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Luno alternatives

Our rating
4.0
Alternatives
3
Review updated
2026-08-12

Know before you deposit

Luno is winding down EU operations (EUR withdrawals end 31 Aug 2026, accounts close 1 Sep 2026); it remains fully active in Kenya, Nigeria, South Africa, Indonesia and Malaysia.

Our Luno review names 3 alternatives: Yellow Card, Binance and Coinmama. Yellow Card overlaps most, ranking alongside Luno in 3 of the 5 countries we rank Luno in. Rankings are editorial and never sold.

3 alternatives, compared

In the order our review lists them. "In common" counts the countries where both the alternative and Luno rank in our guides.

Alternatives to Luno compared on rating, fees, identity checks and country reach.
ExchangeRatingFeesID checkCountriesIn common
Yellow Card4.1Spread built into the priceRequired203
Binance4.2From 0.1% spot, maker and takerRequired1812
Coinmama3.9Commission plus card surchargeRequired1441

Why each one

  1. Yellow Card Africa's largest licensed crypto on-ramp, spanning more than 20 countries with local bank and mobile money rails.

    Fees, Countries

  2. Binance The largest crypto exchange by volume: the deepest bitcoin liquidity anywhere, the lowest headline spot fee of any major platform, and quarterly proof of reserves, under a settled US case and an independent monitor.

    Fees, Countries, Security record

  3. Coinmama A card-first broker that sends bitcoin straight to your own wallet instead of holding it for you.

    Fees, Countries

Frequently asked questions

What is the best alternative to Luno?

Our review lists Yellow Card first, rated 4.1: Africa's largest licensed crypto on-ramp, spanning more than 20 countries with local bank and mobile money rails. It ranks in 20 of our country guides, 3 of them shared with Luno. The order is editorial, argued from fees, security record and local payment support.

Which Luno alternative is available in the most countries?

Binance, which ranks in 181 of our country guides. Yellow Card ranks in 20, Coinmama ranks in 144.

Which alternative overlaps most with Luno?

Yellow Card: it ranks alongside Luno in 3 of the 5 countries we rank Luno in, so a reader in most of those markets can compare the two on the same page.

Why look for an alternative to Luno?

The review's own reservations: exiting the EU: selling and EUR withdrawals end 31 August 2026 and accounts close 1 September 2026, with monthly fees on residual balances afterward; eU customers lost crypto withdrawals to self-custody in late June 2026, forcing a sale rather than a transfer.