Coy Launches First Structured Crypto Prediction Market in Nigeria

Luno, the global cryptocurrency platform founded in Africa, has launched a structured Crypto Prediction Markets product in Nigeria.

The new feature enables customers to apply their market knowledge to short-term crypto price events and earn USDC when their insights are correct.

Speaking about the launch, CEO of Luno Nigeria, Ayotunde Alabi, said: “We are seeing a clear shift in how Nigerians want to engage with crypto assets. Many already follow price movements closely and form strong market views; we want to lead with education as well as provide a safe and secure platform to help them apply that knowledge. This feature is designed to be a natural extension for those who enjoy forecasting. By tying this to our ongoing educational initiatives, such as our scholarships with AltSchool, we are encouraging users to apply what they have learned about market analysis into a practical, responsible framework.”

Luno will further support the rollout with “Learn & Earn” educational content and tutorials explaining market mechanics and price determination. The launch forms part of Luno’s broader commitment to delivering secure, practical financial tools for everyday Nigerians, while maintaining higher standards of compliance and customer education.