Luno Introduces Crypto Staking in Nigeria
IT News Africa | Mamsi Nkosi - Jul 23, 2025
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  • Luno has launched crypto staking in Nigeria, becoming the first operational crypto platform to offer this feature.
  • Nigerian users can earn up to 18% annually on select digital assets directly within the Luno app.
  • The staking feature debuts with four leading proof-of-stake assets: Cosmos (ATOM), Solana (SOL), Polkadot (DOT), and NEAR Protocol (NEAR).
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The launch of crypto staking by Luno in Nigeria represents a significant advancement in the local crypto market, providing users with a safer and more rewarding investment option. This move could potentially reshape the landscape of digital asset management in Nigeria, encouraging more users to engage with cryptocurrencies in a sustainable manner. However, the long-term success will depend on user education and continued regulatory support.
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