Two ways to turn crypto or gift cards into naira. Here is what each one states, the differences that matter, and who each suits.
Luno's column is what its own site says, checked 24 September 2026. Yesa's column is what Yesa publishes.
| 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. |
Luno: you trade actively and want an order book, and payout speed is not your priority.
Yesa: you want naira in your bank in seconds at a figure you saw first, with zero sell fees.
Android or iPhone. Your naira balance, deposit addresses and gift-card screen are ready as soon as you are in.
Pick the coin or the card. The naira figure is on screen before you send anything.
Sell at the figure shown and withdraw to any Nigerian bank. Or keep the naira and buy crypto, airtime or bills from the same balance.
It depends on what you value. The differences are laid out above, each with the Yesa side beside it. Yesa is built around the rate on screen first, zero sell fees, and buying and selling in one app. Pick by the one thing that matters most to you.
Yesa charges zero sell fees on crypto and gift cards. Luno: 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.
Yesa publishes a measured median of 4.7 seconds across 1,700 bank payouts, historical rather than guaranteed. Luno: A naira withdrawal generally takes 6 to 12 hours to reach your bank, per its help centre.
Yes. Nothing stops you holding both apps and choosing per transaction. Many people check the naira figure in two apps before a large sale.
Yes. Buying, holding and selling cryptocurrency is legal for individuals in Nigeria. Digital assets are recognised under the Investments and Securities Act 2025, and the Securities and Exchange Commission regulates digital asset services. Crypto is not legal tender, and profits from trading may be taxable, so keep your own records of what you buy and sell. This is general information rather than legal or tax advice; the Securities and Exchange Commission and the Central Bank of Nigeria publish the current position.
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.