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.”
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.