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Nomvula
1 reviews | Active since Apr 2022
06 Apr 2022, 11:00
I made a pay you dep...
I made a pay you deposit because I wanted to send bitcoins urgently....but now I have to wait 3 business days...what is tha?
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Replies (1)Luno's replyOfficial
06 Apr 2022, 11:26Hi Nomvulah,
Thanks for your query.
As you know depositing money from your bank account using Instant EFT with PayU ensures that funds reflect almost instantly in your ZAR wallet. This particular instant deposit into your account only allows you the option to buy cryptocurrency quickly.
However, it will take up to 3 business days before you can send out any cryptocurrency you bought with your PayU deposit. We do this to make sure your deposit has arrived safely in your wallet.
Any funds you have in your Luno wallet, besides the amount deposited using PayU in the last 3 business days, will still be available for sending. And once the 3 business days have passed, the crypto bought using your PayU deposit will be available for sending as well.
You can learn more about crypto send limits here 📚 https://www.luno.com/help/articles/***
Thanks for understanding.
^ UG
Thanks for your query.
As you know depositing money from your bank account using Instant EFT with PayU ensures that funds reflect almost instantly in your ZAR wallet. This particular instant deposit into your account only allows you the option to buy cryptocurrency quickly.
However, it will take up to 3 business days before you can send out any cryptocurrency you bought with your PayU deposit. We do this to make sure your deposit has arrived safely in your wallet.
Any funds you have in your Luno wallet, besides the amount deposited using PayU in the last 3 business days, will still be available for sending. And once the 3 business days have passed, the crypto bought using your PayU deposit will be available for sending as well.
You can learn more about crypto send limits here 📚 https://www.luno.com/help/articles/***
Thanks for understanding.
^ UG
Luno's reply06 Apr 2022, 11:26
Official
Hi Nomvulah,
Thanks for your query.
As you know depositing money from your bank account using Instant EFT with PayU ensures that funds reflect almost instantly in your ZAR wallet. This particular instant deposit into your account only allows you the option to buy cryptocurrency quickly.
However, it will take up to 3 business days before you can send out any cryptocurrency you bought with your PayU deposit. We do this to make sure your deposit has arrived safely in your wallet.
Any funds you have in your Luno wallet, besides the amount deposited using PayU in the last 3 business days, will still be available for sending. And once the 3 business days have passed, the crypto bought using your PayU deposit will be available for sending as well.
You can learn more about crypto send limits here 📚 https://www.luno.com/help/articles/***
Thanks for understanding.
^ UG
Thanks for your query.
As you know depositing money from your bank account using Instant EFT with PayU ensures that funds reflect almost instantly in your ZAR wallet. This particular instant deposit into your account only allows you the option to buy cryptocurrency quickly.
However, it will take up to 3 business days before you can send out any cryptocurrency you bought with your PayU deposit. We do this to make sure your deposit has arrived safely in your wallet.
Any funds you have in your Luno wallet, besides the amount deposited using PayU in the last 3 business days, will still be available for sending. And once the 3 business days have passed, the crypto bought using your PayU deposit will be available for sending as well.
You can learn more about crypto send limits here 📚 https://www.luno.com/help/articles/***
Thanks for understanding.
^ UG
