HomeBinanceBinance will stop all Nigerian Naira (NGN) services

Binance will stop all Nigerian Naira (NGN) services

Published:

 

Binance announced that starting from 11:00 am East African Time on March 8, 2024, the remaining NGN balance in the user’s Binance account will be automatically converted into USDT according to the following exchange rate.

Deposits, withdrawals and exchanges:

  • After 17:00 East African Time on March 5, 2024, Binance will no longer support NGN deposits. 
  • NGN withdrawals will no longer be supported after 09:00 am East African Time on March 8, 2024.
  • After 11:00 am East African Time on March 8, 2024, Binance will convert the remaining NGN balance in the user’s spot wallet and fund wallet to USDT on behalf of the user at the ratio of 1 USDT = 1,515.13 NGN. 

Source 

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