VOICE AIR MEDIA, News Update
Binance will discontinue all services for Nigeria’s fiat currency, the naira, amid an ongoing regulatory conflict in the country.
The crypto exchange will automatically convert naira balances to USDT from March 8 at 8:00 a.m. UTC but will cease support for NGN deposits after 14:00 UTC today. Withdrawals will become unsupported after March 8 at 6:00 a.m. UTC.
Posting on its website on Tuesday, Binance said the conversion rate for automatic conversions will be 1 USDT per 1,515.13 naira, according to an announcement.
All spot trading pairs against the naira will be delisted on March 7 at 3:00 a.m. UTC. Open spot orders for these pairs will be automatically closed.
Binance Convert, Binance P2P, the exchange’s Auto Invest feature, and Binance Pay will also cease support for the naira at various dates and times.
News Update Prof. Iyabo Obasanjo, daughter of former President Olusegun Obasanjo, has declared her intention…
A Nigerian man is currently in shock after a young lady identified as Precious Chinyere…
● Diversion of LG Fund is a Criminal Case without Expiration - Kolapo Alimi ●Local…
THE Osun state government has fingered the Former Governor, Adegboyega Oyetola and and candidate of…
News Update A Non Governmental Organisation, Maten Oba Cares, distributed food items and cash gifts…
News Update Osun Governor, Senator Ademola Adeleke has called on the Inspector-General of Police, Kayode…