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Questions tagged [buy bitcoin on luno]

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LightWaveMystic LightWaveMystic Sat Oct 12 2024 | 5 answers 1096

What happens when you buy Bitcoin on Luno?

I want to know the process and possible outcomes of purchasing Bitcoin on Luno. Specifically, what steps are involved, and what happens after the transaction is complete?

What happens when you buy Bitcoin on Luno?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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