Luno, a cryptocurrency exchange, is expanding its portfolio by adding Cosmos (ATOM) and Polkadot (DOT), bringing the total number of coins offered to 13. Cosmos aims to provide a scalable and interconnected ecosystem for decentralized applications, while Polkadot operates on a unique multi-chain architecture.
Luno Expands Cryptocurrency Portfolio with Cosmos and Polkadot, Empowering Malaysians with Diverse Investment Options
Luno, the leading regulated digital asset exchange, has made a significant move by adding Cosmos (ATOM) and Polkadot (DOT) to its cryptocurrency portfolio, bringing the total number of digital currencies it offers to 13. This expansion provides Malaysian investors with a wider range of options to explore and diversify their investment portfolios in a secure and regulated environment.
"We are delighted to be the first regulated digital asset exchange in Malaysia to introduce ATOM and DOT," said Scarlett Chai, Country Manager for Luno. "By expanding our coin offerings, we empower Malaysians to explore and diversify their portfolios in a safe and secure environment."
Cosmos is a decentralized network that aims to provide a scalable, secure, and interconnected ecosystem for decentralised applications and services. With its focus on interoperability, scalability, and sovereignty, Cosmos has gained substantial traction among developers, enterprises, and blockchain enthusiasts worldwide.
Polkadot, on the other hand, is a next-generation blockchain platform that operates on a unique multi-chain architecture. This innovative approach allows for greater scalability, security, and interoperability between different blockchains. Polkadot's strong developer community and robust ecosystem make it an attractive investment option for forward-thinking investors.
The expansion of Luno's portfolio with the addition of Cosmos and Polkadot marks the second round of additions this year. In 2022, Luno introduced Cardano and Solana to its platform. The exchange also recently launched Ethereum staking, enabling users to earn rewards on their Ethereum holdings.
Luno's commitment to providing a safe and secure trading platform has earned the trust of users worldwide. The exchange is regulated by the Securities Commission Malaysia (SC) and complies with all applicable laws and regulations.
The addition of Cosmos and Polkadot to Luno's portfolio is a testament to the exchange's commitment to innovation and providing its users with access to a diverse range of digital assets. As the cryptocurrency market continues to evolve, Luno remains dedicated to offering its customers a safe, secure, and user-friendly platform to invest in the future of finance.
