Blockchain/Bitcoin

Luno Malaysia to Add Cardano (ADA) and Solana (SOL) to Its Platform

Digital asset exchange Luno will be adding two cryptocurrencies to its platform: Cardano (ADA) on 21 September 2022 and Solana (SOL) on 6 October 2022.

This comes after the addition of Chainlink (LINK) and Uniswap (UNI) earlier this year, bringing the total number of coin offerings that Malaysian users can buy, sell and store on Luno to nine.

Cardano aims to be the most scalable and sustainable platform for running decentralised applications (dApps), while Solana claims to be the fastest blockchain in the world and the fastest growing ecosystem in crypto.

However, according to Luno, while ADA and SOL meet the platform’s standards for safety, the listing is not an endorsement of the coins’ future potential as an investment.

Aaron Tang

“Luno assesses prospective assets based on factors like security, compliance, and utility, but will always suggest that anyone looking to invest in crypto do the necessary research and exercise good judgement before investing,”

Luno Country Manager Aaron Tang said.