Good news coming from Luno cryptocurrency exchange platform confirms that direct deposit and withdrawal will be available to Nigerians in Nigeria from November 2021.
The message was contained in an email broadcast sent out to it's thousands of subscribers in the country. Luno stated that their subscribers 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.
They believe that this is the safest and easiest-to-use solution currently available to their customers in Nigeria and they look forward to you experiencing it for yourselves. However, they did not state the third-party voucher provider nor clear date when the deposit and withdrawal will commence.
They however warned that the return of Naira deposits and withdrawals may cause significant price volatility, with the release of pent-up customer demand to buy and sell cryptocurrency causing unusual market behaviour that could last for several weeks.
Related post: How To Register And Verify Your Binance Account
Recall that the Federal Government of Nigeria banned cryptocurrency transactions in the country some couple of years back causing Luno and other cryptocurrency exchange platforms to close their Nigerian bank account and suspend deposit and withdrawal by their customers.
This news is a relief to those who still have money trapped in Lino platform.
You may also be interested in Learning " How To Make Millions Creating And Selling NFTs (Non Fungible Tokens)", Click Here to learn more!
No comments:
Post a Comment
Thank you for your comment