Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Binance => Topic started by: sirty143 on March 08, 2024, 12:49:21 PM

Title: Embattled Binance Discontinues Nigerian Naira Services — Users Urged to Convert
Post by: sirty143 on March 08, 2024, 12:49:21 PM

Embattled Binance Discontinues Nigerian Naira Services — Users Urged to Convert NGN Balances

Binance, one of the leading crypto exchanges, has said it will discontinue all Nigerian naira services on March 8. The crypto exchange’s decision to drop trading pairs that feature the naira follows weeks of attacks and an official crackdown on its Nigerian operations... See more for yourself here (https://news.bitcoin.com/embattled-binance-discontinues-nigerian-naira-services-users-urged-to-convert-ngn-balances/).

Your opinion is greatly appreciated.

Title: Re: Embattled Binance Discontinues Nigerian Naira Services — Users Urged to Convert
Post by: Aanuoluwatofunmi on March 26, 2024, 01:53:12 PM

If they the Nigerian government choose to close the access to the use of the exchange in the country i think they have every right on that, but it is unlawful for them to detain the representative sent by Binance to negotiate a ground with them on how to settle the challenges of the market situation with the rate at which some of the exchange traders are offering for the market, we can wait for more actions from the governing authorities regarding the detention and if nothing is being done, the international bodies are taking that up in fighting against any unlawful detention.