Bitcoin exchange Luno now offers buying with debit and credit card

Luno, a bitcoin and ether exchange today announced it has expanded user account deposit options in Europe to include debit and credit card transactions. This means European clients can now buy bitcoin and ethereum cheaper, faster, and easier than ever before with Luno.

With the new update, customers are now able to instantly deposit up to EUR 1,000 into their Luno wallet, there is a monthly limit of EUR 5,000.

The Luno team said:

“Regulators have finally started taking an active interest in cryptocurrencies, and high-profile corporates are climbing aboard the speeding ICO train too. As popularity continues to soar, more and more people are looking for a smoother transition to this bold new financial system.”

“With this in mind, we ran an experiment to gauge whether our customers would be interested in a new method of funding their Luno wallet that would cut down the time it took before they were able to buy bitcoin. From the pool of customers given the option to deposit by debit or credit card, we saw a 300% success rate over those who opted for bank transfers. Now we’re launching this method to all European customers.”