How to trade on Luno like a pro

Trading on Luno like a pro is no new thing, very straight forward but following this footstep you will be able to dodge some  charges while trading on Luno that might affect your earnings as a trader with small capital, so I think this write-up might come in handy at this point in time, i know right ?

I am sure if you’re reading this article you should have had some prior knowledge on how Paxful operate, if you don’t then you should be reading a different article that’s based on the basics of trading on Luno, to be able to break the law you must first study the law very well so you can break it perfectly and go unpunished, don’t even try thinking am a kind of guy that breaks the law, I’m very law abiding but when it comes to issues as excess charges and there is a way out then it is best on deploys such formula to maximize one’s earnings.

Below is the video i made for how trade on luno avoiding charges, do not forget to subscribe if you find the video useful.

Okay, let me just give it to you straight and stop prolonging things, trading in any business deals with buying and selling so trading on luno isn’t  any different, when you buy or sell Bitcoin on Luno (trading on luno) there will be charges, to avoid this charges you must know how to set your buy and sell order. you can as well trade gift cards on paxful and sell your coins on luno, many people are utilizing this opportunity to the fullest.

If you are in haste to make a quick transactions then I’m sorry Luno isn’t the best place for you, to avoid charges while trading on Luno you must not sell directly, what does this mean? For example if the rate at which Bitcoin is being sold is #350/$ and bitcoin is currently worth $9,700 then the Naira value will be $9,700 x 350 = #3,395,000.

Trading on Luno is carried out in Bitcoin and not Naira so you must do your calculation well and queue at the appropriate place.  At this point we need picture to make things easier , from the image below the left digit in read are those that want to sell their Bitcoins , the highest amount the first queue want to sell their coin is the rate of #4,189,598  so if you want to buy then you must reduce your asking price, #1 is enough, but if you mistakenly click on the queue and buy from the queue then Luno will take their charges since you jump queue for a fast trade. So if you want to buy now you can set your asking price to be #4,189,590 and that is #8 difference.

admin |   5 months ago

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