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Luno vs OKX: fees, licences and P2P

Facts for both companies from their official pages; each was checked on the date shown in its review.

Facts verified on October 18, 2026

Key differences

Criterion	Luno	OKX
Rating	4.4/5 on other platforms 153K ratings	4.2/5 on other platforms 954.8K ratings
Regulators	FSCA, BMA, SC Malaysia, OJK	VARA, MAS, MFSA, ASIC, CNAD
Proof of reserves	published	published
Deposits and withdrawals	Bank transfer, Visa / Mastercard	Bank transfer
Available only in	Bermuda, Indonesia, Malaysia, Nigeria, South Africa, Uganda +2	—
Spot trading fees	—	maker 0.08%, taker 0.1%
USDT withdrawal	—	0.015 USDT on OPTIMISM, 0.027 USDT on AVAXC, 0.033 USDT on TON +3
P2P trading	—	yes, in 103 local currencies
Futures	—	yes, up to 1:100
Not available in	—	Afghanistan, Canada, Cuba, Hong Kong, Iran, India +11
	Read review	Read review

Which regulators license Luno and OKX?

Luno is licensed by FSCA, BMA, SC Malaysia, and OJK; OKX by VARA, MAS, MFSA, ASIC, and CNAD.