TechFlow news: Binance has announced it will discontinue all Nigerian Naira (NGN) services. Starting March 8, 2024, at 08:00 (UTC), any remaining NGN balances in users' Binance accounts will be automatically converted to USDT according to the following exchange rate.
Deposits, withdrawals, and conversions:
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After 14:00 (UTC) on March 5, 2024, Binance will no longer support NGN deposits.
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After 06:00 (UTC) on March 8, 2024, NGN withdrawals will no longer be supported.
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After 08:00 (UTC) on March 8, 2024, Binance will automatically convert any remaining NGN balances in users' Spot Wallets and Funding Wallets to USDT at an exchange rate of 1 USDT = 1,515.13 NGN.
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