How can I get Binance coin in Nigeria?

Can I use Binance in Nigeria?

Binance has added an NGN FIAT/NGN pair to its Peer to Peer (P2P) trading platform in Nigeria. Users can now BUY and SELL their NGN FIAT balance on Binance with zero transaction fees for Nigerian Naira (NGN) using Bank Transfer and other payment methods.

Is Binance banned in Nigeria?

The CBN letter told local banking institutions that dealing in cryptocurrencies or facilitating payments for c ryptocurrency exchanges is prohibited under a 2017 circular stating Bitcoin (BTC) and other cryptocurrencies are not legal tender in the country.

How do I deposit naira to Binance?

Click on Deposit at the top or simply scroll down to the NGN currency and click deposit.

  1. Switch over to Fiat to initiate a payment from your bank account or card.
  2. Select the currency payment method in this case, the NGN (Naira)

Can I withdraw naira on Binance?

Binance continues to delight our users with useful functions and new opportunities for crypto-fiat operations. … In fact, the NGN in your Binance wallet are your exchange-traded assets with which you can trade on the spot market e.g NGN/USDT, NGN/BTC, or transfer it to P2P for withdrawal to any of your Bank Accounts.

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Can you withdraw cash from Binance?

On the Binance website, click on the “Funds” section and then find the “Withdrawal” button to be redirected to the withdrawing page. You’ll be asked to select a cryptocurrency and the amount you wish to “withdraw”.

Who is the owner of Binance?

Changpeng Zhao (Jul 2017–)

Has Nigeria lifted Cryptocurrency ban?

The Securities and Exchange Commission acknowledged that a recent ban by the bank had disrupted Nigeria’s digital currency industry, while pledging support to promote innovation in the nascent industry. Nigeria is the world’s second largest peer-to-peer digital currency market and the leader in Africa.

Which Bitcoin wallet is best in Nigeria?

Coinbase App

Its mobile wallet app is one of the most popular in Nigeria; since its launch, over 43 million customers globally have used Coinbase’s crypto wallet services to store their holdings. Coinbase wallet is accessible in more than 100 countries, including Nigeria, and supports many different crypto assets.

Can I transfer from Binance to my bank account?

On the app homepage, click on “P2P Trading” to enter the P2P trading page. Click on the “···” icon in the top right corner and choose “Payment settings.” Click on “Add a new payment method”, and select “Bank Transfer”. Enter your Bank details, then click on “Confirm.”

How much can I withdraw from Binance?

There are two levels of limits on Binance, regarding how much cryptocurrency funds can be withdrawn from an account. Accounts that are at level 1 can only withdraw a maximum of 2 BTC in 24 hours. Verified accounts are at Level 2 and can withdraw as much as 100 BTC in 24 hours.

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Where can I sell my bitcoin for cash in Nigeria?

Sell Bitcoin in Nigeria

  • payfast23. Trades 7113 | Rating 98% Trades 7113 | Rating 98% …
  • trade4naira. Trades 7404 | Rating 99% Trades 7404 | Rating 99% …
  • quickpaycoy. Trades 13863 | Rating 97% Trades 13863 | Rating 97% …
  • rayshy. Trades 3082 | Rating 97% Trades 3082 | Rating 97% …
  • RA. rayshy. Trades 3082 | Rating 97% …
  • MI. miles5. …
  • PR. profobanla. …
  • RO. roffydee.

How long does Binance withdrawal take to bank account?

If you’re using an instant card withdrawal on Binance to your bank, your withdrawal will typically be completed in 5 minutes. In rare cases, it might take up to 24 hours for it to complete.

How do I put money into my Binance account?

How to Deposit on Binance

  1. Log in to your Binance account. …
  2. Click on Deposit.
  3. Select the Crypto tab.
  4. Choose the cryptocurrency you would like to deposit.
  5. If the cryptocurrency is issued on multiple networks, select which one you’d like to make your deposit on. …
  6. Depositing BNB requires both a deposit address and a MEMO.
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