Luno Adds Cardano And Solana To Its Cryptocurrency Platform

Lunathe global cryptocurrency investing app that aims to put the power of crypto in everyone’s hands, today announced the addition of two more cryptocurrencies to its app: Cardano (ADA) and Solana at from the beginning of October (SOL).

Starting today, users can buy, sell, and store ADA on the Luno app and website alongside its existing cryptocurrency offering. Luno will also add SOL to its investment portfolio early next month.

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Cardano is often described as a “next generation evolution” of Ethereum. It aims to be the most scalable and sustainable platform for running decentralized applications (dApps) by taking a methodical and research-driven approach to its development. Solana is the world’s fastest blockchain and fastest growing crypto ecosystem, with thousands of projects spanning DeFi, NFT, Web3, and more.

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With continued interest in Bitcoin’s broader applications, ADA and SOL are the latest cryptocurrencies Luno is adding to its portfolio, following the addition of Chainlink (LINK) and Uniswap (UNI) earlier this year. Luno wants to ensure that its more than ten million customers have access to these broader investment opportunities.

“As big advocates of long-term construction, we think it’s important to give customers access to new crypto applications that have a promising future. Now, not only do customers have access to ADA and SOL, but they also have the peace of mind that comes with the rigorous security customers rely on from Luno,” comments Marius Reitz, Managing Director for Africa at Luno.

“In a world that can seem complex, we want to take the hassle out of cryptocurrencies to make it easier to buy, send, store and learn. Clients don’t need to make a big investment to get started, but can build and grow their investment over time with smaller amounts – similar to how they contribute to their pension for example,” comments Reitz.

Although ADA and SOL meet Luno safety standards, being listed on Luno is not an endorsement of its future potential as an investment. Luno evaluates potential assets based on factors such as security, compliance, and utility, but will always suggest anyone looking to invest in crypto do their own research and exercise good judgment before investing.

“Luno only offers the most attractive investment options, with a long-term view”, concludes Reitz. “

That’s why, over the coming months, clients will be able to explore and invest in more opportunities to take advantage of a new global financial system and participate equally.

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Luno Adds Cardano And Solana To Its Cryptocurrency Platform


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