Earlier, Luno announced in her mail that deposits and withdrawals in Naira will resume on her Platform in November.
Luno has been working hard to ensure that everything normalize. they constantly share information and future plans to restore the funding of account
‘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.
However, Luno warns users that it “does not set the price of bitcoin or any cryptocurrencies, we only facilitate transactions between customers.”
‘The return of Naira deposit and withdraw may cause significant price volatility with the releases of pent- up customer demand to buy and sell cryptocurrency causing unusual market behaviour that could last for several week’
Remember that early February, Luno halted naira deposit and withdrawal as directed by the CBN for Nigerian cryptocurrency traders in February after the Central Bank of Nigeria (CBN) prohibited cryptocurrency trading
Read the updated legal terms and privacy policy
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