Withdrawal / delivery time

[Cryptomiles1]

I have been working fetching out things which is still not clear to me and I would like to know, among these are;
1. How long does luno take to deliver fiat to your local account. This is because I m being weird about their services
2. How much exchange that supports Fiat withdrawal mostly African currencies please if any outline except binance
3. Why are must exchange not accepting drivers license, could it be they are not recognized?
4. Why are they setting up BTC and ETH withdrawal fee high, could it be their target is to accumulate more of those currencies?

Please I need some answers from the experience traders or exchange owner.

[logfiles]

1. How long does luno take to deliver fiat to your local account. This is because I m being weird about their services

I have never used Luno but i think it depends on the service you use and probably the bank. I use binance and localcryptos. Binance is instant while localcryptos depends on how fast my trade partner is but it usually takes a few minutes to have money in my account

2. How much exchange that supports Fiat withdrawal mostly African currencies please if any outline except binance

It would have been easier if you specified which country you are from but your best option right now is p2p marketplaces
Like the ones in this lists
- Help: A list of LocalBitcoin alternatives (P2P marketplaces)
- List of P2P/no-KYC exchanges

3. Why are must exchange not accepting drivers license, could it be they are not recognized?

Use  the exchanges i have suggested above if KYC is a problem to you. National ID or passport is a much better option if you are planning to complete KYC verification

4. Why are they setting up BTC and ETH withdrawal fee high, could it be their target is to accumulate more of those currencies?

That the way most centralized exchanges to it. Most profile from the withdrawal fees and there is nothong we can do about it except abandon them

[Rodeo02]

I have been working fetching out things which is still not clear to me and I would like to know, among these are;
1. How long does luno take to deliver fiat to your local account. This is because I m being weird about their services

I am not a luno users but it's answered here already it's depend on your region complete details Frequently asked questions

3. Why are must exchange not accepting drivers license, could it be they are not recognized?

As my understanding Most of the exchange accepting drivers license for verification no idea what exchange doesn't accept it , but drivers and passport is mostly use to verify their account in exchange.

4. Why are they setting up BTC and ETH withdrawal fee high, could it be their target is to accumulate more of those currencies?

That's how exchange earn and we can't change it .they asked that much so they can continue their service at the same time they need it to pay other expenses of their exchange.

[blockman]

3. Why are must exchange not accepting drivers license, could it be they are not recognized?

Did they say that they don't accept a driver's license? AFAIK, they are accepting it and most of the exchanges are fine accepting each nationalities driver's license. On Luno, they accept some country's driver's license and for some, they don't.
(https://www.luno.com/help/en/articles/11000020055)

[Findingnemo]

I have been working fetching out things which is still not clear to me and I would like to know, among these are;
1. How long does luno take to deliver fiat to your local account. This is because I m being weird about their services
2. How much exchange that supports Fiat withdrawal mostly African currencies please if any outline except binance
3. Why are must exchange not accepting drivers license, could it be they are not recognized?
4. Why are they setting up BTC and ETH withdrawal fee high, could it be their target is to accumulate more of those currencies?

Please I need some answers from the experience traders or exchange owner.

I am using LBC for fiat to crypto conversions so there is mo waiting time and it depends on what kind of payment mode you are dealing with. I don't find any reason why you shouldn't accept driving licence because most exchange are actually accepting it.Fees are increasingly according to the network traffic.

[Kavelj22]

2. How much exchange that supports Fiat withdrawal mostly African currencies please if any outline except binance.

What currencies exactly? Which african urrencies exactly?

Except Binance, did you try crypto.com exchange? I didn't use it before but i found this result and i know that crypto.com is a reputed exchange. They offer withdraw in many local currencies. Maybe one of them can match your need: AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, USD, ZAR

[Christabel247]

1. How long does luno take to deliver fiat to your local account. This is because I m being weird about their services

please don't there, Luno are the useless people i have ever met and they charges higher.
i could remember the last time i used them to make transaction to my local bank it wasted all my time, it spent 24 hrs before it could get my local account.
The very first time i used Binance transact to my local bank it reflect without delay it takes only 3.0minutes to get into my local bank.

so i would suggest you to use Binance.
NGN

[Cryptomiles1]

2. How much exchange that supports Fiat withdrawal mostly African currencies please if any outline except binance.

What currencies exactly? Which african urrencies exactly?

Except Binance, did you try crypto.com exchange? I didn't use it before but i found this result and i know that crypto.com is a reputed exchange. They offer withdraw in many local currencies. Maybe one of them can match your need: AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, USD, ZAR

Okay thanks, but my country is not listed among those you listed above, NGN is my pairs.

