Luno, the global cryptocurrency investment app aiming to put the power of crypto in everyone’s hands, announced on Wednesday that it will be adding two more cryptocurrencies to its app: Cardano (ADA) and Solana starting in early October ( SOL).
“Starting today, users can buy, sell and store ADA on the Luno app and website alongside existing cryptocurrency offerings, Luno said in a statement sent to TechEconomy.
Luno will also add SOL to its investment portfolio early next month.
Cardano is often described as the “next-gen evolution” of Ethereum. It aims to be the most scalable and sustainable platform for running decentralized applications (dApps) by taking a methodical, research-oriented approach to its development.
Solana is the world’s fastest blockchain and fastest growing crypto ecosystem with thousands of projects spanning DeFi, NFTs, Web3 and more.
With continued interest in Bitcoin’s broader applications, ADA and SOL are the latest cryptocurrencies to be added by Luno to its portfolio after adding Chainlink (LINK) and Uniswap (UNI) earlier this year.
Luno wants to ensure that its more than ten million customers have access to these broader investment opportunities.
“As big proponents of long-term construction, we believe it is important to give customers access to newer crypto applications that have a promising future.
Now customers not only have access to ADA and SOL, but also the security that comes with the tight security that Luno’s customers have come to rely on,” comments Marius Reitz, General Manager for Africa at Luno.
“In a world that can seem complex, we want to break down the complications surrounding cryptocurrencies to make it easier for people to buy, send, store and learn about them.”
Customers don’t need to make a large investment to get started, but can build and grow their investment over time with smaller amounts – similar to how they contribute to their pension, for example,” comments Reitz.
While ADA and SOL meet Luno’s security standards, the listing on Luno is not a confirmation of their future potential as investments.
Luno evaluates potential assets based on factors such as security, compliance, and utility, but always recommends that anyone looking to invest in crypto should do their own research and exercise good judgment before investing.
“Luno only offers the most compelling investment options when you look at them over the long term,” concludes Reitz.
“Therefore, in the coming months, clients will be able to explore and invest in more opportunities to tap into and participate equally in a new global financial system.”
Related
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.