How To Withdraw Your Bitcoin Direct Into Your Nigerian Local Bank Account Without Going Through Exchangers
I'm satisfied to instruct this to numerous individuals that think that its hard to pull back their hard acquire bitcoin to their neighborhood financial balance straightforwardly without experiencing any exchanger like moment gold, naira4dollar, and so forth.
Give me a chance to keep it basic, I find LUNO(formally BitX) bitcoin wallet as my most loved wallet for my withdrawal since it is protected and is straightforwardly associated with my Nigerian bank. Additionally all bitcoin is appeared in naira equality rather than the ordinary USD others have.
"Simply send all your bitcoin from other wallets to LUNO and press a button to withdraw to your bank, withdrawal request is process within 6hous.
Also you can deposit money from the same bank or any bank account using your ATM card to LUNO wallet instantly on there website.
When registering on LUNO, ensure that you use your real name as it appears on the bank account you with to link to LUNO.
To withdraw Bitcoin into you bank account, go to the home screen, click on "More" under you BTC balance.
You will see options. Click on "Instant Sell". Enter the amount you want to sell in Naira or in BTC, confirm the amount and proceed.
The money will instantly be in your Naira- NGN wallet on LUNO. Go to menu, click on wallets to see your NGN wallet. On the NGN wallet, click on " Withdraw " to transfer the money into your local bank account. Enter amount you wish to withdraw and proceed.
Also to fund you account, on the NGN wallet, click on "Fund", then click on PayU and proceed to deposit with your ATM card.
To deposit or withdraw from LUNO, you must first verify your LUNO Account using anyone of these: National ID card, Voters card, Driving license or International passport.
If you try depositing money on LUNO without first verifying your account, your money might never reflect on your LUNO Wallet.
LUNO is 100% safe and registered with Nigeria financial institutions. They have accounts with several banks, and they are multinational financial company.
They have there application on Play Store and Apple Store, but I prefers the Website version because of its features and easier navigation.
It is free to Sign Up and Get LUNO Wallet Account.
Things you can do on LUNO:
- Fund your wallet direct from your bank account.
- Withdraw into your back account.
- Buy Bitcoin.
- Sell Bitcoin.
- Transfer Bitcoin to another wallet address free.
- Trade Bitcoin ( Exchange with other traders)
All withdrawals on LUNO attract a processing fee of 100 naira only. Maximum withdrawal/ deposit on LUNO is N200,000 (all time), for first level verified users, for second level verified users, the maximum is N500,000 monthly.
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Note: I do not work with LUNO neither did I received money from them to promote their business. I am doing this to help people fund the Bitcoin wallet easily without spending on exchangers and also not to fall victims to fraudsters. I have been using LUNO for a very long time and they are reliable".
Ref: http://dillionworldblog.blogspot.com.ng/2017/04/how-to-withdraw-your-bitcoin-direct.html
While we step two steps back in Nigeria things are headed two steps ahead 🚀
Great
Nice post brother