How To Withdraw Bitcoin From Luno To Your Bank Account And How To Deposit On Luno





Click Here To Create A Free Luno Account And Get Free Bitcoin

Before attempting to withdraw or deposit on LUNO, please ensure you have VERIFIED your account up to your chosen level.

**Level 1: verification is with your phone number usually during registration. Limit is N200,000. Meaning, you cannot at any point have more than N200,000 in that account.

**Level 2: verification is with any of your ID card (National ID, voters card, driving license or international passport). Limit is N500,000 monthly. You cannot withdraw nor deposit more than N500k in a month. You can have any amount of Bitcoin in your Wallet.

**Level 3: verification is with any of these: Utility bill, Bank statement. Limit is N10m monthly withdrawal and deposit. You cannot withdraw or deposit more than that in a month. You can have any amount of Bitcoin in your Wallet.

To see your level of verification and to upgrade, go to Profile, then Settings.

Related post: How I make money daily on LUNO

HOW TO DEPOSIT ON LUNO FROM YOUR LOCAL BANK ACCOUNT

To deposit money to your LUNO account (NGN wallet) from your bank, you need to have an ATM card that can perform online transaction. Follow the steps below to deposit:

1. Click on wallets.
2. Select NGN wallet
3. Click on "Debit or credit card with PayU" or Paystack.
4. Enter the amount, click next.Then click continue.
5. You will be redirected to PayU or Paystack website. Click on Card payment, then enter your ATM card details(Card number, holder's name, expiration date), click on Pay.
6. Cross check the details.  Safe token(OTP- one time password)  will be sent to your phone number as SMS for verification. Enter the code in the space provided on the website to complete the transaction.
7. The money will be deducted from your account and your LUNO NGN wallet will be funded with the amount (minus the fee).

Note: your money on LUNO will still be in Naira not in Bitcoin. To convert it to Bitcoin, you have to click on wallets, click on BTC wallet. Under it click on Buy. Click on " with NGN"(you can also buy with Ethereum). Enter the amount of BTC you want to buy in naira or in btc and click continue, then confirm the transaction. The money will be deducted from you NGN wallet and your BTC wallet will be credit with the equivalent amount in Bitcoin.


HOW TO WITHDRAW YOUR BITCOIN INTO YOUR BANK ACCOUNT



For others, follow these steps: 
To withdraw Bitcoin into your bank account, you first need to convert the Bitcoin into Naira(from BTC wallet to NGN wallet). Follow the steps below:

1. Go to BTC wallet, under it, click on sell.
2. Click on "for NGN".
3. Enter the amount of Bitcoin in Naira or BTC you wish to sell. Click continue.
4. Confirm the transaction. The Bitcoin will be deducted from your BTC wallet and it's equivalent in Naira will be credited into your NGN wallet.
5. Go to NGN wallet, click on withdraw.
6. Select your bank(you must have entered your bank details during registration). Enter the amount in Naira you wish to withdraw. Click on Withdraw.
7. Confirm the transaction.
The money will be deducted from your NGN wallet and your bank account will be credited in couple of hours.

Note, for each transaction, a certain transaction fee applies.
You can also withdraw and deposit Ethereum by following the same procedures.

Optionally, you can buy and sell Bitcoin (trade) like a professional and make money through it. Click here for details.

For further assistance, you can contact:
dillionworldblog@gmail.com
tochukwudike@gmail.com
+2348035217265

Create Your Free LUNO Account Here And Get Free Bitcoin




Support our blog: 1NaWJgw6hGwU89UESRL3dFTwUoDyx8t1Yv





188 comments:

  1. Is there a debit ATM card that one can withraw directly.

    ReplyDelete
  2. Does this mean that if i have more than 500k in my wallet, i can't withdraw it once to my account?

    ReplyDelete
    Replies
    1. You can but, you first have to upgrade to level 3. This requires uploading your utility bill or bank statement.

      Delete
  3. Enter your comment...if am in level 1 after withdrawaling 200k for that month can I withdraw again the next month

    ReplyDelete
    Replies
    1. No Sir. You will have to upgrade to level 2 to continue using your account.

