Binance is the leading Cryptocurrency across the globe for providing the best trading services to its users. In the recent times, the chain of the exchange, Binance US broke all the records by creating $10 million daily trading volume a day. Now, on October 24, 2019, the exchange has come up with the new points and opened deposits for fiat currency Nigerian Naira (NGN).
Speaking of the announcement, factors that gained attraction of users worldwide is that NGN deposits is going to be processed through payments processor Flutter wave and the exchange is ready with its three new trading pairs: USD/NGN, Binance Coin/NGN and Bitcoin/NGN.
Addition of three NGN trading pairs on the exchange
In a bid to support and explore the new currencies on the trading platform, the exchange made NGN deposits free for temporary time up to 36,000 NGN (about $100) which began from Oct. 24. For availing more information about the exchange, users can talk to the team anytime for availing fruitful results. The team is always at your service to make sure that you don’t get in any error while trading on the platform.
A deposit which are ineligible, the fees is going to set at 1.4% on NGN. As per the news, the maximum deposit which is going to be allowed by the company is 430,000 NGN ($1,191), and on the other part, the minimum deposit allowed by the firm is 150 NGN ($0.42).
For a change, Google Trends say that African people seem more interested in this topic and it was told by the founder and CEO of Binance, Changpeng Zhao in a latest tweet on twitter . He said that this would be the first trading pair on the exchange.
Other new pairs coming on the Binance
On October 24, the other news that grabbed eyeballs of users is that the crypto trading platform for United-Stated users, Binance US, that the exchange is going to list Dogecoin (DOGE). The exchange recently announced that it is soon going to add support for fiat trading and that step would be initiated with the Russian ruble. To know more about the exchange and its new updates and discoveries, you can always call on Binance support phone number which is functional all the time for assistance. Contact the team anytime for availing fruitful results. The team is there to support you through your thick and thin during your process.
These strategies was created on a broader effort by the exchange , which was initially released in January citing intention to expand this service to new eight countries by the end of 2019 by establishing numerous fiat exchanges. Also, Huobi, which is a Singapore-based crypto exchange, announced that in the beginning of this month that it is going to introduce a fiat gateway for the Turkish lira in late 2019. Binance was discovered in 2017 in China which was shifted from there due to ban of Cryptocurrency in China by the government.