Connect with us
Advertise With Us


Luno Hits 2m Users, Sales Cryptocurrencies In Naira



Luno, a leading global cryptocurrency company with presence in Nigeria has announced its two millionth customer today just as its customers in Nigeria can buy and sell cryptocurrencies using the local currency. Luno makes it safe and easy to buy, store and learn about cryptocurrencies like Bitcoin and Ethereum. The company is committed to demystifying cryptocurrencies by educating their customers on the risks and benefits associated with this exciting new technology. With a team of 250 plus spread across three main hubs: Singapore, Cape Town and London, Luno now empowers over two million customers in more than 40 countries worldwide. Luno has a very strong presence in Nigeria where it provides customers with services in Bitcoin and Ethereum.

In the last month alone, more than $302 billion worth of cryptocurrency trades have been completed globally, demonstrating the soaring appetite for the cryptocurrency industry across the world. Bitcoin, the first and most popular cryptocurrency, now exceeds the $125 billion total market cap. Marcus Swanepoel, Co-founder and CEO of Luno, said, “Reaching the two million customers is a significant achievement. We strongly believe that by making Bitcoin more accessible through education and by offering a user-friendly, safe platform more and more people across the globe can benefit from of a better financial system.”

He added, “This milestone demonstrates the growing adoption of cryptocurrencies across the globe and reinforces our aim of reimaging a financial system where money is cheaper, faster and safer with open and equal access for everyone.” The Luno currently offers three core products: Luno Wallet: Consumer payments, cryptocurrency conversion and storage; Luno Exchange: Professional cryptocurrency trading platform; Luno Enterprise: Merchant integration, open API’s, institutional investors. Luno was founded by CTO Timothy Stranex, a former Google software engineer and CEO Marcus Swanepoel, a former Morgan Stanley banker.

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from LEADERSHIP Nigeria Newspapers. Contact: [email protected]

Which party would you vote for President in the 2019 general election?

View Results

Loading ... Loading ...


Sign up for our newsletter



Pin It on Pinterest

Share This

Share this post with your friends!