Luno Crypto Exchange Relaunch in Kenya
Luno relaunched again in Kenya after 10 years of absent from the Kenyan crypto market. The UK-based crypto company, currently working in South Africa and Nigeria, exit the Kenyan market in 2014 due to challenges in achieving sustainable growth and inability to navigate the regulatory environment during that time. Now, the crypto exchange has relaunched in the East Africa country with a full suite of crypto trading services designed for both individual investors and institutional traders. Luno was once functioning as a hybrid crypto platform, but now, the platform has transformed into a dedicated crypto exchange platform to serve more experienced crypto users. Hybrid crypto platform means combining features of a traditional crypto exchange that allows users to buy, sell, and trade digital assets like BTC, ETH, USDT, with additional services like crypto wallet storage, or simplified app interfaces for beginners. Companies offering hybrid crypto services target both novice and advanced user…