Crypto-curious? Discovery Bank makes exploring simpler and safer
For many people, cryptocurrency feels complicated. What is it? How does it work? Where do you start? With Discovery Bank and Luno working together, you now have a clear, trusted and integrated way to explore digital assets directly in the place where you already manage your everyday money.
Crypto is essentially digital money built on blockchain technology - a transparent, decentralised network that securely records transactions. It opens the door to a more global, accessible and tech-driven financial world.
And now, it's available right in your banking app!
Explainers that make crypto less cryptic!
| Term | What it means |
| Blockchain | A secure, decentralised digital ledger that records crypto transactions. |
| Wallet | Your digital "pocket" for storing and managing cryptocurrency. |
| Decentralisation | No single company or government controls the network. |
Why Discovery Bank + Luno is perfect for beginners
Our partnership with Luno gives you access to a globally trusted crypto platform without needing multiple apps or complicated steps. You can:
- Link your Luno account in minutes
- Buy and sell major cryptocurrencies like Bitcoin, Ethereum, XRP and Litecoin
- Transfer funds instantly from your Discovery Bank account to Luno, with no transfer fees
- View your crypto balances alongside your other Discovery accounts
- Earn Vitality Money Savings points for crypto balances held with Luno
This is crypto the Discovery Bank way - clear, secure and easy to explore.
How to get started
It only takes a few taps:
- Log in to your Discovery Bank app
- Tap Accounts > scroll down and tap Add Account > then Luno
- Follow the quick linking steps
Transfer money instantly and start exploring at your own pace
FAQs for beginners
- What cryptocurrencies can I buy?
You'll have access to leading digital assets such as Bitcoin (BTC), Ethereum (ETH), XRP and Litecoin (LTC), with more options available based on Luno's supported list. - Do I need a separate Luno account?
If you already use Luno, simply link your existing profile. If you're new, download the Luno app, sign up and then link it in the Discovery Bank app. - Are there fees?
Luno's standard transaction and network fees apply and are always shown clearly before you confirm a transaction. There are no transfer fees when moving money from your Discovery Bank account to Luno. - Is crypto safe?
Luno is a regulated platform with more than 15 million global users. Crypto values can rise or fall, so it's important to understand the risks and explore responsibly.
A simple, secure place to begin your crypto journey
Whether you're crypto-curious or ready to learn more, Discovery Bank gives you a safer, streamlined way to take your first step. Start exploring today and learn as you go - all within your favourite banking environment!
This article is meant only as information and should not be taken as financial advice. For tailored advice, please contact your financial adviser.
Discovery Bank Ltd. Auth FSP 48657. Limits, Ts & Cs apply. Rewards based on your engagement in Vitality programmes, Discovery products, and monthly qualifying card spend.
Investing in crypto assets with Luno may result in the loss of your capital.