This is a comparative guide on Quidax vs Luno Exchange. Letting you know which of Quidax or Luno is best for trading cryptocurrency in Nigeria.

In this guide, you will know;

1. What Quidax and Luno is about
2. Major differences and similarities between them
3. Coins supported by Quidax and Luno
3. The best one for active cryptocurrency trading in Nigeria.

Are you new to cryptocurrency market and wondering which Exchange will give you the best experience as a Nigerian?

Keep reading to find out.

About Quidax and LUNO

Quidax is one of the top cryptocurrency Exchanges in founded by a Nigerian (Buchi Okoro) to serve Nigerians and other Africa countries. LUNO is also a cryptocurrency exchange that has been in existence since 2013, founded by Marcus Swanepoel and three other people. It is serving the global market and also focus on Africa countries.

These two exchanges simultaneously serves as a cryptocurrency wallet and a trading platform, for beginners. Why do I say beginners?
Keep reading.

Similarities between Quidax and LUNO

Luno and Quidax has a lot in common and what they have in common are;

1. They are both cryptocurrency exchange (where buying and selling of cryptocurrencies take place)
2. They both support Naira Currency (making it convenient for Nigerians)
3. They both can act as wallet (where coins can be kept for a specific period of time
4. They both offer SPOT TRADING (where traders can place their buy and sell orders)
5. They both offer sophisticated security measures
6. Make use of Tradingview for Analysis
7. Both offer withdrawal of funds to local bank accounts

Are there differences between them? Yes, there are some differences you should know.