can luno accept usdt

Luno allows users to store and utilize USDT, a stablecoin tied to the value of the US dollar, providing a stable option for cryptocurrency storage and transactions.

Oct 27, 2024 at 12:56 am

Can Luno Accept USDT?

Yes, Luno accepts USDT. USDT is a stablecoin pegged to the US dollar, so its value is always around $1. This makes it a popular choice for people who want to store their money in a stable asset, or for people who want to use their cryptocurrency to buy goods and services.

Here are the steps on how to deposit USDT to Luno:

Log in to your Luno account.
Click on the "Wallets" tab.
Click on the "Deposit" button.
Select "USDT" from the dropdown menu.
Enter the amount of USDT you want to deposit.
Click on the "Deposit" button.

Once you have deposited USDT into your Luno account, you can use it to buy and sell other cryptocurrencies, or to send and receive payments.

Please note that Luno does not support ERC-20 USDT deposits. If you try to deposit ERC-20 USDT to your Luno account, your deposit will be lost.

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