Luno Bitcoin exchange adds Ethereum trading to its platform


Naspers-backed Luno Bitcoin exchange said it has added Ethereum to its exchange.

The Luno Bitcoin exchange is perhaps the largest in Nigeria with about BTC93 volume traded in 24 hours.

In a blog post, Luno told its over 500,000 traders that:

“Note that you’ll be able to send, receive, buy, sell and store, but not trade ETH on the Luno Exchange (yet). We’ll send an update once it is available.

As we wrote before, we believe that decentralised digital currencies will form the basis of the future of finance. Our mission at Luno is to bring digital currencies to everyone, everywhere. It is our view that we will end up with a multi-digital currency world and Ethereum is a step in that direction”.

Nigeria has not accepted Bitcoin nor Ethereum as a legal tender but Nigerians can easily buy, sell and trade Bitcoin on Luno and other peer-to-peer platforms.