Binance will discontinue all Nigerian Naira (NGN) services.
Binance clients are encouraged to withdraw NGN, trade their NGN assets or convert NGN into crypto prior to the discontinuation of these NGN services.
From March 8, 2024 08:00 (UTC), any remaining NGN balances in users’ Binance accounts will be automatically converted to USDT.
- Deposits, Withdrawals and Conversions:
Binance will not support deposits of NGN after 2024-03-05 14:00 (UTC).
Withdrawals of NGN will not be supported after 2024-03-08 06:00 (UTC).
After 2024-03-08 08:00 (UTC), Binance will convert any remaining NGN balances in users’ Spot and Funding wallets into USDT on behalf of users at a ratio of 1 USDT = 1,515.13 NGN.