How To Withdraw Your Bitcoin Direct Into Your Nigerian Local Bank Account Without Going Through Exchangers

Updated: July, 2022



I'm pleased to teach this to many people that find it difficult to withdraw their hard earn bitcoin to their local bank account directly without going through any exchanger like instant gold, naira4dollar, etc.

Related article: How I Make Money Daily On LUNO Platform


Let me keep it simple, I find LUNO(formally BitX) bitcoin wallet as my favorite wallet for my withdrawal because it is safe and is directly connected to my Nigerian bank. Also all bitcoin is shown in naira equivalence instead of the normal USD others have.
Simply send all your bitcoin from other wallets to LUNO and press a button to withdraw to your bank, withdrawal request is process within 6hous.
Also you can deposit money from the same bank or any bank account using your ATM card to LUNO wallet instantly on there website.

When registering on LUNO, ensure that you use your real name as it appears on the bank account you with to link to LUNO.

To withdraw Bitcoin into you bank account, Lino currently makes use of voucher for Nigerians.

Click Here To Learn More About Withdrawal With Voucher


The money will instantly be in your Naira- NGN wallet on LUNO. Click on wallets to see your NGN wallet. On the NGN wallet, click on " Withdraw " to transfer the money into your local bank account. Enter amount you wish to withdraw and proceed.

Also to fund you account, on the NGN wallet, click on "Fund", then click on PayU and proceed to deposit with your ATM card. You can also deposit using Paystack or bank option.

REGISTER WITH LUNO HERE, IT'S FREE

To deposit or withdraw from LUNO, you must first verify your LUNO Account using anyone of these:  National ID card, Voters card, Driving license or International passport.
If you try depositing money on LUNO without first verifying your account, your money might never reflect on your LUNO Wallet.

Related Article: How to deposit money from bank account direct to your Nigerian PayPal account.


LUNO is 100% safe and registered with Nigeria financial institutions. They have accounts with several banks, and they are multinational financial company.
They have there application on Play Store and Apple Store, but I prefers the Website version because of its features and easier navigation.
It is free to Sign Up and Get LUNO Wallet Account.

Things you can do on LUNO:
1. Fund your wallet direct from your bank account.
2. Withdraw into your back account.
3. Buy Bitcoin.
4. Sell Bitcoin.
5. Transfer Bitcoin to another wallet address free.
6. Trade Bitcoin ( Exchange with other traders)
7. You can also buy/sell/trade other cryptocurrencies on Luno such as Bitcoin Cash, Litecoin, Ripples, Ethereum.

Related article: How I Make Money (Bitcoin) Daily On LUNO


All withdrawals on LUNO attract a processing fee of  ₦200 only. Maximum withdrawal deposit on LUNO is N200,000 (all time), for first level verified users, for second level verified users, the maximum is N500,000 monthly.
If you experience any difficulty during registration or verification, feel free to contact me for free assistance.
+2348035217265
dillionworldblog@gmail.com
tochukwudike@gmail.com

Note: I do not work with LUNO neither did I received money from them to promote their business. I am doing this to help people fund the Bitcoin wallet easily without spending on exchangers and also not to fall victims to fraudsters. I have been using LUNO for a very long time and they are reliable.


Learn more about LUNO and GET YOUR LUNO WALLET ACCOUNT FREE HERE





77 comments:

  1. Bitcoin nigeria One of the best and safe way to convert bitcoin to instant cash is exkash.com, Here you can withdrawyour large amount of bitcoin directly into your bank account within no time. Do it now Bitcoin to instant Cash

    ReplyDelete
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  3. Hi. Can i buy btc from $ domiciliary account with GTB?

    ReplyDelete
    Replies
    1. Yes you can with your domiciliary account debit/credit card

      Delete
    2. Can I then withdraw to that same domiciliary account

      Delete
  4. What activities can I do to earn more BTC

    ReplyDelete
    Replies
    1. 1. You can try this if you want to be making real money (Bitcoin) daily: http://dillionworldblog.blogspot.com.ng/2015/02/creating-palpay-nigeria-account.html

      2. You can as week join moonbitcoin to be claiming free bitcoin free hour: http://moonbit.co.in/?ref=201eaa87cd69

      3. If you are using android phone, you can download from playstore "Claim Free Bitcoin" and "Wheel of Satoshi" apps both developed by JPLabs, use this promo code to earn 10,000 satoshi GFR48. Visit the apps every 15mins to earn more.

