Pros & Cons |
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$342,000 USD currently invested (TVL)
Investments in 1 coin pair available
Operating on Ethereum protocol
Arbor Finance is decentralised, but Luno is not
Know your customer checks are required on Arbor Finance but not on Luno
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Easy to use mobile and web apps
Great for beginners
Strong support in a number of developing countries
Low exchange fees if you use the Luno exchange
Large, reputable business
Been in business longer than Arbor Finance
(Founded 2012 vs 2022)
Interface supports English, French, Italian and Indonesian whereas Arbor Finance doesn't
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Staking Rates
Arbor Finance will pay interest on Shapeshift FOX Token (USDC) crypto currency deposits whereas Luno does not
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Staking Rates
Luno will pay interest on USDC stable coin deposits whereas Arbor Finance does not
Luno will pay interest on 2 crypto currency deposits not offered by Arbor Finance:
1 more stakings rates pro ...
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Investments in liquidity pools can be higher risk
Liquidity pool investments are only suitable for advanced crypto users
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Need to manually transfer funds to savings account to start earning interest
No loans available (except for large instituions)
Savings interest rates are variable so it is hard to know how much you will actually earn
Transfers of crypto out of your savings wallet sometimes take 24 hours
Very limited number of savings account currencies
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Staking Rates |
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The table below compares the staking rates for Arbor Finance and Luno.
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Loading rates ...
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Loading rates ...
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Company |
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Legal name
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Legal name
Luno Pte. Ltd
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Year founded
2022
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Year founded
2012
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Country incorporated in
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Country incorporated in
206
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Headquarters country
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Headquarters country
1
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Decentralised
Yes
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Decentralised
No
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Number of employees
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Number of employees
400
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Number of users
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Number of users
8,000,000
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Total assets under management
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Total assets under management
$21,000,000,000USD
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Withdrawal time in hours
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Withdrawal time in hours
1hours
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Products |
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Savings accounts
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Savings accounts
Yes
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Loans
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Loans
No
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Crypto to crypto exchange
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Crypto to crypto exchange
Yes
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Fiat to crypto exchange
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Fiat to crypto exchange
Yes
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Pro exchange marketplace
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Pro exchange marketplace
No
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Peer to peer exchange
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Peer to peer exchange
No
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Margin trading
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Margin trading
No
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Corporate accounts
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Corporate accounts
Yes
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Instantly buy crypto with fiat
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Instantly buy crypto with fiat
Yes
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Integrated crypto wallet
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Integrated crypto wallet
Yes
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Crypto withdrawals to private wallet
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Crypto withdrawals to private wallet
Yes
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Fast account verification
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Fast account verification
Yes
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Futures exchange
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Futures exchange
No
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Security |
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Cold storage
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Cold storage
Yes
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Cold storage custodian
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Cold storage custodian
BitGo
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Two factor authentication
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Two factor authentication
Yes
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Credit check
No
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Credit check
No
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Support |
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Email support
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Email support
No
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Phone support
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Phone support
No
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Chat support
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Chat support
Yes
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Fees |
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Maker fee
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Maker fee
0%
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Taker fee
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Taker fee
0%
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Fiat deposit fee
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Fiat deposit fee
Free
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Fiat withdrawal fee
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Fiat withdrawal fee
Free
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Crypto deposit fee
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Crypto deposit fee
Free
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Withdrawal process
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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.
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Withdrawal time
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Withdrawal time
1 hours
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Crypto withdrawal fee
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Crypto withdrawal fee
Varies according to current market
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Savings crypto account withdrawal limit
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Savings crypto account withdrawal limit
$120,000 USD per day, £600,000 USD per month
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Fiat wallet withdrawal limit
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Fiat wallet withdrawal limit
No limit for fully verified users
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Savings fiat account withdrawal limit
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Savings fiat account withdrawal limit
No limit for fully verified users
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Investment Strategy |
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Unsecured loans
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Unsecured loans
No
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Independent proof of reserves
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Independent proof of reserves
Yes
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Proof of reserves
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Proof of reserves
Undertaken quarterly by Mazers
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Registrations & Regulation |
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Know your customer
No
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Know your customer
Yes
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Regulators
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Regulators
Luno embraces regulation and has worked closely with regulators in its target countries in Africa and Asia.
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We always rank and compare products objectively and impartially.
We carefully research products for legitimacy before adding them to the platform.
We never sell or disclose your data to anyone.