South African cryptocurrency exchange Luno has eclipsed a new milestone in its user base, and reports a flood of interest and trade volume coming out of the region.
Strong Crypto Market in South Africa
According to a report published on Sept. 10, Luno now has more than three million wallets spread across 40 countries. In addition, the exchange claims to have processed more than $5 million per day in crypto during the month of August, with a surge of customers joining the platform throughout 2019.
Marius Reitz, general manager of Luno’s African division, says that South Africa is a hotbed for cryptocurrency growth and that the population is taking a keen interest in cryptoassets.
In the last…