I really haven't used binance but I find luno to be very swift and professional. The only problem I think would be the high transaction fees. This is one thing I read about in complaints. Other than that, it is quite comfortable to use.
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Binance is way ahead of luno. Talking of popularity and use among crypto traders. Binance carved a niche for itself in the crypto world making it one of the best or if not the best exchange platform. Luno still has a long way to go, they should emulate Binance.Luno and binance are both great Crypto currency exchanger, but each has some feature that will make traders prefer one from the other.
While luno provides easy account creation they offer less tradable Crypto currencies.
On the other hand binance offers more tradable coins but has been hacked a certain time.
So which would you prefect between both?
The word "better" is actually relative to the person defining it. To address the thread, personally I will say I prefer Luno due to how easy it is to navigate and buy and sell bitcoin at ease on the app. Some people can say they prefer Binance, more reason I said its relative.Luno and binance are both great Crypto currency exchanger, but each has some feature that will make traders prefer one from the other.
While luno provides easy account creation they offer less tradable Crypto currencies.
On the other hand binance offers more tradable coins but has been hacked a certain time.
So which would you prefect between both?
In terms of changing cryptocurrency to local currency or Fiat I don't really advise people to use luno because their charges is too much there are other wallet that are easier to use example of such one with low transaction fee is Roqqu,you can check it out it's one of the simplest crypto wallet to convert coins to cash with immediate effect.Most definitely Luno, my leaning would be due the fact that luno seems to solve the problem of exchange to Fiat fast and good rate in this region.
But for purchase of cryptos with good incentives, binance is definitely the best.
both are good at their respective strengths. Luno is preferable for storing crytptos to binance. But binance is preferable for trading cryptos for bigger profits to luno.Luno and binance are both great Crypto currency exchanger, but each has some feature that will make traders prefer one from the other.
While luno provides easy account creation they offer less tradable Crypto currencies.
On the other hand binance offers more tradable coins but has been hacked a certain time.
So which would you prefect between both?
I didn't try luno so I don't know it's cons or pros... But I have an account on Binance ,and I think Binance is best , it's transaction fee is also low than other Cryptocurrencies exchanges. I didn't do trade on Binance yet but it's good exchange to hold cryptocurrencies for future profit.Luno and binance are both great Crypto currency exchanger, but each has some feature that will make traders prefer one from the other.
While luno provides easy account creation they offer less tradable Crypto currencies.
On the other hand binance offers more tradable coins but has been hacked a certain time.
So which would you prefect between both?