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Pros & Cons

$8,898,096 USD currently invested (TVL)

Investments in 54 coin pairs available

Supports 9 protocols including Binance Smart Chain, Avalanche C-Chain and Polygon

Autofarm is decentralised, but Luno is not

Know your customer checks are required on Autofarm but not on Luno

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 Autofarm (Founded 2012 vs 2020)

Interface supports English, French, Italian and Indonesian whereas Autofarm doesn't

Staking Rates

Autofarm will pay interest on 2 fiat currency deposits not offered by Luno:

BELTBTC (BELTBTC)

BELTETH (BELTETH)

Autofarm has a higher base earnings rate for Bitcoin (USD-BTC-ETH(ATRICRYPTO3)) (3.13%% vs 1.50000%)

Autofarm will pay interest on 44 crypto currency deposits not offered by Luno:

BANANA-BUSD (BANANA-BUSD)

BANANA-WBNB (BANANA-WBNB)

BTCB-ETH (BTCB-ETH)

BUSD-AUTO (BUSD-AUTO)

BUSD-MDX (BUSD-MDX)

CELO-MCUSD (CELO-MCUSD)

DAI-USDC-USDT-HUSD (DAI-USDC-USDT-HUSD)

FRAX-USDC (FRAX-USDC)

FUSDT-WBTC-WETH(TRICRYPTO) (FUSDT-WBTC-WETH(TRICRYPTO))

USDC-DAI (USDC-DAI)

USDC-USDT (USDC-USDT)

USDC-VVS (USDC-VVS)

USDC-WFTM (USDC-WFTM)

USDT-ADA (USDT-ADA)

USDT-BUSD (USDT-BUSD)

USDT-DOGE (USDT-DOGE)

USDT-DOT (USDT-DOT)

USDT-ETH (USDT-ETH)

USDT-MDX (USDT-MDX)

USDT-VVS (USDT-VVS)

USDT-YUZU (USDT-YUZU)

Wrapped AVAX (WAVAX-WETH.E)

Wrapped BNB (WBNB-BELT(PCSV2))

WBNB-BTCB (WBNB-BTCB)

WBNB-ETH (WBNB-ETH)

WBTC-WETH (WBTC-WETH)

WCRO-ATOM (WCRO-ATOM)

WCRO-USDC (WCRO-USDC)

WCRO-USDT (WCRO-USDT)

WCRO-VVS (WCRO-VVS)

WCRO-WBTC (WCRO-WBTC)

WCRO-WETH (WCRO-WETH)

WETH-AAVE (WETH-AAVE)

WETH-LINK (WETH-LINK)

WETH-USDC (WETH-USDC)

WETH-WMATIC (WETH-WMATIC)

WFTM-BSHARE (WFTM-BSHARE)

Wrapped Huobi Token (WHT-HBELT)

WMATIC-BNB (WMATIC-BNB)

WMATIC-BTCB (WMATIC-BTCB)

WMATIC-USDC (WMATIC-USDC)

WMATIC-USDT (WMATIC-USDT)

WROSE-USDT (WROSE-USDT)

WROSE-YUZU (WROSE-YUZU)

More ...

2 more stakings rates pros ...

Staking Rates

Luno will pay interest on USDC stable coin deposits whereas Autofarm does not

Luno will pay interest on Ethereum (ETH) crypto currency deposits whereas Autofarm does not

1 more stakings rates pro ...

Investments in liquidity pools can be higher risk

Liquidity pool investments are only suitable for advanced crypto users

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

Go To Platform

Staking Rates

The table below compares the staking rates for Autofarm and Luno.

Fiat Currencies
	BELTBTC BELTBTC 22%	22%
	BELTETH BELTETH 20.2%	20.2%
Stable Coins

Crypto Currencies
	BANANA-BUSD BANANA-BUSD 1.12%	1.12%
	BANANA-WBNB BANANA-WBNB 1.44%	1.44%
	BTCB-ETH BTCB-ETH 0.28%	0.28%
	BUSD-AUTO BUSD-AUTO 1.08%	1.08%
	BUSD-MDX BUSD-MDX 7.16%	7.16%
	CELO-MCUSD CELO-MCUSD 169%	169%
	DAI-USDC-USDT-HUSD DAI-USDC-USDT-HUSD 9%	9%

