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Luno Adds LINK and UNI Crypto Assets to its Platform

As a trading platform for crypto assets, Luno announced that it has added two crypto assets to its platform, namely Chainlink (LINK) and Uniswap (UNI). Luno app customers can buy, sell and store two new coins, namely LINK and UNI, in addition to other available crypto assets.

Luno Indonesia Country Manager Jay Jayawijayaningtiyas said, “With the increasing interest and application of crypto asset application technology globally, Luno wants to ensure its nine million customers have access to wider investment opportunities.

“By adding the two crypto assets Chainlink (LINK) and Uniswap (UNI), we strive to provide access to a more diverse range of crypto assets for our customers. However, we stick to Luno’s principle of only offering proven safe blue chip crypto assets. Going forward, customers can invest in more crypto assets of choice easily and safely at Luno,” said Jay.

Even though LINK and UNI have met the criteria and security standards at Luno, this does not guarantee the potential profit of the two coins as investment instruments. Prior to launching crypto assets on its platform, Luno carries out a series of selection and assessment processes covering factors such as security, compliance, and utility.

However, Luno always advises anyone who wants to invest in crypto assets to research and collect crypto asset information independently before investing in crypto assets of interest.

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Jay explained that every crypto asset that will be launched and available on the Luno platform requires careful technical review and legal provisions in accordance with the regulations of the Commodity Futures Trading Regulatory Agency or CoFTRA.

“Our priority remains to ensure that our customers have easy and safe access to investing in crypto assets, and is supported by information and knowledge about crypto assets. Therefore, Luno will continue to strive to provide education about crypto assets through various platforms so that people can feel safe and confident in starting crypto asset investments,” he said.

In terms of benefits and functions, Chainlink acts as a blockchain-based intermediary that helps Ethereum and other cryptocurrency networks to access data from real life. Chainlink has opened partnerships with a number of large companies, including Google.

Meanwhile, Uniswap was built as a solution to solve DEX (Decentralized Exchange) liquidity problems. Through Uniswap, anyone who has an Ethereum wallet can exchange tokens without involving a third party. Last year, Uniswap made more than US$500 billion in direct transactions between its customers. (RO/OL-7)