      Delete
  4. i don't want to fund my wallet and then buy btc, i want some one to send to me.hope its allowed

    ReplyDelete
  5. can I still receive money to my luno wallet when I exceed 200,000 on level 1

    ReplyDelete
  6. Can I withdraw 200,000 naira any amount of time while in level one, or does it still have the same limit as level 2 and 3

    ReplyDelete
  7. My advice is, once you have e transacted upto ₦150k, make plan and upgrade to level 2.

    ReplyDelete
  8. What is the lowest withdraw can somebody make?

    ReplyDelete
  9. What if I transact up to #50000 a day for level one(it won't get to #200000 at once)

    ReplyDelete
    Replies
    1. It's allowed as long as you don't exceed the limit of ₦200k for level one.

      Delete
  10. If I understand clearly, does that means once your transaction equals 200K,you can no longer transact with that Luno account or is a monthly thing?

    ReplyDelete
  11. Can I withdraw to any bank in Nigeria or specific bank

    ReplyDelete
  12. What is the minimum I can send to another bitcoin address

    ReplyDelete
    Replies
    1. From level 2 up, there is no limit to the amount of bitcoin you can send to another wallet address. For level 1, the transaction limit of 200k applies.

      Delete
  13. Please, what is the percentage charges when one withdraws money from luno to local bank account?

    ReplyDelete
  14. I bought a bitcoin with 400ngn but I can't sell it.. why

    ReplyDelete
  15. Am on level 3 fully verified ,is there a limit to Bitcoin amount I can receive to my wallet ?from your explanation do u mean I can receive any amount of Bitcoin from any one but I can't withdraw more than 10m monthly.?

    ReplyDelete
    Replies
    1. There is no limit to the amount of Bitcoin you can receive in your wallet, but you can not withdraw(your local currency from luno to your local bank account) nor deposit (from your bank to Luno) more than the limit set per month.

      Delete
  16. Hello please can I receive bitcoin directly from any site into my luno account?

    ReplyDelete
    Replies
    1. Yes. All you have to do is to generate your luno BTC wallet address, copy it and head to the website. Paste it on the receiver address and you will receive the payment in your Luno account.

      Delete
  17. Replies
    1. To upgrade, go to settings and click upgrade. Upload any of your ID(voters card, national ID, driving license or international passport). The voters card, national ID and driving license must be the plastic ones.

      Delete
  18. can any bank trace my transactions on luno

    ReplyDelete
    Replies
    1. Banks can't trace your transactions on Luno but,if they suspect fraud, yes, Luno can submit to them your transactions details if court ask them to.
      Moreover, even in Blockchain, all transactions are traceable through the transaction hash though,it may never be link to any individual.

      Delete
  19. Please sir can I use bvn to upgrade to level 2?

    ReplyDelete
    Replies
    1. No. The documents required are any of these: PVC, National ID Card, Driving license or international passport.

      Delete
  20. Please I didn't see first bank in the banks options and I want to deposit in my wallet.

    ReplyDelete
    Replies
    1. Use payU to deposit with your MasterCard or VISA.

      Delete
    2. What about using payU to deposite with verve? Sir

      Delete
    3. Please sir, what if you don't have a MasterCard or Visa, can Verve still be used?

      Delete
  21. Pls can I send money from my luno wallet to another luno account

    ReplyDelete
    Replies
    1. Yes you can. Use email address or phone number ( instead of wallet address) of the receiver to avoid transaction fee.

      Delete
  22. Hello am in level 2 and I have acced my 500 thousand naira Limit for last month (February) can I trade another 500 thousand this month ( March )

    ReplyDelete
    Replies
    1. Yes you can if it's been up to a month you deposited/withdrew accumulated amount of ₦500k

      Delete
  23. I made a transfer yesterday Friday, but my account was not credited, will it reflect on my bank account tomorrow Saturday

    ReplyDelete
    Replies
    1. If you made the request in the afternoon yesterday, the payment will be processed on Monday. Luno don't work on weekends.

