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Luno, a cryptocurrency exchange platform, charges fees related to trading activities. Let’s break down the different fees: 1:- Trading Fees:Luno employs a maker/taker fee structure for customers who trade using their exchange. Maker Orders: These are limit orders that provide liquidity by being addeRead more
Luno, a cryptocurrency exchange platform, charges fees related to trading activities. Let’s break down the different fees:
1:- Trading Fees:Luno employs a maker/taker fee structure for customers who trade using their exchange.
Maker Orders: These are limit orders that provide liquidity by being added to the order book. If you place a maker order, you may be charged a maker fee.
Taker Orders: These are market orders that take liquidity from the order book. If you place a taker order, you may be charged a taker fee.
The specific fee rates depend on your trading volume over the last 30 days (excluding the current day).
Your fee tier is determined by your total trading volume during this period.
For example, if you’re based in South Africa and trade BTC/ZAR, your fees will vary based on your trading volume1.
2:- Upgrade Fees:
Luno does not typically charge an “upgrade fee” for account upgrades. However, be cautious of any unexpected requests for fees related to account upgrades. Verify such requests directly through official Luno channels.
3:- Signals Fees and OBV Signals:
Luno does not charge fees specifically for signals or OBV (On-Balance Volume) signals.
If someone claims that you need to pay fees for signals or other services before receiving profits, exercise caution.
Always verify such claims with Luno’s official communication channels.
4:- Protecting Yourself:
To protect yourself:
Research: Understand Luno’s fee structure and verify any requests for fees.
Official Channels: Only trust information from Luno’s official website or verified communication channels.
Security Measures: Enable two-factor authentication (2FA) and keep your account secure.
Remember that legitimate exchanges do not typically ask for additional fees to release profits. If you encounter suspicious requests, reach out to Luno’s support for clarification.
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Yes, offers claiming to give away free iPhones or iPads are often scams. While there might be occasional exceptions, it’s essential to be cautious. Here are some tips to help you spot these scams: 1:- Too Good to Be True: If an offer seems too good to be true, it probably is. Scammers often use entiRead more
Yes, offers claiming to give away free iPhones or iPads are often scams. While there might be occasional exceptions, it’s essential to be cautious. Here are some tips to help you spot these scams:
1:- Too Good to Be True: If an offer seems too good to be true, it probably is. Scammers often use enticing deals to lure people in.
2:- Check the URL: Look closely at the website’s URL. If it’s different from the official site or seems suspicious, that’s a red flag. For instance, if the URL is cnn-shopping.com instead of cnn.com, be cautious. You can use our live website checker tool ( https://verifyscams.com/live-website-checker/ ) to identify website is genuine or a scam.
3:- Outdated Information: Scammers may not keep their content up-to-date. If you notice outdated details (like referring to an older iOS version), it’s likely a scam.
4:- Testimonials and Photos: Testimonials and images of unboxed iPhones or iPads are often fabricated. Don’t trust them as proof of legitimacy.
5:- Credit Card Requests: If an offer asks for your credit card details, avoid it. Legitimate giveaways won’t require payment or sensitive information.
Regarding Facebook promotions, any free iPad offers you see there are almost certainly scams. In the past, rogue apps would post messages on users’ walls, encouraging them to click for a chance to win an iPad mini. These were deceptive and not legitimate.
Remember, always exercise caution online, and if something seems suspicious, it’s best to steer clear
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