Quick Facts:
- Binance adds Naira (NGN) deposits.
- #BinanceAcceptsNiara trends on Twitter.
- Binance considers the African market as an important one.
Binance just added Naira (NGN) as its first fiat trading pair on binance.com and Nigerians are loving it as #BinaceAcceptsNaira trends on Twitter.
Binance made the announcement on Thursday via a blog post that included a zero fee promo for deposits. Earlier this month, Binance teased the addition of fiat deposits on its international exchange platform.
With this announcement, users can now deposit Naira (NGN) through debit and a credit card through the Binance Fiat Gateway platform on the Flutterwave channel.
Binance also added trading pairs BUSD/NGN, BNB/NGN, and BTC/NGN to the Stablecoin Market (USDⓈ) as of October 24, 2019, 12:30 GMT.
#BinaceAcceptsNaira Trends on Twitter
#BinaceAcceptsNaira began to trend on Twitter as Nigerians expressed their excitement and satisfaction with the new development.
#BianceAcceptsNaira was trending at number 3 in Nigeria, just hours after the announcement was made.
Nigeria continues to be a leader in blockchain and cryptocurrency adoption and interest across the world. Currently, Nigeria leads the Google Trends list for the search for the keyword “Bitcoin”.
Binance has also established plans to add KES (Kenyan Shilling) and ZAR (South African Rand) trading pairs in the coming months.
Also Read: How To Use Binance In Nigeria In 2019.
