Where does Luno store cryptocurrencies?
Could you elaborate on the question regarding where Luno stores cryptocurrencies? As a financial professional, I'm aware that the security of digital assets is paramount. Does Luno maintain its own secure storage facilities, or does it rely on third-party solutions? Is the storage method cold storage, hot storage, or a combination of both? Are there any known audits or certifications that validate the security of these storage methods? Furthermore, what measures does Luno take to ensure the safety of client funds in the event of any potential security breaches or hacks? Clarifying these details would provide valuable insights into the trustworthiness of Luno's storage practices.
How to buy Bitcoin on Luno in South Africa?
How can one effectively purchase Bitcoin through Luno in South Africa? As a cryptocurrency enthusiast, I'm interested in exploring the platform's functionalities to make a secure and smooth transaction. Could you provide a step-by-step guide on the process? I'm particularly curious about the verification process, payment methods accepted, and any potential fees or charges involved. Additionally, are there any safety measures or tips you would recommend to ensure a successful Bitcoin purchase on Luno in South Africa? Your insights would be greatly appreciated.