      Delete
  24. At level 1 can I still receive btc to my wallet after withdrawing 200k

    ReplyDelete
  25. Hi Admin, someone sent me a BTC worth over 200000. I am currently in level one. Hope it will reflect in my wallet?

    ReplyDelete
    Replies
    1. Yes, it will reflect. But if you had done transaction before, you won't be able to withdraw it till you upgrade to the "next level"

      Delete
  26. After I made a withdrawal to receive next day, I haven't been credit, they said I have to wait for another two days
    .please what's with my transaction

    ReplyDelete
    Replies
    1. Please note that Luno does not process withdrawal transactions on weekends, holidays and after the 4pm on a working day. All transactions done during these periods and sometimes from 3pm will be processed on the next working day. So, I will advise that you always request for withdrawal in the morning of a working day. The best time to do so is before 8am.

      Delete
  27. I wanted asking aome questions but seeing some here i have got my answers
    Nice blog!

    ReplyDelete
  28. Please, how do I know when to sell and how to sell?

    ReplyDelete
  29. I love the contents on this blog bro. Keep it up

    ReplyDelete
  30. Luno did credit me my money and I needs it urgently on Saturday
    What can I do??

    ReplyDelete
    Replies
    1. Your transaction will be processed on Monday. Luno do not work on weekends and on public holidays.

      Delete
  31. How much do luno charge on withdrawing directly to my bank for every transactions?

    ReplyDelete
  32. Please what is the minimum withdrawal amount on LUNO? I can withdraw 5k?

    ReplyDelete
    Replies
    1. The minimum withdrawal amount is ₦300. So yes, you can withdraw your 5k

      Delete
  33. I am in level 1 can I upgrade to level 3 without level 2?

    ReplyDelete
  34. please i registered my luno account but it requested id card and i just want to start with level 1 what should i do

    ReplyDelete
    Replies
    1. You don't need to upload ID on level one. Just go ahead and do your transactions. But, you will need to upload ID for level 2 and to transaction above ₦200k

      Delete
  35. Please if I withdraw from my luno wallet to my bank account before 8am (working days) will I still receive the money that same day

    ReplyDelete
    Replies
    1. Yes. Usually before 2pm same day and, most often than not, it depends on your bank.

      Delete
  36. Good day. Pls if i created new wallet address to received BTC last month,would i need to create another new wallet address to receive BTC this month?

    ReplyDelete
    Replies
    1. No, you don't need to create a new wallet address please. You can make use of that particular one forever, even in your next life time (that's, if you decides to reincarnate 😀).

      Delete
  37. Can I withdraw or deposit without Verifying with id card

    ReplyDelete
    Replies
    1. Yes. You will be in level one and the limit is ₦200k in total transactions

      Delete
  38. Please I am in level 1, can I receive more than N200k into my wallet?

    ReplyDelete
    Replies
    1. Yes you can. But you won't be able to access all till you upgrade to level 2

      Delete
  39. please sir, can i use verve to deposit on luno if i don't have visa or master card

    ReplyDelete
  40. Wow! I really love the explanation here. You have said it all. God bless you ��

    ReplyDelete
  41. Please luno does not verify my account with nimc slip in Nigeria which is equivalent to Nigeria national I'd card and other people accounts are verified with the nimc slip in Nigeria... What can I do

    ReplyDelete
    Replies
    1. Luno only accept the original/plastic ID card not the paper slip. If you have driving license or PVC, you can use it.

      Delete
  42. must the name i use to open my acc be dsame with the one on the pvc?

    ReplyDelete
  43. Good day. God bless Nigeria and us. I am still in level 1, never done any transation on my luno account but i have 0.10000000btc in my luno account, so can i send all the 0,1btc to another luno wallet by email or phone number?

    ReplyDelete
    Replies
    1. Yes, you can if you intend to send it to another luno account, you can use email address or phone number that is linked to the account of the receiver as the receiving address. If the account you want to send it to is not a Luno account, use btc wallet address.

