Luno, a global bitcoin and cryptocurrency exchange company, announced today that it is launching an Ethereum (ETH)-Nigerian Naira (NGN) exchange market.
For users, this means that they can now buy Ethereum using Nigerian Naira on the Luno Exchange. Previously, it was only possible to buy ETH using BTC or NGN through an instant-buy option.
Starting today, ETH/NGN trading will enter into live mode and orders will execute on the exchange.
It is now easier, cheaper and faster to buy and sell Ethereum using Naira. Such users no longer need to convert their Nigerian Naira into Bitcoin (BTC) in order to trade Ethereum (ETH) on the exchange.