Binance, the world’s largest cryptocurrency exchange by trading volume, is now available in Nigeria. The Malta-based company announced the launch of its services in the country on Wednesday.
The exchange will allow Nigerian users to trade cryptocurrencies on its platform with Nigerian Naira (NGN). Binance had earlier announced its plans to expand into Africa with the launch of a fiat-to-crypto exchange in Uganda in October.
Binance CEO Changpeng Zhao said that the company is committed to furthering its expansion into Africa. “With the launch of our fiat-to-crypto exchange in Nigeria, we are one step closer to our goal of providing easy and convenient crypto trading services to users in Africa,” he said.
NOTE: WARNING: Binance is not currently available in Nigeria. Please be aware that using Binance in Nigeria could violate applicable laws and regulations and may lead to suspension of your account. We strongly advise against using Binance in Nigeria or any other country or region where it is not available.
Binance had also launched a $1 million fund to support blockchain and cryptocurrency startUPS in Africa earlier this year. The fund is part of the company’s wider $10 million investment pledge to the continent.
With the launch of its services in Nigeria, Binance becomes one of the few cryptocurrency exchanges to offer fiat-to-crypto trading in Africa. The others include Luno, which operates in South Africa and Nigeria, and Golix, which has a presence in Zimbabwe, Kenya, and Uganda.
The availability of Binance’s services in Nigeria is good news for the country’s crypto community as it will provide them with another option for buying and selling digital assets. It will also likely lead to more adoption of cryptocurrencies in the country as people learn about them through the popular exchange platform.
10 Related Question Answers Found
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is available in Malaysia. The Malta-based company announced the news on its blog on August 8, 2018. The announcement comes as the latest development in Binance’s aggressive global expansion plans.
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is not currently available in India. However, that could soon change. Binance CEO Changpeng Zhao has hinted that the exchange may soon enter the Indian market.
Binance, one of the world’s largest cryptocurrency exchanges, is available in 190 countries and territories around the world. The platform allows users to buy, sell, and trade a variety of digital assets, including Bitcoin, Ethereum, Litecoin, and more. Binance is a global company with offices in multiple countries, including the United States, Japan, Hong Kong, and Taiwan.
Binance is one of the most popular cryptocurrency exchanges out there. But is it good for trading? Let’s take a closer look.
This is a question that many people are asking as the popular cryptocurrency exchange, Binance, is not currently available in Malaysia. There are a few reasons for this, and we will explore them in this article. The first reason is that Binance is not regulated by the Malaysian government.
Binance is one of the most popular cryptocurrency exchanges in the world. It has a great reputation in the industry and is known for its low fees, fast transactions, and easy-to-use platform. However, like all exchanges, Binance has had its share of problems.
Yes, Binance does work in Uganda. The country has a large and growing population of cryptocurrency users, and Binance is one of the most popular exchanges available. There are a few things to keep in mind when using Binance in Uganda, however.
Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of 2019, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Binance was founded in 2017 by Changpeng Zhao and Yi He.
Binance is one of the most popular cryptocurrency exchanges in the world. Binance US is a new entity created by Binance, with the goal of providing a crypto trading platform for US-based users. Binance US will have its own set of rules and regulations, which may differ from those of Binance.
Binance Dex is an upcoming decentralized exchange that is set to launch on the Binance Chain blockchain. The launch of the Binance Dex platform was first announced in March of 2019. The Binance Dex platform is designed to offer a fast, secure, and decentralized way to trade digital assets.
