INTRODUCING | Luno Launches a Prediction Markets Product in South Africa and Nigeria

Luno has launched a structured Crypto Prediction Markets product in South Africa and Nigeria, giving users a new way to act on short-term crypto price movements and earn USDC when their predictions are correct.

The feature allows customers to take positions on whether the price of selected cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin, and XRP, will close above or below a predefined daily price level.

Each market runs on a fixed schedule with clear rules and settlement periods offering time-bound opportunities to express market views.

Powered by Limitless, the product differs from traditional trading by focusing solely on outcome-based predictions rather than asset ownership. Users do not buy the underlying crypto but participate in a structured market that settles transparently using real-time price data within the Luno platform.

The rollout reflects evolving user behavior in Luno’s rapidly growing crypto ecosystem. As adoption matures, more users are seeking flexible ways to engage with markets beyond long-term holding or spot trading.

SURVEY | Over 70% of Gen Z’s Participate in Crypto, Prediction Markets Since Traditional Wealth Paths Seem Out of Reach

Luno’s Prediction Markets are designed to meet this demand within a familiar and regulated environment, building on how users already track prices, analyze charts, and form market opinions.

The product ties into Luno’s broader education efforts, including partnerships with AltSchool Africa encouraging users to apply market analysis skills in a practical setting.

PRESS RELEASE | Luno Partners with AltSchool Africa to Launch Crypto Education Programme for 15,000 Nigerians

To support responsible usage, Luno has introduced several safeguards:

• Users must acknowledge a risk disclosure before participating
• Funds must be transferred from a standard USDC wallet into a dedicated Prediction wallet
• Users cannot take opposing positions in the same market

The company will also roll out “Learn & Earn” content and tutorials to help users better understand market mechanics and price formation.

Nigeria and South Africa are some of the world’s most active crypto markets, with rising demand for simple, transparent financial tools. By introducing structured Prediction Markets focused on price levels, Luno aims to offer a faster, more intuitive way for users to engage with the market.

The launch is part of the company’s broader push to deliver practical, secure financial tools for everyday users while maintaining strong standards around compliance and education.

INSIGHTS | Prediction Markets Have an Insider Trading Problem That Needs Fixing

Stay tuned to BitKE for deeper insights into the global crypto space.

Join our WhatsApp channel here.