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South African Crypto Exchange Luno Surpasses 3 Million Wallet Milestone

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. 

He said, 

In the last…

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