Binance imposes USDT/NGN trading restrictions amid deepening Naira decline

Binance, recognized as the world’s largest cryptocurrency exchange, has imposed restrictions on peer-to-peer transactions concerning the USDT/NGN pair, as the naira slumped to unprecedented lows on Tuesday. The exchange executes the role of holding currencies in trust, enabling Nigerians to exchange the naira for USDT, a stablecoin that matches the US dollar. Binance clarifies that … Continue reading Binance imposes USDT/NGN trading restrictions amid deepening Naira decline