Luno is a mobile application that allows users to purchase and sell Ethereum and Bitcoin, through their iOS or Android devices. Moreover, it stores your purchases in a wallet, the application also helps you learn about cryptocurrencies.
Cryptocurrency adoption and peer-to-peer Bitcoin transactions are on the rise across the African continent. There have been significant advances across Africa for crypto adoption in terms of regulation, trade volume and reported cryptocurrency ownership.
This newly found interest also explains the recent increase in the number of exchange platforms that have been springing up to meet this growing demand for liquidity within this space. Some platforms where Nigerians can receive funds in dollars or Bitcoin and convert to Naira has been seen as a way out of the too many constraints fiat presents.