Fees & features

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Features

Country Wallet Exchange Instant Buy/Sell API Payment methods
Nigeria

Send fees

Currency Method Fee
BTC Send to Bitcoin address Dynamic*
BTC Send to email address or mobile number Free
BCH Send to Bitcoin Cash address Dynamic*
ETH Send to Ethereum address Dynamic*
XRP Send to Ripple address 0.03%
LTC Send to Litecoin address Dynamic*
USDC Send to USD Coin address Dynamic*

* The fee varies dynamically depending on the network traffic.

Receive fees

Supported cryptocurrencies

  • Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Litecoin (LTC)
  • USD Coin (USDC)
Currency Method Fee
BTC Receive by Bitcoin address Free*
BTC Receive by email address or mobile number Free
BCH Receive by Bitcoin Cash address Free
ETH Receive by Ethereum address Free
XRP Receive by Ripple address Free
LTC Receive by Litecoin address Free
USDC Receive by USD Coin address Free

* For receive amounts to the value of BTC 0.0001 and lower, Luno charges an equivalent transaction fee.

Withdrawal fees

Currency Method Fee

Deposit fees

Currency Method Fee

Trade fees

Your total 30-day trading volume is calculated each day by summing up all of your trading activity across all markets on the Luno Exchange platform over the last 30 days (converted to your primary currency). You are then assigned a fee tier based on this total 30-day volume according to the table below.

Tier Volume Maker Taker
1
Between
NGN 0.00 - NGN 99,999,999.99
0.00% 0.10%
2
Between
NGN 100,000,000.00 - NGN 199,999,999.99
0.00% 0.09%
3
Between
NGN 200,000,000.00 - NGN 399,999,999.99
0.00% 0.08%
4
Between
NGN 400,000,000.00 - NGN 799,999,999.99
0.00% 0.07%
5
Between
NGN 800,000,000.00 - NGN 1,599,999,999.99
0.00% 0.06%
6
Between
NGN 1,600,000,000.00 - NGN 2,399,999,999.99
0.00% 0.05%
7
Between
NGN 2,400,000,000.00 - NGN 3,199,999,999.99
0.00% 0.04%
8
More than
NGN 3,200,000,000.00
0.00% 0.03%

Instant buy/sell transaction limit

These limits are applied per instant buy/sell transaction. There is no limit on the number of transactions that can be done. These limits do not apply to the exchange.

Crypto/fiat pairs

Market Cryptocurrency Local currency
BCH/NGN BCH 0.002 - BCH 20.00 NGN 300.00 - NGN 3,600,000.00
BTC/NGN BTC 0.0005 - BTC 2.00 NGN 300.00 - NGN 3,600,000.00
ETH/NGN ETH 0.01 - ETH 100.00 NGN 300.00 - NGN 3,600,000.00
LTC/NGN LTC 0.01 - LTC 200.00 NGN 300.00 - NGN 3,600,000.00
USDC/NGN USDC 1.00 - USDC 30,000.00 NGN 300.00 - NGN 3,600,000.00
XRP/NGN XRP 0.10 - XRP 80,000.00 NGN 300.00 - NGN 3,600,000.00

Crypto/crypto pairs

Market Cryptocurrency Counter currency
BCH/BTC BCH 0.002 - BCH 40.00 BTC 0.0005 - BTC 5.00
BCH/ETH BCH 0.002 - BCH 20.00 ETH 0.01 - ETH 100.00
BCH/XRP BCH 0.002 - BCH 20.00 XRP 0.10 - XRP 80,000.00
ETH/BTC ETH 0.01 - ETH 100.00 BTC 0.0005 - BTC 5.00
LTC/BCH LTC 0.01 - LTC 200.00 BCH 0.002 - BCH 20.00
LTC/BTC LTC 0.01 - LTC 200.00 BTC 0.0005 - BTC 5.00
LTC/ETH LTC 0.01 - LTC 200.00 ETH 0.01 - ETH 100.00
LTC/XRP LTC 0.01 - LTC 200.00 XRP 0.10 - XRP 80,000.00
USDC/BCH USDC 1.00 - USDC 30,000.00 BCH 0.002 - BCH 20.00
USDC/BTC USDC 1.00 - USDC 30,000.00 BTC 0.0005 - BTC 5.00
USDC/ETH USDC 1.00 - USDC 30,000.00 ETH 0.01 - ETH 100.00
USDC/LTC USDC 1.00 - USDC 30,000.00 LTC 0.01 - LTC 200.00
USDC/XRP USDC 1.00 - USDC 30,000.00 XRP 0.10 - XRP 80,000.00
XRP/BTC XRP 0.10 - XRP 80,000.00 BTC 0.0005 - BTC 5.00
XRP/ETH XRP 0.10 - XRP 80,000.00 ETH 0.01 - ETH 100.00

Verification levels and limits

Certain limits apply to each verification level. Learn more about how these limits work and how you can upgrade your account.

Level 1 Level 2 Level 3
Deposits over all time
NGN 200,000
Withdrawals over all time
NGN 200,000
Deposits per month
NGN 500,000
Withdrawals per month
NGN 500,000
Limits may apply

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