Binance, the global cryptocurrency trading platform has again capture Africa amidst restrictions by adding African payment gateways as payment options.
Recall that, the Nigerian government through its Central Bank has restricted the use of cryptocurrency by banning transaction with local bank accounts.
The only thing regulations cannot stop but may only delay is innovation. Binance now has Nigeria popular payment gateway, Flutterwave and Cryptocurrency trading platform, Bundle as additional payment options on its platform.
This will enable Africans that want to trade on the platform through the Peer-to-Peer (P2P) option to trade with their well known platforms which give more confidence.
Below is the full list of the new payment methods on Binance platform:
- Bundle Africa
Below are the fiat currencies and countries where the above payment methods will work:
- Nigerian Naira (NGN)
- Ghanaian Cedis (GHS)
- Kenyan Shillings (KES)
- South African Rand (ZAR)
Please note that these payment methods are supported as options of fiat transactions between users, and Binance does not establish any business relationships with these companies.