What Luno is, in plain words
One of the oldest licensed players in Nigeria with direct naira rails. Simple app, instant rates, and a long safety record.
- Operating in Nigeria for years with a clean record
- Direct naira deposits from your bank
- Instant buy and sell, beginner friendly
- Regulated in multiple countries
How selling USDT for naira works here
Luno quotes you one instant rate and settles straight to your linked bank account. You give up a little of the P2P premium in exchange for speed and simplicity: no haggling, no waiting on a merchant, no release games. For many people that trade is worth it, especially on smaller amounts.
Safety rules that keep your money yours
- Never release USDT before the naira is in your own account. Screenshots are not money.
- Keep every chat inside the Luno app. Anyone pulling you to WhatsApp is setting up a scam.
- Start small with a new merchant, even one with good numbers.
- Third party payments are a red flag: the name on the transfer must match the account trading with you.
Questions people ask
What is the Luno USDT to naira rate right now?
Right now the best selling price on Luno is ₦1,391.5 per USDT and the best buying price is ₦1,393.15. The numbers on this page refresh every minute straight from Luno.
Is Luno good for selling USDT in Nigeria?
One of the oldest licensed players in Nigeria with direct naira rails. Simple app, instant rates, and a long safety record. Compare its live rate against the other exchanges on our homepage before every trade, the best price moves around during the day.
How do I get the best rate on Luno?
Luno quotes one instant rate, so the way to win is timing: check the street premium on our homepage and sell when the gap is wide.