Luno vs Paxful

Luno vs Paxful Comparison Table 2023
Luno	Paxful
Review 2 Luno is #33 in our crypto broker rankings.	Paxful has closed.
Traders from US accepted	Traders from US accepted
Established in 2013, Luno has a mission to make crypto investments simple and accessible for all. The brand has a customer base of 9+ million across 43 countries. Trading fees are competitive, with no market maker charges and access to popular tokens like Bitcoin.	Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.
Comment by Reviewer
"Luno will appeal to beginners looking to trade popular cryptocurrencies on a user-friendly mobile app and web platform."
Pros
Instant Trade, savings wallets, and crypto transactions supported Third-party proof of reserves audits available to view Transparent fee structure with zero market maker charges Market news, insights and educational content available 'Deep Freeze' multi-signature wallets to store cryptos High liquidity and high-speed platform so the spreads are kept low Simple and easy-to-use interface
Cons
Very narrow range of cryptos with up to 11 tokens available that varies by jurisdiction Poor payment methods with restrictions in some countries Below average customer support with no live chat or telephone Limited analysis tools and features for seasoned traders Not regulated or insured, raising safety concerns
Instruments
Crypto	Cryptos
Demo Account
No	No
Minimum Deposit
£1	0.005 BTC
Trading Platforms
Own	Own
Payment Methods
Credit Card Debit Card Wire Transfer	American Express Bitcoin Payments Credit Card Debit Card Ethereum Payments Google Wallet Mastercard Neteller PayPal Przelewy24 Skrill Visa Wire Transfer
Minimum Trade
£10	$10
Margin Trading
No	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	Yes
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Android & iOS
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Account Currencies
	USD EUR GBP
Cryptocurrency
Luno supports cryptocurrency trading, staking and transferring on major tokens, including Bitcoin, Ethereum, Ripple and Cardano. There are no maker fees and taker fees vary by trading volume starting from 0.10%. 95% of cryptocurrencies are held in 'deep freeze' multi-signature, encrypted wallets.	Paxful offers buying and selling of the world's leading cryptocurrencies.
Spread
Variable	Rates set by vendors
Coins
BTC ETH LTC XRP BCH USDC	BTC ETH USDT
Crypto Lending
Yes	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
Yes	No

Review	Paxful has closed.
More Comparisons
Luno vs	Paxful vs