Binance has opened deposits for the Nigerian Naira (NGN) through Flutterwave. They have also added trading pairs BUSD/NGN, BNB/NGN, and BTC/NGN to the Stablecoin Market and users can now start depositing NGN and using it to buy BUSD, BNB, and BTC.
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To celebrate the first fiat currency listing on Binance, all newly registered users who deposit NGN to Binance through Flutterwave will enjoy zero fees for deposits up to 36,000 NGN starting October 24, 2019.
Binance has committed a total of 10,000 USD worth of NGN to give to our newly registered users worldwide. Rewards will be distributed on the following day based on the first-come-first-served manner
The announcement however carries a not of warning:
Ghana's Central Bank to Issue it's Own Digital Currency | CoinNewsExtra
[…] the listing of Nigerian Naira on Binance Exchange, a Binance spokesperson said that Nigeria is “absolutely a […]