	FRAX-USDC FRAX-USDC 17.3%	17.3%
	FUSDT-WBTC-WETH(TRICRYPTO) FUSDT-WBTC-WETH(TRICRYPTO) 1,123%	1,123%
	USD-BTC-ETH(ATRICRYPTO3) Bitcoin 3.13%	3.13%
	USDC-DAI USDC-DAI 0.06%	0.06%
	USDC-USDT USDC-USDT < 0.01% - 21.3%	< 0.01% - 21.3%
	USDC-VVS USDC-VVS 5.78%	5.78%
	USDC-WFTM USDC-WFTM 1.52%	1.52%
	USDT-ADA USDT-ADA 4.37%	4.37%
	USDT-BUSD USDT-BUSD 0.01% - 0.23%	0.01% - 0.23%
	USDT-DOGE USDT-DOGE 5.29%	5.29%
	USDT-DOT USDT-DOT 4.26%	4.26%
	USDT-ETH USDT-ETH 1.46%	1.46%
	USDT-MDX USDT-MDX 54.4%	54.4%
	USDT-VVS USDT-VVS 3.55%	3.55%
	USDT-YUZU USDT-YUZU 73.6%	73.6%
	WAVAX-WETH.E Wrapped AVAX 1.32%	1.32%
	WBNB-BELT(PCSV2) Wrapped BNB 0.01%	0.01%
	WBNB-BTCB WBNB-BTCB 0.69%	0.69%
	WBNB-ETH WBNB-ETH 0.34%	0.34%
	WBTC-WETH WBTC-WETH 35.3%	35.3%
	WCRO-ATOM WCRO-ATOM 5.32%	5.32%
	WCRO-USDC WCRO-USDC 7.98%	7.98%
	WCRO-USDT WCRO-USDT 8.69%	8.69%
	WCRO-VVS WCRO-VVS 21.9%	21.9%
	WCRO-WBTC WCRO-WBTC 4.51%	4.51%
	WCRO-WETH WCRO-WETH 5.29%	5.29%
	WETH-AAVE WETH-AAVE 2.29%	2.29%
	WETH-LINK WETH-LINK 1.6%	1.6%
	WETH-USDC WETH-USDC 4.56%	4.56%
	WETH-WMATIC WETH-WMATIC 1.57%	1.57%
	WFTM-BSHARE WFTM-BSHARE 3.88%	3.88%
	WHT-HBELT Wrapped Huobi Token 21.4%	21.4%
	WMATIC-BNB WMATIC-BNB 5.48%	5.48%
	WMATIC-BTCB WMATIC-BTCB 5.11%	5.11%
	WMATIC-USDC WMATIC-USDC 18.4%	18.4%
	WMATIC-USDT WMATIC-USDT 5.74%	5.74%
	WROSE-USDT WROSE-USDT 24.9%	24.9%
	WROSE-YUZU WROSE-YUZU 55.2%	55.2%

Loading rates ...

Fiat Currencies


Stable Coins
	USDC USDC 7.6%	7.6%
Crypto Currencies







	ETH Ethereum 2%	2%


	USD-BTC-ETH(ATRICRYPTO3) Bitcoin 1.5%	1.5%

Loading rates ...

Go To Platform

Company

Automatic market maker

Yes

Automatic market maker

Legal name

Luno Pte. Ltd

Year founded

2020

Year founded

2012

Country incorporated in

206

Country incorporated in

206

Headquarters country

206

Headquarters country

Platform token

Auto

Platform token

Decentralised

Yes

Decentralised

Number of employees

400

Number of users

8,000,000

Total assets under management

$21,000,000,000USD

Withdrawal time in hours

1hours

Go To Platform

Products

Savings accounts

Yes

Loans

Crypto to crypto exchange

Yes

Fiat to crypto exchange

Yes

Pro exchange marketplace

Peer to peer exchange

Margin trading

Corporate accounts

Yes

Instantly buy crypto with fiat

Yes

Integrated crypto wallet

Yes

Crypto withdrawals to private wallet

Yes

Fast account verification

Yes

Futures exchange

DEX aggregator

Yes

DEX aggregator

Go To Platform

Security

Cold storage

Yes

Cold storage custodian

BitGo

Two factor authentication

Yes

Credit check

Go To Platform

Support

Email support

Phone support

Chat support

Yes

Go To Platform

Fees

Maker fee

Taker fee

Fiat deposit fee

Free

Fiat withdrawal fee

Free

Crypto deposit fee

Free

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

1 hours

Crypto withdrawal fee

Varies according to current market

Savings crypto account withdrawal limit

$120,000 USD per day, £600,000 USD per month

Fiat wallet withdrawal limit

No limit for fully verified users

Savings fiat account withdrawal limit

No limit for fully verified users

Go To Platform

Investment Strategy

Unsecured loans

Independent proof of reserves

Yes

Proof of reserves

Undertaken quarterly by Mazers

Go To Platform

Registrations & Regulation

Know your customer

Yes

Regulators

Luno embraces regulation and has worked closely with regulators in its target countries in Africa and Asia.

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Other Platform Comparisons

Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

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Compare Autofarm vs Luno

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