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Nigerian Crypto Traders will Withdraw, Deposit Funds Soon – Luno

Nigerian Crypto Traders will Withdraw, Deposit Funds Soon – Luno

Luno which is otherwise known as Cryptocurrency Trading Platform has informed its customers that they can now withdraw and deposit Naira in Luno. Information Guide Nigeria

According to TheGuardian, their email, reads “We are pleased to announce that we have approved a solution to enable our customers to withdraw and deposit Naira again on Luno. This will be available on our platform in the coming weeks”.
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Recall that eight months ago Luno, stopped naira deposit and withdrawal for Nigerian cryptocurrency traders due to the ban on cryptocurrency forced changes on the operations of Luno and other Nigerian fintech companies into cryptocurrency trading by The Central Bank of Nigeria (CBN). Jamb Result

The CBN had instructed all accounts to be closed with the claims that cryptocurrency and virtual currencies are used to finance terrorism and money laundering due to the anonymity of virtual transactions done.

Luno however said it is aware of the cryptocurrency ban in Nigeria and assured Nigerians to keep them informed about developments while urging them to continue to sell, buy, send, receive and earn crypto with funds that are already your wallet.

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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