Join Our Mailing List
Tuesday March 21, 2023
Bitcoin (BTC) $28,166.55   Ethereum (ETH) $1,816.77
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Crypto Exchanges

Luno partnership with Simplex for buying bitcoin with credit card fully active

Published by CryptoNinjas.net
03/17/2017

First announced as a beta feature back in January with limited countries, digital currency platform Luno notified users today of the full availability for all users to purchase bitcoin using credit and debit cards. Now officially out of beta, the feature is open to all countries except the US.

To buy bitcoin with your credit card, all you need to do is enter your credit card details and the amount you wish to purchase in USD and in a few minutes, the transaction will be processed. A minimum of $50 USD can be bought at a time and it can take up to 12 hours to receive bitcoin. Due to security checks, the first time using a card can take up to 24 hours for the transaction to clear.

Noteworthy is if you purchase bitcoin with your credit card, you can store, spend or send it elsewhere without issues. However, Luno and Simplex do not yet support the selling of bitcoin bought with a card through Luno. The company says they are currently working on solutions to allow users to sell bitcoin acquired by card through the exchange as soon as possible.

Luno also mentioned they have seen some credit cards being rejected while going through the process. This is usually due to the bank not approving the payment. In such cases, Luno urges clients to try another credit card if possible and to make sure it is a valid international credit card, with internet purchases activated.

Offering exchange, wallet and API services, back in January BitX formally changed its name to Luno “to better reflect who we are and where we’re heading” says the company. Luno means ‘moon’ and represents the shared sense of excitement the company and its customers have about bitcoin.

47
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Simplex’s crypto on-ramp integrated into Opera web browser

03/01/2021
Simplex's crypto on-ramp integrated into Opera web browser

Simplex, a card processer solution for a fiat-to-crypto onramp, today announced it has partnered with Opera to deliver a crypto onramp solution for users of their popular web browser. As a result of the...

Read more

Wirex granted a Mastercard principal membership, can now directly issue crypto payment cards

07/20/2020
Wirex granted a Mastercard principal membership, can now directly issue crypto payment cards

Consumer interest and investment in digital currencies are growing, with research showing that up to 20 percent of the population of some countries are holding cryptocurrencies, and an increasing number of merchants, digital players,...

Read more

XRP gets listed on crypto exchange Luno

02/24/2020
Ripple (XRP) gets listed on crypto exchange Luno

Luno, a global bitcoin and cryptocurrency exchange, has announced it will be listing Ripple (XRP). The Luno exchange now supports BTC, ETH, BCH, and XRP. Ripple uses a distributed consensus ledger. This works through...

Read more

Crypto exchange Luno lists Naira-Ethereum trading market

10/28/2019
Crypto exchange Luno lists Naira-Ethereum trading market

Luno, a global bitcoin and cryptocurrency exchange company, announced today that it is launching an Ethereum (ETH)-Nigerian Naira (NGN) exchange market. For users, this means that they can now buy Ethereum using Nigerian Naira...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021

Ripple names payment network RippleNet and grows product suite

08/01/2017
How to Become a Web3 Developer: A Guide to Web3 Jobs

How to Become a Web3 Developer: A Guide to Web3 Jobs

03/15/2023
Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

02/15/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy