A long-running international exchange with an Instant Sell option, a USDT/NGN order book and, more recently, tokenised stocks. This review sets out what Luno says about itself, what we could and could not find, and where it differs from Yesa, so you can pick the one that fits how you cash out.
Facts as Luno publishes them, checked 24 September 2026.
| Luno (per its site) | Yesa | |
|---|---|---|
| What it is | A long-running international exchange with an Instant Sell option, a USDT/NGN order book and, more recently, tokenised stocks | Sell or buy crypto and sell gift cards for naira, with bills and airtime from the same balance |
| Sell crypto for naira | Yes: Instant Sell, or the USDT/NGN order book | Yes, at the rate on screen before you send |
| Buy crypto with naira | Yes: it is a full exchange | Yes, ten coins, from a Yesa balance or by bank transfer |
| Swap between coins | Yes, between listed assets | Yes |
| Gift cards | Not published on its site | Yes, sold for naira |
| Bills and airtime | Not published on its site | Airtime, data, TV and electricity |
| Fee on a sale | Instant Sell at a published 2%; an order-book taker fee that falls to 0.10% at its highest volume tier; its pages quote more than one figure for the naira withdrawal fee, so confirm in the app | Zero sell fees on crypto and gift cards |
| Rate shown before you commit | Instant Sell at the quote shown; order book at market | On screen before you send or confirm |
| Payout to a Nigerian bank | A naira withdrawal generally takes 6 to 12 hours to reach your bank, per its help centre | Median 4.7 seconds across 1,700 measured payouts; historical, not a guarantee |
| Markets | Several countries including Nigeria, per its site | Nigeria |
| Apps | iOS, Android and web | Android and iPhone |
| Store listing | Google Play rating 3.9 | Google Play 4.7 from 64 reviews |
What Luno offers, as it describes it, beside how Yesa handles the same thing.
| Luno (per its site) | Yesa | |
|---|---|---|
| 1 | Order-book pricing with a taker fee that falls to 0.10% at its highest volume tier, or Instant Sell at a published 2%. | One figure, on screen before you send, with zero sell fees. |
| 2 | A naira withdrawal generally takes 6 to 12 hours, per its help centre. | Median bank payout of 4.7 seconds across 1,700 measured payouts. |
| 3 | Several countries, and tokenised US stocks alongside crypto, per its site. | Nigeria only, built around naira: crypto both ways, gift cards, airtime and bills. |
None of this makes Luno a bad choice. It means the answer depends on what you are cashing out and how you want to be paid.
You see the naira figure before you send crypto or upload a card, and the sale settles at that figure.
On crypto and on gift cards, the amount on your screen is the amount that lands in your naira balance.
Sell crypto for naira, or buy ten coins with naira from your balance or by bank transfer, in one app.
Gift cards, airtime, data, TV and electricity from the same naira balance, and withdrawals to any Nigerian bank, with a measured median payout of 4.7 seconds across 1,700 payouts.
Luno suits you if you trade actively and want an order book, and payout speed is not your priority.
Yesa suits you if you want naira in your bank in seconds at a figure you saw first, with zero sell fees.
The full side-by-side is on Yesa vs Luno, and every platform we have reviewed is listed on Yesa compared.
Luno is an operating platform with a live app and website; our facts about it come from those. What we could not find on its site is marked as not published. Nigeria's Securities and Exchange Commission regulates digital asset services under the Investments and Securities Act 2025. Any platform's current standing is best checked on the SEC's own website, not on a competitor's page, including this one.
Instant Sell at a published 2%; an order-book taker fee that falls to 0.10% at its highest volume tier; its pages quote more than one figure for the naira withdrawal fee, so confirm in the app.
Yes: it is a full exchange.
A naira withdrawal generally takes 6 to 12 hours to reach your bank, per its help centre.
If you want the rate on screen before you send, zero sell fees and both buying and selling in one app, that is what Yesa is built for. Yesa vs Luno lays the two side by side.
The Yesa Team. Details checked 24 September 2026. Yesa publishes this page and benefits if you choose Yesa. Facts about other platforms come from their own websites and store listings on the date shown; we state what each one publishes and say what we could not find. If you spot an error, email support@yesaapp.ng and we will correct it.