What is Luno
Founded in 2013, Luno is a [global cryptocurrency](https://www.luno.com/en/about) exchange and wallet provider headquartered in London, with regional hubs in Singapore and Cape Town. To date, Luno has processed more than USD$14 billion in transactions and has over 5 million customers spanning 40+ countries. Luno is an independent operating subsidiary of [Digital Currency Group](https://dcg.co/).Luno’s vision is to ‘upgrade the world to a better financial system’. Through Luno’s instant buy/sell feature, customers are able to purchase crypto with their local currency, or trade across 25 crypto to fiat pairs on the [Luno Exchange]
Luno’s BTC Savings wallet allows customers to earn interest on their Bitcoin holdings by saving it in a separate wallet.
Luno ensures that 95% of its crypto is stored in “deep freeze” multisignature wallets protected by various encryption layers. Luno works with regulators in the markets in which it operates (Malaysian operations are regulated by the [Securities Commission Malaysia]