      Delete
  44. Good day please I lost my ID & I can't verify my luno account but can I still receive BTC from another wallet or can I still do Transactions

    ReplyDelete
  45. Hello Sir
    Pls how do I send btc to my Forex platform
    Thank you.

    ReplyDelete
    Replies
    1. Copy the wallet address from the forex platform, login to Luno, go to btc wallet and click on send. Paste the address and complete the procedure

      Delete
  46. Good day admin I just registered on luno today, so I wanted to ask if I need to first deposit and what is the lowest amount I can deposit on my wallet before I can start doing anything. I'm a novice pls I need your help to know how to further since I just registered. Thanks.

    ReplyDelete
    Replies
    1. Yes, you need to deposit first. The minimum deposit amount is ₦300. If you intend trading, I will suggest you deposit up to ₦5k

      Delete
  47. How can one upgrade and what's the condition for upgrading one's account?

    ReplyDelete
    Replies
    1. You upgrade with any of the following ID: international passport, national ID or driving license. Only the original/permanent copy is accepted.
      Go to settings and click upgrade.

      Delete
  48. Please sir, am using luno but I don't have mastercard, can I use my sister card to deposit

    ReplyDelete
    Replies
    1. It can work but, it's not advisable. You can use paystack option if you have verve card

      Delete
  49. How can I exceed 10million monthly limit,I wanna know because I wanna put 15nillion in my wallet

    ReplyDelete
    Replies
    1. You can't deposit ₦15m at once. You can only add ₦10m per month. This will apply only if you are on level 3.
      On level 3, you are entitled to a deposit limit of ₦10m per month and also a withdrawal limit of ₦10m per month. After each month, the limit resets to 0.

      Delete
  50. Please admin, I upgraded my luno app and since I've exceeded withdrawal limits of first stage, I cant find where to upload my documents to continue withdrawal...and I need to make withdrawal today.. thanks

    ReplyDelete
    Replies
    1. You can locate it on settings. If you have upgraded to the latest version of the app, click on profile, scroll down to see settings

      Delete
  51. What is the lowest I can withdraw to my bank account

    ReplyDelete
  52. Good day admin am in level 2 now can i make payment up to 1million naira even after exceeding the level2 limit?

    ReplyDelete
  53. What is the least amount I can deposit in luno account sir

    ReplyDelete
  54. How much NGN I suppose to get before buying btc?

    ReplyDelete
  55. Hello sir. If i withdraw the limit of 500k on the 25th of this month, can I make another withdrawal on the 3rd of the next month?

    ReplyDelete
  56. Can i make withdrawal of #30m from my luno account

    ReplyDelete
  57. Please I only have my NIN slip as a form of identification after trying to get the permanent and was told its not ready. Please I have tried to upgrade to level 2 but wasn't accepted by luno, please how can you help with this

    ReplyDelete
    Replies
    1. You can make use of the old National ID Card if you have it. Alternatively, you can use driving license or international passport.

      Delete
  58. Please Sir what's daily withdrawal limit in Nigeria with luno ?
    I have verified all the levels
    How much I store and withdraw daily?

    ReplyDelete
    Replies
    1. There is no daily withdrawal limit. The limit is on monthly basis

      Delete
  59. Hello sir, is it allowed to continue with my luno account outside of Nigeria. Places like Italy, Dubai, USA etc.

    ReplyDelete
  60. Good day Admin , if I want someone to buy bitcion from abroad into my luno account what details do I give? How much is the highest amount that can be deposited in your luno account ?

    ReplyDelete
    Replies
    1. You have to give the person your Luno wallet address so that the person can send Bitcoin to your Luno account.
      You can send any amount of Bitcoin to your wallet. The restriction is on withdrawing and depositing money not receiving Bitcoin.

      Delete
  61. Hello Admin, pls how do I identify these foreign scammers? Pls help

    ReplyDelete
    Replies
    1. They will promise to mine Bitcoin for you and asked if you have a blockchain wallet.
      They will ask to create a blockchain wallet for you, and tell you to change the password, then deposit money into it. If you do that, they will use the account private key to withdraw all your Bitcoin.

