10 Million Daily Turnover By 2024

How Schools Use Phones to Track and Surveil Students