Why are Luno charges so high?

This particularity often prompts a misconception among novice users, who might initially perceive the prices offered by Luno as unjustly inflated. They may erroneously conclude that the "prices charged by Luno" are unfairly higher than they ought to be, failing to recognize the intricacies of its pricing mechanism.

It is essential to understand that the disparities in pricing between Luno and other exchanges stem from the individuality of each platform's trading environment. Each exchange hosts its own set of traders, each with their unique trading strategies and objectives, leading to variations in market conditions across platforms.

Moreover, the liquidity and trading volume of each exchange can also contribute to price discrepancies. Exchanges with higher liquidity and trading volumes tend to have more competitive prices, as they attract a wider range of traders and offer tighter bid-ask spreads.

The pricing displayed on Luno's platform stands apart from the norm, owing primarily to the exclusivity of its supply and demand dynamics. These forces, shaped by the unique interaction of buyers and sellers within Luno's ecosystem, result in prices that are distinct from those observed on other cryptocurrency exchanges.

In light of this, it is crucial for users to conduct thorough research and compare prices across multiple exchanges before making trading decisions. This will help them gain a more comprehensive understanding of market conditions and make informed decisions based on accurate price information.