      Don't believe any mining site that promise fast and huge return. Real one can only pay you about 1.2% daily or less.

      Any Bitcoin doubling platform is scam.

      Free Bitcoin mining is scam. Don't send money to any of them to claim any Bitcoin mined.

      Any quick and huge Bitcoin promise, Ponzi, are usually scam.

      Delete
  62. Good morning Admin please what types of documents can you use to upgrade to level 3 ,

    ReplyDelete
  63. Hello Admin. Good day. I'm already in level 3 and I have exceeded my monthly limit. My account is blocked. I wrote an email to them luno. They said I need to provide additional documents before I can get to level 4. Please use there really level 4 in luno. Because I've some money inside the wallet stuck inside

    ReplyDelete
    Replies
    1. Please note there Luno verification level ends at level 3 which has a limit of N10m withdrawal and N10m deposit monthly

      Delete
  64. So it simply means there is nothing I can do about my account being blocked. They have not responded to my email.

    ReplyDelete
    Replies
    1. They will respond and tell you the steps to follow for your account to be unlocked

      Delete
  65. What is the monthly limits for doc verification in level 3? I have a 27 pages bank statement with me and it comes in A4 paper what part do I upload for verification, is it the part with the Bank Stamp and signature ? Its really difficult to upload all

    ReplyDelete
    Replies
    1. Ask your bank to forward the bank statement to your email address. Then you download and send it to Luno. The statement must bear your name, and address

      Delete
  66. Great Article! I feel very thankful after reading this post.

    ReplyDelete
  67. Does bitcoin value fluctuate when kept in a luno wallet?.

    ReplyDelete
    Replies
    1. The quantity of Bitcoin you have stays constant. The value fluctuates in response to Bitcoin price.

      Delete
  68. Hello good afternoon pls can I upgrade my lung account to stage 2 using my plastic voters card?

    ReplyDelete
    Replies
    1. No. Voter's card is not accepted. Only original copies of national ID card, driving licence and international passport are accepted

      Delete
  69. Hello why can my Luno account been blocked?

    ReplyDelete
    Replies
    1. There could be several reasons for it. Several successive unsuccessful login attempts, login from a different and unrecognized device, login from a new country, unmatched details when cross check with that on your BVN, illegal transaction report, etc

      Delete
  70. How long does it takes to receive bitcoin sent in my wallet?

    ReplyDelete
    Replies
    1. It could be few minutes or hours or days. It depends on the transaction fee you set. The higher the fee, the faster miners can process the payment.

      Delete
  71. can I receive bitcoin straight to my wallet from any of my QR scan or address I created in my Luno account?

    ReplyDelete
  72. Admin, please I requested for withdrawal from my Lino account on Saturday Afternoon, please when will I be credited

    ReplyDelete
    Replies
    1. Luno don't work on weekends. You will be credited the next working day

      Delete
  73. Please I uploaded my Plastic Voter's Card for verification, I got a mail from them that they don't accept Voter's Card that I should use National ID card and it should be plastic
    What do I do please?

    ReplyDelete
    Replies
    1. They accept national ID card, driving licence or international passport.

      Delete
  74. Please can I disable my 2fa authentication with a temp national ID card/NIN slip...please

    ReplyDelete
  75. I tried using my voters card for the level 2 verification but it didn't work, they said they don't accept it

    ReplyDelete
    Replies
    1. It's not accepted. You need national ID card, driving licence or international passport.

      Delete
  76. I’m in Level 1 and about to exceed my 200k limit but for now, l don’t have the necessary document for level 2 verification and l have over 0.2 btc in my wallet. The question l want to ask is that, can l send that btc out to another wallet outside of luno?? Or l can’t send out the btc till l verify for level 2??

    ReplyDelete
    Replies
    1. As long as your account has not been suspended, you can use the send button

      Delete
    2. This is very helpful, thank you so much

      Delete
  77. I was surfing the Internet for information and came across your blog. I am impressed by the information you have on this blog. It shows how well you understand this subject. buy usdt

    ReplyDelete
  78. I tried depositing into my wallet (NGN) and it asked for my bvn
    And the bvn is very important, is it still safe to fill it in when depositing as a first timer

    ReplyDelete
  79. Please sir is it compulsory to fill in your I'd address, drivers license, voters ID and passport before one can withdraw money from my Luno, because I don't have any of them yet?

