Crypto trading just got faster: access Luno on your banking app

 

As a trader, speed and clarity matter. Our brand-new Discovery Bank-Luno integration is designed to give you both! Now, you can fund your Luno wallet instantly in the Discovery Bank app, track transactions in real time and trade without the friction of switching platforms.

It's a streamlined experience built on Discovery
Bank's powerful platform - integrating Luno's global crypto expertise and Discovery Bank's fast, secure digital banking environment.

What traders can now do inside the Discovery Bank app

You get tools that support faster decisions and efficient trading:

  • Real-time transfers from your Discovery Bank account to your Luno wallet, with no transfer fees
  • Access to major cryptocurrencies including Bitcoin, Ethereum, XRP and Litecoin
  • Upfront fee visibility before every trade
  • Crypto balances displayed alongside your bank accounts for a single financial view
  • Instant withdrawals of rand proceeds back into your Discovery Bank account
  • Earn Vitality Money Savings points for eligible Luno crypto balances

This integration brings everything together - speed, visibility and convenience.

FAQs for active traders

  1. How do I fund my Luno wallet instantly?
    Log in to your Discovery Bank app. Tap Transact > Transfer, choose your Discovery Bank account and select Luno as the account to pay in to. Your funds reflect immediately.
  2. What crypto assets can I trade?
    A range of leading cryptocurrencies available on Luno, including Bitcoin, Ethereum, XRP and Litecoin.
  3. What about fees?
    All Luno fees - including transaction and network fees - appear upfront before you confirm your trade.
  4. Can I cash out into rands easily?
    Yes. Sell your crypto on Luno and withdraw directly into your Discovery Bank account.
  5. Can I track my performance easily?
    Your Luno balances and transaction history show directly in your Discovery Bank app, helping you monitor your trading activity quickly.

Equip yourself with trading tips from Luno

Want to deepen your understanding of digital assets or sharpen your trading skills?

Luno's "Decoding Cryptocurrency" guide offers a simple, practical introduction to how the crypto world works. It explains why crypto was created, the problems it aims to solve, and how the broader ecosystem fits together.

You can also learn what different cryptocurrencies do, how trading works and what to consider when exploring new digital assets - which can help you make more informed decisions. For example, here are a few general insights from the guide that can help you trade with more confidence:

  • Know your order types - Market orders execute instantly at the best available price; limit orders let you set your own target price.
  • Understand volatility - Crypto prices move quickly, so it's important to monitor trends and manage your exposure responsibly.
  • Watch liquidity - Larger, more established cryptocurrencies typically offer more stable trading volumes.
  • Track total costs - Remember to factor in any transaction and network fees when planning your trades.

Trading is easier when you have the right tools and a trusted platform. With everything in one secure place, Discovery Bank gives you the speed and visibility you need to trade confidently and keep a clear view of your portfolio. It's seamless, transparent and backed by the platforms you trust!

Ready to explore? Here's how to get started

Getting started is easy:
  1. Log in to your Discovery Bank app
  2. Tap Accounts > scroll down and tap Add Account > then Luno
  3. Follow the quick linking steps

Transfer money instantly and start exploring at your own pace

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.

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