      4. You can invest in mining pool with very little amount, Hashflare is good and contract runs for 1yr : https://hashflare.io/r/82E781EE

      Delete
  5. What the charge for bitcoin transfer to other wallet. Cos luno Is charging me more than a thousand naira for transfer

    ReplyDelete
    Replies
    1. LUNO transfer fee to another wallet address is 0.0002btc which is about N400. While luno transfer to email address or phone is free. Transfer fee for other exchangers including blockchain.info and coinbase is also 0.0002btc

      Delete
  6. Though some Nigerians are still scheptical about Bitcoin, websites like www.ediarosms.com accept bitcoin for payment for Bulk SMS Credit recharge, www.ediaro.com accept bitcoin for website design and www.ediarohost.com accept it for website hosting and domain registration. Makes it easy for me to pay

    ReplyDelete
  7. Updated: how to withdraw and deposit on LUNO:
    https://dillionworldblog.blogspot.com.ng/2017/11/how-to-withdraw-bitcoin-from-luno-to.html

    ReplyDelete
  8. Wow! This is the perfect blog I am looking this type of blog its awesome blog here , share great information about this topic. This informative blog helps many readers with their decision-making regarding the situation. Great articles and will look forward for more!Belastingen utrecht

    ReplyDelete
  9. I always bookmarked, those who has good info which is viewable, useful and you are one of those who give good information.
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  10. I am very happy that DillionWorld are doing perfectly well.

    ReplyDelete
  11. i tried registering my data and it is telling me to provide a valid date even after providing the date

    ReplyDelete
    Replies
    1. If your are using the app, check the date of your phone/computer.

      Delete
  12. Boss wat if i dnt ave national id card, voters card and drivers licencen for luno to confirm me....is dere no oda site lyk lino dat i can use to convert bitcoin to naira and does not require id verification like luno...tnks Boss

    ReplyDelete
    Replies
    1. All of them require ID for verification. That is the reason the federal government allow them to operate. However on Luno, if you don't have ID, you can verify your phone number and start using Luno but, your all time transactions will not exceed N200,000.

      Delete
  13. Please I dont have any form of identity but I cant still buy bitcoin even thou I tried verifying my number still cant buy bitcoin

    ReplyDelete
    Replies
    1. If you have verified your phone number, you should be able to buy Bitcoin. Don't try amount up to #200,000. Alternatively, you should check if your ATM card is enabled for 3D transaction

      Delete
  14. Some truly wonderful work on behalf of the owner of this internet site , perfectly great articles .
    Withdraw Bitcoin to Bank Account

    ReplyDelete
  15. thanks you so much for good and reliable information at dillion

    ReplyDelete
  16. Please ,is there any legit Android bitcoin mining application that can help us to earn free BITCOINS?

    ReplyDelete
    Replies
    1. Be informed that you can not mine bitcoBion your smartphone. However, there are some legit apps where you can perform tasks and receive bitcoin in return.

      Delete
  17. Replies
    1. You don't create it. It's already there. Go to wallets, scroll down and you will see Naira (NGN) Wallet. From your NGN Wallet, you can deposit from and withdraw to, your bank account.

      Delete
  18. What bitcoin wallet can I use to withdraw bitcoin and with instant reflection to my local bank account as cash? Within minutes please

    ReplyDelete
    Replies
    1. Non.
      With bank like Stanbic ibtc and Fidelity, you can get your money few minutes after Luno must have sent you a mail that they had processed your withdrawal.

      Delete
  19. Assuming I have xrp in my ripplecoin wallet, how can I change it to bitcoin back and then withdraw it back to luno wallet

    ReplyDelete
    Replies
    1. Yes, you can convert your ripple to Bitcoin and send it to Luno.