    ReplyDelete
    Replies
    1. Yes, you need to provide one. Voter's card is no longer acceptable anyway

      Delete
  80. What happens if i gain above 200k as a level 1 account?. Can i continue buying and selling?

    ReplyDelete
    Replies
    1. No you can't till you upgrade but you can be receiving Bitcoin when it is transferred to your wallet

      Delete
  81. I don't have originals of any of the required document to upgrade to level2 and my money is stucked there😥
    Any suggestion on what to do??
    Thanks while I wait for reply

    ReplyDelete
  82. Please for christ sake, how much is the limit someone can withdraw as a level one

    ReplyDelete
    Replies
    1. Your limit in level 1 is ₦200k. Your total withdrawals will not be more than ₦200,000 while on level 1

      Delete
  83. Can Luno help ask me to send them my btc so that they can fix some problem

    ReplyDelete
    Replies
    1. You must have contacted fraudsters not Luno help desk. Luno won't ask you for Bitcoin or your login details before assisting in resolving an issue.

      Delete
  84. Hey... During my luno account creation, l was not asked to provide my bank details. So, how do l go about it?
    And again, l want to upgrade my luno account from level one to level three. I have tried all possible means but to no avail. What can l do? Thanks

    ReplyDelete
    Replies
    1. When you are requesting for withdrawal, you will enter and save your bank details. You upgrade to level 2 first with the required document.

      Delete
  85. Hello... I'm on level 1,i want to know if I'll still be able to send and receive btc/eth(not buying/selling/withdrawing) to other addresses after exceeding the 200k limit..

    ReplyDelete
  86. Please how do i see the address of my Luno wallet to receive Bitcoin from other people

    ReplyDelete
    Replies
    1. You click on wallets,
      then BTC wallet,
      Click on Receive
      You will be asked to give a label to your add5, just use any name and then proceed. You will then see your wallet address. You can copy

      Delete
  87. Please how do i get the Luno wallet to receive money from?

    ReplyDelete
    Replies
    1. You click on wallets,
      then BTC wallet,
      Click on Receive
      You will be asked to give a label to your add5, just use any name and then proceed. You will then see your wallet address. You can copy

      Delete
  88. Am unable to see level 3 in my luno setting , no option to upgrade to level 3, tho i just upgraded my luno app on playstore

    ReplyDelete
    Replies
    1. When you are nearing your level 2 limit, option to upgrade to level 3 will be enabled

      Delete
  89. Please I was told that I exceeded limit for level one does it mean I can trasact again next month since have exceeded limit.my I'd was not accepted again I want to ask what do you guys mean by electronic identity (master card-intergrated e id)

    ReplyDelete
    Replies
    1. No. You will not be able to transact on Luno till you upgrade to level 2.
      The identity you need to upload has to be the original permanent ID, not the temporary or slip ID.
      Electronic ID are digital solution for proof of identity of citizens or organizations, for example in view to access benefits or services provided by government authorities, banks or other companies, for mobile payments, etc. Example is the new Nigerian National ID card

      Delete
  90. Please what is the minimum bitcoin i should have in my luno bitcoin wallet before I can send it to another wallet

    ReplyDelete
  91. Am trying to send 5000 naira to my naira wallet but it's not going

    ReplyDelete
    Replies
    1. If you are depositing, try using a deposit method that work best with the type of debit card you have.

      Delete
  92. Please am trying to withdraw my bitcoin(0.00035865) to my naira acc but it's says it's lower than the minimum.

    ReplyDelete
    Replies
    1. Yes, the amount is lower than the minimum which is 0.0005btc. You can chat me up on whatsapp for assistance.

      Delete
  93. I have BTC to sell dm if you're interested

    ReplyDelete

Thank you for your comment