How To Receive Bitcoins Into Your Luno Account Wallet In Nigeria

How To Receive Bitcoins Into Your Luno Account Wallet In Nigeria | Create Bitcoin Address And Receive Bitcoins To Your Luno BTC Wallet

In my previous post, I talked about how to create your Luno account wallet in Nigeria, and how to set up your Luno personal profile.

I believe one of the reasons why you created a Luno account in Nigeria, is to be able to receive and make payments.

You are about to learn how to receive bitcoins into your Luno account wallet in this post.

Recall that in my earlier post, I mentioned that you could make 4% interest per annum on your bitcoin investment on Luno, and that you'll need to create a Luno Savings Wallet in order to invest your money in bitcoin on Luno.

To receive bitcoins on Luno, you'll first have to create a bitcoin address. Bitcoin adresses do not get assigned to you automatically when you create account on Luno. You need to create at least one in order to be able to receive payments into your Luno account wallet.

To create a bitcoin address, first login to your Luno account. Check your email and enter the verification code sent to your email into the space provided on the Luno website.

Now that you've logged in successfully, let's head on to create a bitcoin address.

While in the dashboard, click Wallet. It's located center of the navigation towards the right of your screen if you are on desktop. If you are on mobile, the navigation links are located at the bottom of your screen, and the Wallet hyperlink is located at the center.

The Wallet link position on desktop

Now click the Receive link

Receive button. Click the receive button.

On clicking the receive button/link, you will see a pop up that will enable you to set up a bitcoin address for your wallet.

You'll be prompted to select an account. If you have more than one type of wallet in your account, you'll see them all displayed for selection.

Click "Bitcoin".

You'll be prompted to "choose a receive address" on the next screen.

While on the screen, click "Creat a new address".

Click "create a new address"

Set a name for your bitcoin address for identification purpose, then click "Create".

Set a name for your new bitcoin address

Select a currency. Choose BTC. You could also enter an amount in the space provided. Now your bitcoin address has been created. You can only receive bitcoins to a bitcoin wallet. 

To receive money into the wallet, copy the bitcoin address and use it where you need people to send you bitcoin.

You could also use the barcode to receive payments. When people scan the barcode, they will be able to pay you in your specified currency and the amount you specified while creating the bitcoin address.

Hope this post was useful? 

Do you encounter any challenge following this guide? Let me hear your thoughts in the comment box.