Can luno ask you money for upgrade fee signals fee and trading fee and also OBV signals before they can send you your profits?

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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