Luno Exchange Resumes Naira Deposit, Withdrawal for Nigerians

Earlier today, Luno exchanged announced that Nigeria’s trading cryptocurrency will be able to deposit and withdraw in Naira, beginning from November. This is coming 8 months after the CBN prohibited crypto trading in the country.

In an email sent to users, Luna said “…deposits and withdrawals in Naira will resume on the Luno platform in November


You will be able to deposit and withdraw funds to and from the Luno platform using vouchers purchased and redeemed through a trusted third-party provider.

We believe that this is the safest and easiest-to-use solution currently available to our customers in Nigeria and look forward to you experiencing it for yourselves.

Luno warns users that it “does not set the price of bitcoin or any cryptocurrencies, we only facilitate transactions between customers.”

I have been using Binance and Bundle Africa for my crypto deposit and withdrawal. If Binance is too complicated for some of you, try bundle Africa, easy deposit via cash link, and withdrawals.

If you ask me, I’ll simply tell you that Luno is late for the party. However, we await their arrival.

Let us know in the comment which platform you are currently using to trade your cryptocurrency.

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3 thoughts on “Luno Exchange Resumes Naira Deposit, Withdrawal for Nigerians”

  1. Hello prof, please do you have any idea of any banking app in Nigeria I can use to purchase stuffs online on foreign site with usd or Eur currency


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