How to Withdraw Money from Luno in Nigeria 2024

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How to Withdraw Money from Luno in Nigeria

Looking for a way to withdraw from your Luno to Bank account in Nigeria? You have come to the right place. In this article, you will learn how to withdraw money from luno in Nigeria with ease.


It is no news that one of the issues faced by Luno users is withdrawing money from their Luno wallets to bank account. The good news is that it is easy and simple to withdraw funds from Luno. You can do this in just a few steps. 


First of all, to withdraw money from Luno to Bank account in Nigeria, it is necessary to verify and add your bank account to your Luno wallet. Here is how to add bank account to your Luno wallet:


  • Log in to your Luno wallet via your email or password
  • Verify your Luno account through the verification process
  • On your dashboard, click on the "Wallet" tab
  • Select the "Withdraw" option to add your bank account details
  • Finally, click on the "Add Account" button to complete the process


After adding your bank account to your Luno wallet, you can now proceed to transfer money from your Luno to Bank account.


How to Withdraw Money from Luno in Nigeria 


Here is how to withdraw from Luno to your bank account in Nigeria:


  • Log in to your Luno account
  • On your dashboard, choose "Wallets" from the menu
  • Choose naira as your local currency and then proceed
  • Select your bank account you wish to withdraw your money to
  • Enter the amount of money you wish to withdraw and continue
  • A screen showing your withdrawal amount and fees will be displayed. Confirm to withdraw
  • Finally, enter your Luno PIN and confirm


After following the instructions above, you should be able to withdraw money from Luno account to your bank account in Nigeria. It is important to note that funds may take hours to several days to reflect in your bank account depending on your bank.


Frequently Asked Questions About Luno 


Here are some of the most asked questions about withdrawing money from Luno to Bank account in Nigeria:


Can I withdraw from my Luno account in Nigeria?


Yes, you can withdraw money from your Luno account in Nigeria. All you have to do is to log in to your Luno wallet, navigate to "Wallets", select Naira as your local currency and follow the remaining instructions to withdraw money from your Luno wallet to your bank account.


How do I receive cryptocurrency to my Luno account?


To receive cryptocurrency to your Luno wallet from another crypto wallet, follow the steps below


  • Log in to your Luno account / app
  • Choose "Wallets" from the Menu
  • Choose "Receive"
  • Select "Create receive address"
  • Select the cryptocurrency you would prefer to create a receive address for
  • Name your receive address and select "Create"
  • Read the disclaimer and choose "Got it"
  • Share your receive address to the person who is sending you the crypto by copying the "copy icon"


How do I withdraw money from Luno to Bank account in Nigeria?


Here is how to withdraw money from Luno to Bank account in Nigeria:


  • Log in to your Luno account
  • On your dashboard, choose "Wallets" from the menu
  • Choose naira as your local currency and then proceed
  • Select your "bank account" you wish to withdraw your money to
  • Enter the amount of money you wish to withdraw and continue
  • A screen showing your withdrawal amount and fees will be displayed. Confirm to withdraw
  • Finally, enter your Luno PIN and confirm


Conclusion


To withdraw money from luno in Nigeria to your bank account, log in to your Luno wallet, navigate to the wallets icon and follow the instructions to cash out your money from Luno wallet. If you have challenges withdrawing money from your Luno wallet, you can drop your question in the comments section or visit Luno customer support for assistance on how to cash out money from Luno.


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