1. How long does luno take to deliver fiat to your local account. This is because I m being weird about their services

please don't there, Luno are the useless people i have ever met and they charges higher.
i could remember the last time i used them to make transaction to my local bank it wasted all my time, it spent 24 hrs before it could get my local account.
The very first time i used Binance transact to my local bank it reflect without delay it takes only 3.0minutes to get into my local bank.

so i would suggest you to use Binance.
NGN

okay thanks, i used it before but it was delayed for some days so that was why i raised this thread for me to get any other alternatives to make withdrawal from NGN.
please i would still welcomed new post as i want to know more way to make withdrawal apart from Luno and Binance.

[Cryptomiles1]

3. Why are must exchange not accepting drivers license, could it be they are not recognized?

Did they say that they don't accept a driver's license? AFAIK, they are accepting it and most of the exchanges are fine accepting each nationalities driver's license. On Luno, they accept some country's driver's license and for some, they don't.
(https://www.luno.com/help/en/articles/11000020055)

No sr, not what i mean
i m fully verified on Luno but my problem is the fees, i can't incur such significant charges. is much for me even wen i tried to make deposit they charged me 30 to 40%, i.e deposit and conversion to ethereum, before i knew it i was only left those percentage.

[Cryptomiles1]

1. How long does luno take to deliver fiat to your local account. This is because I m being weird about their services

I have never used Luno but i think it depends on the service you use and probably the bank. I use binance and localcryptos. Binance is instant while localcryptos depends on how fast my trade partner is but it usually takes a few minutes to have money in my account

2. How much exchange that supports Fiat withdrawal mostly African currencies please if any outline except binance

It would have been easier if you specified which country you are from but your best option right now is p2p marketplaces
Like the ones in this lists
- Help: A list of LocalBitcoin alternatives (P2P marketplaces)
- List of P2P/no-KYC exchanges

3. Why are must exchange not accepting drivers license, could it be they are not recognized?

Use  the exchanges i have suggested above if KYC is a problem to you. National ID or passport is a much better option if you are planning to complete KYC verification

4. Why are they setting up BTC and ETH withdrawal fee high, could it be their target is to accumulate more of those currencies?

That the way most centralized exchanges to it. Most profile from the withdrawal fees and there is nothong we can do about it except abandon them

okay.

please do you know about b2bx exchange, that was the place tried to make deposit and i was luckily enough not to sent my token before making withdrawal, i would have got stocked without my funds getting out from the exchange after all i was told my country residence are not permitted to operate on their trading platform i don't really know how to trade my token till now.
my country is NGN

[Mr,flex]

Just dont try to use NRG cryptocurrency for transactions between exchangers because those type of transactinos are long 3.5-5 days and they need to have 5001 confirmations to be finished hehe.What a weird cryptocurrency,they have that to save users from SCAM hehe.Better stay away from this coin.

i don't think if we have NGN to NGN within another trading platform. i have only been seeing NGN/RIpple, NGN/BTC, NGN/ETH and NGN/TRX, NGN/USD, NGN/BUSD lastly NGN/BNB

[logfiles]

please do you know about b2bx exchange, that was the place tried to make deposit and i was luckily enough not to sent my token before making withdrawal, i would have got stocked without my funds getting out from the exchange after all i was told my country residence are not permitted to operate on their trading platform i don't really know how to trade my token till now.
my country is NGN

I think it's possible for you to carry out quick trades and transactions only if you are willing to verify your
- Binance Account for P2P trading
- Chipper cash account (It's one of the quickest way of transferring cash in most African Countries, Nigeria inclusive)

Check out https://c2c.binance.com/en and look for the best deals from you traders in your local country with your preferred payment method and then start trading.



Chipper cash is said to be instant, You can research and read more about it

[Cryptomiles1]

please do you know about b2bx exchange, that was the place tried to make deposit and i was luckily enough not to sent my token before making withdrawal, i would have got stocked without my funds getting out from the exchange after all i was told my country residence are not permitted to operate on their trading platform i don't really know how to trade my token till now.
my country is NGN

I think it's possible for you to carry out quick trades and transactions only if you are willing to verify your
- Binance Account for P2P trading
- Chipper cash account (It's one of the quickest way of transferring cash in most African Countries, Nigeria inclusive)

Check out https://c2c.binance.com/en and look for the best deals from you traders in your local country with your preferred payment method and then start trading.



Chipper cash is said to be instant, You can research and read more about it

I will try that, though the current I m to trade is not actually listed over there so it can only be possible if I trade it to a well known currencies and withdrawal it to binance that is when I could make direct use of P2P.

[logfiles]

I will try that, though the current I m to trade is not actually listed over there so it can only be possible if I trade it to a well known currencies and withdrawal it to binance that is when I could make direct use of P2P.

Which currency are you talking about?

Because initially, you talked about trading NGN which I see is listed both in the spot market (BTC/NGN, USDT/NGN) and p2p marketplace