Wed. Jun 12th, 2024

Binance Sets New Fixed Deposit Fee at N150 for Up to 18 million Naira Deposits.

Share this:

Last updated on July 15th, 2020 at 11:46 am

Thank you for reading this post, don't forget to subscribe!

Join Telegram Group

Binance the largest world cryptocurrency exchange by trading volume announces a new binance deposit fee for Naira deposits.

After it’s partnership with Flutterwave, a bills and online mobile payments service provider in Nigeria, allowing Nigerians to process naira deposit on binance with 1.4 percent naira depoist fee charge. 

The crypto trading house announced today that it will be opening a new fixed naira deposit fee charge each bank transfer.  

See Also: Nigeria Open Naira Deposits For Nigerian Naira Through Flutterwave. 

The new deposit fee charge will take effect on Monday 17 February 2020 10:00 AM (UTC). This means that for every naira deposit you make on binance amounting to N18m naira, you will be charged a little fee of N150 naira.

This is a good move towards putting Nigeria on Binance. We can recall that binance has made too many moves in other to leverage the Nigeria crypto market but has failed. 

This followed up from the flutterwave partnership to allow direct naira deposit and withdrawal on binance to the Paxful partnership allowing cryptocurrency peer to peer digital money transfer.

About The Author

By Tony Chimdiuto

Content Developer | Blogger | SEO Manager | Web Administrator | Web Designer | Copyrighter | Journalist| diutouche@outlook.com

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Discover more from DiutoCoinNews

Subscribe now to keep reading and get access to the full archive.

Continue reading