As a result, Nigerian users of the Luno platform can now buy Ethereum directly from their Naira deposits. Previously, it was only possible to buy Ethereum (ETH) through Bitcoin (BTC) or Naira through the instant-buy option.
The South African founded cryptocurrency exchange continues to expand its offering. Luno currently operates a trading platform, wallet, and business solution.
This addition will boost the already vibrant Nigerian cryptocurrency trading scene that has seen a lot of developments in the past few days. Luno’s addition of an ETH/NGN pair comes immediately after Binace enabled Naira deposits on its exchange platform.
Wondering if Luno is a great exchange for African cryptocurrency traders? Read our review on Luno Exchange.