Binance Adds Three New NGN Trading Pairs
As per the announcement made NGN deposits will be processed by Flutterwave, the online payments processor. It will be also adding three new trading pairs: USN/NGN, Binance Coin/NGN, and Bitcoin/NGN.
Binance made NGN deposits temporarily free up to 36,000 NGN (about $100) starting from Oct. 24 for the promotion of the newly supported currency on the trading platform. The fees on NGN will be set at 1.4% for ineligible deposits. The maximum allowed deposit is 430,000 NGN ($1,191), while the minimum is 150 NGN ($0.42).
This is the first fiat trading pair on @binance (https://t.co/ukvU1dD0G1). You know what it happens next, right? First leads to more… https://t.co/0fzyAE0c8Z — CZ Binance (@cz_binance) October 24, 2019
Binance And Other Projects On Easier Trading
On Oct. 9. cryptonewspoint reported that Binance users can now use popular Chinese applications like WeChat and Alipay in P2P transactions.
Singapore based crypto exchange Huobi will launch a fiat gateway for Turkish lira at the end of the year.
Moreover, Binance futures platform announced recently that it has increased the leverage on Bitcoin (BTC)/Tether (USDT) contracts to 125x.
Binance recently added debit and credit cards as a payment option to buy cryptocurrencies directly via its payment processing firm Koinal.