Luno Trending Bitcoin Starts Glancing at Indonesia

Leading global asset digital company, Luno announced that the Bitcoin Luno wallet application has been downloaded by almost 2 million users worldwide.

In Indonesia alone, the total users of Luno reach 300 thousand users with the number of download applications in the Play Store and App Store. Luno can be accessed through websites and mobile applications based on Android and iOS which can be downloaded for free on the Play Store and App Store.

This figure is driven by the significant growth of Luno users in Indonesia which touched 400% last year. Later the last time, Bitcoin became popular because of the significant price increases and the benefits offered to its investors.
"Blockchain has digital assets such as Bitcoin or Ethereum that can be bought and owned. In some countries, Bitcoin has been designated as a currency. Bitcoin represents a technology where money transfer becomes cheaper and faster than before. Through Luno, people around the world, especially Indonesia, can invest in Bitcoin and Ethereum, "said Vijay Ayyar, General Manager of Luno at Thamrin, Jakarta, Wednesday (05/10/2018).

Vijay added that currently Luno had developed its wings in Indonesia.

"Luno himself made his initial debut globally since 2013. In Indonesia alone, we began to enter 2016. We see Indonesia has a promising market share for Bitcoin. "The progress was quite good from 2016 until now," said Vijay.

Vijay sees Bitcoin transactions in Indonesia itself as still very small, different from global. This is due to the lack of knowledge and doubts about Indonesian people about Bitcoin. Vijay is optimistic through Luno that this will not happen again.

"We now have special teams and resources for our operations in Indonesia. Through regular product updates, we offer an easy and practical application to use so that our customers can buy Bitcoin in minutes, "Vijay said.

The same thing was conveyed by Claristy, Operations Lead Luno Indonesia in the same place.

"All Bitcoin transaction processes in Luno are very easy. There is a help menu that can help users transact. Starting from the trading process, notification, "Claristy said.

According to him, the price of Bitcoin can change at any time. Currently 1 Bitcoin costs Rp 130 million.

"In Luno users can buy Bitcoin under 1 Bitcoin. A minimum of IDR 15 thousand, can buy a certain amount of Bitcoin. All information about the latest Bitcoin prices is displayed in the Luno application, "Claristy concluded.

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