How to Buy Bitcoin on Luno with a Debit Card

1. Set Up Your Luno Account
Before you can purchase Bitcoin, you need to set up an account on Luno. Visit the Luno website or download the Luno app from your device’s app store. Click on "Sign Up" and enter your email address and create a secure password. Verify your email address through the link sent to your inbox.

2. Verify Your Identity
Once your account is created, you’ll need to verify your identity. This is an essential step to comply with regulations and to ensure the security of your account. You will be required to upload a government-issued ID and possibly a proof of address document. Luno will review your documents, and once verified, you will be able to proceed with buying Bitcoin.

3. Add Your Debit Card
To purchase Bitcoin using a debit card, you first need to link your debit card to your Luno account. Go to the "Payment Methods" section in your account settings. Select "Add Payment Method" and choose "Debit Card." Enter your debit card details, including the card number, expiration date, and CVV code. Luno may perform a small verification charge to confirm that the card is valid and belongs to you.

4. Deposit Funds
After adding your debit card, you need to deposit funds into your Luno wallet. Navigate to the "Wallet" section and select the currency you want to deposit. Choose "Deposit" and select "Debit Card" as the payment method. Enter the amount you wish to deposit and follow the prompts to complete the transaction. Your funds should appear in your Luno wallet shortly.

5. Buy Bitcoin
With funds in your wallet, you’re ready to buy Bitcoin. Go to the "Buy" section in your Luno account. Select "Bitcoin" as the cryptocurrency you wish to purchase. Enter the amount of Bitcoin you want to buy or the amount of your local currency you want to spend. Review the transaction details and confirm your purchase. Luno will process the transaction, and the Bitcoin will be credited to your wallet.

6. Check Your Bitcoin Balance
Once the transaction is completed, you can check your Bitcoin balance in the "Wallet" section of your Luno account. Your newly purchased Bitcoin should appear in your Bitcoin wallet.

7. Secure Your Account
For added security, consider enabling two-factor authentication (2FA) on your Luno account. This adds an extra layer of protection to your account and helps prevent unauthorized access.

8. Keep Track of Bitcoin Prices
Bitcoin prices can be volatile. It’s a good idea to keep track of Bitcoin market trends and prices. Luno provides real-time price updates and charts to help you monitor the market.

By following these steps, you can easily buy Bitcoin on Luno using your debit card. Make sure to follow all security protocols to ensure your transactions are safe and secure.