Monday, June 25, 2018
How To Withdraw Your Bitcoin Direct Into Your Nigerian Local Bank Account Without Going Through Exchangers
How To Withdraw Your Bitcoin Direct Into Your Nigerian Local Bank Account Without Going Through Exchangers
Im pleased to teach this to many people that find it difficult to withdraw their hard earn bitcoin to their local bank account directly without going through any exchanger like instant gold, naira4dollar, etc.
Related article: How I Make Money Daily On LUNO Platform
Let me keep it simple, I find LUNO(formally BitX) bitcoin wallet as my favorite wallet for my withdrawal because it is safe and is directly connected to my Nigerian bank. Also all bitcoin is shown in naira equivalence instead of the normal 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.
Related Post: Step by step guide on how to deposit/withdraw money from Luno and how to buy/sell Bitcoin and Ethereum
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.
REGISTER WITH LUNO HERE, ITS FREE
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.
Related Article: How to deposit money from bank account direct to your Nigerian PayPal account.
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:
1. Fund your wallet direct from your bank account.
2. Withdraw into your back account.
3. Buy Bitcoin.
4. Sell Bitcoin.
5. Transfer Bitcoin to another wallet address free.
6. Trade Bitcoin ( Exchange with other traders)
Related article: How I Make Money (Bitcoin) Daily On LUNO
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.
If you experience any difficulty during registration or verification, feel free to contact me for free assistance.
+2348035217265
tochukwudike@gmail.com
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.
Learn more about LUNO and GET YOUR LUNO WALLET ACCOUNT FREE HERE
