Cryptocurrency Q&A
Is Luno safe now?
Is Luno safe now?
SamsungShineBrightnessRadiance
Fri Oct 11 2024
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6 answers
1518
I'm considering using Luno for cryptocurrency transactions, but I'm concerned about its safety. I've heard mixed reviews and want to know if it's secure enough to use now.
6 answers
amelia_miller_designer
Sun Oct 13 2024
When it comes to the safety of cryptocurrency exchanges, Luno stands out as a reliable platform. Its robust security measures ensure that users can buy, sell, and store their digital assets with peace of mind.
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KabukiPassion
Sun Oct 13 2024
Encryption is a cornerstone of Luno's security infrastructure. By encrypting sensitive data, the platform prevents unauthorized access and protects user information from potential breaches.
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Chiara
Sun Oct 13 2024
In addition to encryption, Luno also offers two-factor authentication as an extra layer of security. This feature requires users to provide a second form of identification, such as a code sent to their mobile device, when accessing their account.
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SeoulSoul
Sat Oct 12 2024
Another key aspect of Luno's security measures is its use of offline cold storage. The majority of funds held by the exchange are stored in secure, offline locations, which are not connected to the internet and therefore less susceptible to hacking attempts.
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GeishaCharm
Sat Oct 12 2024
These security measures, combined with Luno's commitment to regulatory compliance and transparency, make it a trusted choice for those looking to buy, sell, and store cryptocurrencies.
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