I had the opportunity to use a payment voucher in #Luno Exchange and it was it was an amazing experience. At first, it looks as if it was something new, not until when I made a little research that I discovered it has been around for quite some time. Luno is a global cryptocurrency exchange with over 2 million customers and does it's transactions in over 40 countries with over 250 workers, there headquarters is in London. Luna is registered in #Nigeria as #Luno fintech company and was established in 2013. #Luno exchange have been around for some time, and it was amongst the first exchange I used for cryptocurrencies transactions. I had an account with #Luno since 2016 when I made my first deposit on BTC/NGN currency pair and ETH/NGN currency pair, that was when Bitcoin I still less than $1000 then I didn't know much about cryptocurrency and had to place a trade even when was at a loss. I didn't know was bid price, ask price, spread and other trading terms was at that time
Since the Blockchain technology at that time was new to me at that time, it was not easy to get an exchange that you can easily get or withdraw money from based on cryptocurrency acceptance by commercial banks at that time. I remembered that I was told to make use of #Luno. I used #Luno to place the trade, i think it's Ethereum and at the end of the day I got about 6% profit and I had to pull to my bank account immediately to test if the system works and to my surprise it worked perfectly so many withdrawal processes has been used over the year in Nigeria to fund or withdraw assets or coins on the exchange of which, various regulations and policies have greatly influence their usage, effectiveness and efficiency in #Nigeria. Today, #Luno makes use of #Afrivoucher, #Afrivoucher is a product of our Afriticket an online event and ticketing platform established in 2011. The company is located in #Nigeria and developed the #Afrivoucher as a payment gateway processor to help make payments for it's online events. The payment system was effective and so reliable and that was the reason #Luno exchange adopted it as a preferred means of payment in Nigeria. Afrivoucher makes use of flutterwave for it's online process payment gateway.
#Afrivoucher system that was developed to handle payment processes by generating a voucher for that particular trade transaction or online events. I used #Zenith bank Nigeria and I was told to enter my card details which I did and at the end I was sent a password, a security code that is 8 letters in length,and also the pin use to process the information that will send on the dashboard of my #Luno account and the payment was processed immediately. The experience was seamless, easy and very convenient. I was impressed because this was the first time I was making use of such feature in #Luno.
Today, I had to see how the deposit feature works like, and why #Luno choose to make use of the #Afrivouchers to make deposits on there #Exchange. After I make the request to deposit money from my bank account, I was given a page where are entered by card details and the transaction was processed. I was taken to the payment platform of my bank and a message was sent to my phone number and email address respectively. It was the same process like the withdrawal but more faster and effective,I received the message on both my phone and my email address and entered the password, a security code that was generated by the transaction and also a pin. Immediately I entered the details I was redirected to the #Luna exchange portal where the transaction was confirmed within seconds and my deposit was successfully made. I checked my Naira wallet and I saw the deposited amount.
Cryptocurrencies has revolutionized the how we process payments and #Luna exchange is at the frontier of such landmark revolution. The exchange has developed a system that can effectively, easily and effectively make payments to your bank accounts. I look forward to see what the future holds as regards voucher payment system and #luno exchange cryptocurrency trading experience.
