Binance, a cryptocurrency exchange platform has disabled Naira deposit following the Federal Government’s order to ban cryptocurrency in Nigeria.
The company revealed this on Twitter shortly after the central Bank of Nigeria released a circular on the ban of cryptocurrency in the country.
Bianance also urged all it’s customers transacting in Naira to withdraw their naira as soon as possible.
To err on the safe side, we have also disabled deposits to prevent more NGN coming in.
— CZ 🔶 Binance (@cz_binance) February 5, 2021