Facilitated by payments network Flutterwave, all the addition starts a new exercise of Binance adding sub-Saharan fiat pairs, the company claimed in a statement. In “the near future” the high-volume global exchange will also teach gateways for South Africa’s Rand (ZAR) and Kenya’s Shilling (KES), Binance identified.
Binance has added one fiat-to-crypto gateway for Nigeria’s Niara (NGN), the company replied.
At unveil, Binance limited the Nigerian trading pairs to BUSD/NGN, BNB/NGN and BTC/NGN. Ended up being can deposit between 200 NGN (about $. 40) and 430, 000 NGN (about $1, 200) to get a 1. 4% fee, Binance said time period blog post .
Binance said last month not wearing running shoes planned to add fiat-to-crypto OTC trading .
Binance to be able to respond to CoinDesk’s request for added comment.