Luno vs VALR
On the standard spending profile, Luno has the lowest net annual cost (—). Luno offers the highest cashback (0%). Pick Luno if you prioritise simplicity and exchange integration; consider VALR if you prefer a mature custodial ecosystem.
| Luno | VALR | |
|---|---|---|
| Tier | B | B |
| Rating | ★ 3.8 | ★ 3.8 |
| FX markup | 0% | 0% |
| Cashback | 0% | 0% |
| Annual fee | Free | Free |
| Estimated net annual cost | — | — |
| Custodial | Custodial | Custodial |
| Network | — | — |
| Regions | Africa, APAC | Africa |
| Licences & safety | FSP Sud Africa + FCA UK | FSCA South Africa |
Frequently asked questions
Luno vs VALR: which is better?
On the standard spending profile, Luno has the lowest net annual cost (—). Luno offers the highest cashback (0%). Pick Luno if you prioritise simplicity and exchange integration; consider VALR if you prefer a mature custodial ecosystem.
Is Luno custodial or self-custody?
Luno is custodial: funds are held by the platform, while VALR is custodial.