How To Create Luno Wallet Account In Nigeria

How To Create (Open) Luno Wallet Account In Nigeria

Luno is a bitcoin wallet used for making bitcoin transactions online. Luno helps people to make send and bitcoins, and receive/convert their bitcoins to real cash, which could be withdrawn from their bank accounts.

One of the reasons why you would need luno or be searching for how to create Luno account wallet in Nigeria, is because you want to receive and/or make online payments, transact bitcoins, or convert your bitcoins to cash.

Despite the reason, you'll learn in this post how to easily create a Wallet account here in Nigeria.

To begin the account creation process, head on to Luno Website here.

From here, you will be able to create your Luno wallet account.

On the website, click "Sign Up" on the top right corner. You could sign up with your email address and password, or sign up with Google, Facebook, or Apple ID.

Select the method you prefer to use to sign up.

At this point, Luno will ask you to input your mobile number. The website will automatically detect that you are from Nigeria. Input your Nigerian mobile number. Luno automatically prefills the country code for you.

After you submit your mobile (phone) number, an activation code will be sent to your phone.

You are required to enter this activation code back into the space provided for it on the website.

After entering the correct four digit activation code, Luno will automatically verify it and take you to the next step.

You can only use a number once to register on the platform, hence Luno automatically detects if your imputed number has been registered on the platform and alerts you as such.

Click "Set Up Profile" to begin setting up your profile.

At this juncture, you'd need to input some personal information to allow Luno to "know you well" in order to set up your profile.

Enter your First Name and Middle Name in the space provided.

Enter your Last Name in the space provided.

Enter your Date of Birth, Citizenship, and National Identity Number (NIN) in the spaces provided.

Click "Next".

Setting up your profile on Luno

Make sure the information you entered is correct as you cannot edit the info letter. On clicking the "Next" button, Luno prompts you to confirm if you have indeed entered the right information before submission. If you've entered the correct info, click Confirm otherwise, click Edit Info then enter the correct information, click "Next", then "Confirm".

As a security measure, each time you attempt logging in to your account, Luno will send a verification code to your email to help confirm your identity and to make sure it's really you trying to sign in to your account.

Congrats! You've successfully set up your profile on Luno. On the next page, you can buy bitcoin if you want, or just skip that for now.

Luno profile setup success message

How to Add Wallet To Your Luno Account

You wallet is like a virtual purse. When you sign up on Luno, Luno automatically creates two default wallets for your account, one in your local currency (in this case, Naira), and the second one in bitcoin.

You can also create any cryptocurrency wallet for your account. These wallets allow you to earn certain percentage of interest per annum depending on the type of crypto-wallet. At the time of writing this post, Luno allows you to earn an interest of 4% per annum on your bitcoin wallet. This interest rate is also applicable to ETH Savings Wallet, while USCD Savings Wallet earns you 7.9% interest per annum.

To create or add a new wallet to your account, click the Wallet tab, then click the type of cryptocurrency wallet you wish to add to your account.

Adding a wallet on Luno

That's simple right? Yes it is. So that's how to create or open a Luno Wallet Account in Nigeria.