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Home Platforms Alpha Homora vs Luno

Compare Alpha Homora vs Luno

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Pros & Cons

tick $52,172,439 USD currently invested (TVL)
tick Higher average review rating than Luno, but based on fewer reviews (100% vs 78%)
tick Alpha Homora is decentralised, but Luno is not
tick Easy to use mobile and web apps
tick Great for beginners
tick Strong support in a number of developing countries
tick Low exchange fees if you use the Luno exchange
tick Large, reputable business
tick More reviews than Alpha Homora (9,329 vs 1 reviews)
tick Been in business longer than Alpha Homora (Founded 2012 vs 2020)
tick Interface supports English, French, Italian and Indonesian whereas Alpha Homora doesn't
Staking Rates
tick Luno will pay interest on USDC stable coin deposits whereas Alpha Homora does not
tick Luno will pay interest on 2 crypto currency deposits not offered by Alpha Homora:
1 more stakings rates pro ...
cross Need to manually transfer funds to savings account to start earning interest
cross No loans available (except for large instituions)
cross Savings interest rates are variable so it is hard to know how much you will actually earn
cross Transfers of crypto out of your savings wallet sometimes take 24 hours
cross Very limited number of savings account currencies
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Reviews

100% based on 1 review
78% based on 9,329 reviews
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Staking Rates

The table below compares the staking rates for Alpha Homora and Luno.
Stable Coins
Crypto Currencies
Loading rates ...
Stable Coins
USDC USDC
7.6%
7.6%
Crypto Currencies
BTC Bitcoin
1.5%
1.5%
ETH Ethereum
2%
2%
Loading rates ...
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Company

Legal name
Alpha Venture DAO
Legal name
Luno Pte. Ltd
Year founded
2020
Year founded
2012
Country incorporated in
Country incorporated in
206
Headquarters country
Headquarters country
1
Decentralised
tick Yes
Decentralised
cross No
Number of employees
Number of employees
400
Number of users
Number of users
8,000,000
Total assets under management
Total assets under management
$21,000,000,000USD
Withdrawal time in hours
Withdrawal time in hours
1hours
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Products

Savings accounts
Savings accounts
tick Yes
Loans
Loans
cross No
Crypto to crypto exchange
Crypto to crypto exchange
tick Yes
Fiat to crypto exchange
Fiat to crypto exchange
tick Yes
Pro exchange marketplace
Pro exchange marketplace
cross No
Peer to peer exchange
Peer to peer exchange
cross No
Margin trading
Margin trading
cross No
Corporate accounts
Corporate accounts
tick Yes
Instantly buy crypto with fiat
Instantly buy crypto with fiat
tick Yes
Integrated crypto wallet
Integrated crypto wallet
tick Yes
Crypto withdrawals to private wallet
Crypto withdrawals to private wallet
tick Yes
Fast account verification
Fast account verification
tick Yes
Futures exchange
Futures exchange
cross No
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Security

Cold storage
Cold storage
tick Yes
Cold storage custodian
Cold storage custodian
BitGo
Two factor authentication
Two factor authentication
tick Yes
Credit check
Credit check
cross No
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Support

Email support
Email support
cross No
Phone support
Phone support
cross No
Chat support
Chat support
tick Yes
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Fees

Maker fee
Maker fee
0%
Taker fee
Taker fee
0%
Fiat deposit fee
Fiat deposit fee
tick Free
Fiat withdrawal fee
Fiat withdrawal fee
tick Free
Crypto deposit fee
Crypto deposit fee
tick Free
Withdrawal process
Withdrawal process
You must enable "send mode" before withdrawals can be made. This mode takes 24 hours to activate. Once send mode is enabled withdrawals are processed quickly, normally within a few minutes.
Withdrawal time
Withdrawal time
1 hours
Crypto withdrawal fee
Crypto withdrawal fee
Varies according to current market
Savings crypto account withdrawal limit
Savings crypto account withdrawal limit
$120,000 USD per day, £600,000 USD per month
Fiat wallet withdrawal limit
Fiat wallet withdrawal limit
No limit for fully verified users
Savings fiat account withdrawal limit
Savings fiat account withdrawal limit
No limit for fully verified users
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Investment Strategy

Unsecured loans
Unsecured loans
cross No
Independent proof of reserves
Independent proof of reserves
tick Yes
Proof of reserves
Proof of reserves
Undertaken quarterly by Mazers
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Registrations & Regulation

Know your customer
Know your customer
tick Yes
Regulators
Regulators
Luno embraces regulation and has worked closely with regulators in its target countries in Africa and Asia.
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