      Delete
  20. Bitcoin News
    This is arguably the largest resource for all things bitcoin. The news sections cover the latest insights from the best writers in the fintech sector. In addition to this, the site is filled with numerous tools that help investors make informed decisions. What I like about the convenience of finding all you need in the same platform.

    ReplyDelete
  21. Pls is can I withdraw the #200000 daily

    ReplyDelete
    Replies
    1. If you're in level 1, once your transactions or money you have in Luno reach ₦200,000, your account will be locked till you upgrade to level 2. It's not monthly nor daily something.

      Delete
  22. I have a bitcoin wallet on blockchain.com.. can I send all my bitcoins to LUNO.

    ReplyDelete
    Replies
    1. Yes. Go to your Luno account, under BTC wallet and create a wallet address, copy it and head to Blockchain. Send your Bitcoin to the address you copied from Luno.

      Delete
  23. Can I withdraw all my bitcoins to my Nigerian bank account without doing any buy/sell?


    ReplyDelete
    Replies
    1. You can withdraw all your Bitcoin but, you need to sell the Bitcoin first to change it to Naira for you to be able to withdraw it.

      Delete
  24. The "instant sell" on luno wallet, does it happen within some mins or days before I can withdraw it?

    ReplyDelete
  25. What is the minimum withdrawal rate on luno and what is the minimum amount of bitcoin that can be sold ?

    ReplyDelete
  26. Can first level verification usual withdraw and deposit into luno wallet account without any problems attached.

    ReplyDelete
    Replies
    1. You can till your total transactions reach ₦200,000. After which you won't be able to transact on Luno again till you upgrade to level 2.

      Delete
  27. Enter your comment...can you also helps to manage or trade mining for the novice like me ?

    ReplyDelete
    Replies
    1. We can discuss this, send me an email dillionworldblog@gmail.com

      Delete
  28. Whats is the maximum amount one can have in his luno wallet

    ReplyDelete
    Replies
    1. There is no limit to the amount of Bitcoin you can have in your wallet. The limit only applies to Deposits and Withdrawals.

      Delete
  29. Hi pls have been trying to create an account on luno but is telling me to verify, anytime I send my screen shot of my national ID it will tell me the image is not clear pls I need advise on what to do and secondly how much does luno sell btc/naira

    ReplyDelete
    Replies
    1. Use a higher resolution camera and make sure you your name and image appear clearly on the ID. Also Luno only accept the original/permanent ID, not temporary ones.
      The price of BTC to Naira is not fixed, it's dynamic

      Delete
    2. But I don't have any of my I'd card on parmanent, what will I do pls I need to buy btc

      Delete
    3. You're already on verification level 1, so you can start buying Bitcoin while you work on getting ID. Meanwhile, the limit for the level 1 is ₦200,000

      Delete
  30. pls what is your customer care email address, i have a personal complain of transaction

    ReplyDelete
  31. Hi dilion plz do you trade crypto currency

    ReplyDelete
  32. Can I withdraw Bitcoin of 500,000 as much as possible in a day with level 2 verification

    ReplyDelete
    Replies
    1. The ₦500,000 is monthly limit. But you can't get all in a one-time transaction

      Delete
  33. May God bless you for the good works you're doing, you're so patriotic. Teaching people such a thing for free!!💪

    ReplyDelete
  34. PLEASE HOW CAN I SELL MY MINIG BITCORN

    ReplyDelete
    Replies
    1. We can buy it from your. Send us an email
      dillionworldblog@gmail.com

      Delete
  35. Hi, how can i proceed to verification level 2 and more pls?

    ReplyDelete
    Replies
    1. You will need to upload the original/permanent copy of any of the document required.
      To get started, go to settings andcand on verification

      Delete
  36. Very reliable information I would like to know more about the site owner. You information is very very reliable

    ReplyDelete
    Replies
    1. Thank you for your compliment. You can contact me on dillionworldblog@gmail.com

      Delete
  37. Hello, is it possible to make withdrawal into GTBank domiciliary (dollar) account from Luna?

    ReplyDelete
  38. Thankyou for this wondrous post, I am glad I observed this website on yahoo.
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