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Dear Binance users, Please be informed that Binance will discontinue all Nigerian Naira (NGN) services according to the following timeline: - Deposits of NGN will not be supported after 2024-03-05 14:00 (UTC). - Withdrawals of NGN will cease after 2024-03-08 06:00 (UTC). - Any remaining NGN balances in users' accounts after 2024-03-08 08:00 (UTC) will be automatically converted to USDT at a ratio of 1 USDT = 1,515.13 NGN. - NGN spot trading pairs will be delisted at 2024-03-07 03:00 (UTC). - Binance Convert will delist NGN and corresponding pairs at 2024-03-07 02:00 (UTC). - NGN trading pairs on Binance P2P were delisted earlier. - NGN will be delisted from Binance Auto-Invest and Binance Pay on 2024-03-06 03:00 (UTC). We encourage users to withdraw, trade, or convert their NGN assets before the discontinuation of NGN services to avoid any inconvenience. Thank you for your support as we aim to foster transparency and sustainable growth in the crypto ecosystem. Binance Team #Nigeria #BinanceAnnouncement #cryptonews #NGN/USDT #NGN

Dear Binance users,

Please be informed that Binance will discontinue all Nigerian Naira (NGN) services according to the following timeline:

- Deposits of NGN will not be supported after 2024-03-05 14:00 (UTC).

- Withdrawals of NGN will cease after 2024-03-08 06:00 (UTC).

- Any remaining NGN balances in users' accounts after 2024-03-08 08:00 (UTC) will be automatically converted to USDT at a ratio of 1 USDT = 1,515.13 NGN.

- NGN spot trading pairs will be delisted at 2024-03-07 03:00 (UTC).

- Binance Convert will delist NGN and corresponding pairs at 2024-03-07 02:00 (UTC).

- NGN trading pairs on Binance P2P were delisted earlier.

- NGN will be delisted from Binance Auto-Invest and Binance Pay on 2024-03-06 03:00 (UTC).

We encourage users to withdraw, trade, or convert their NGN assets before the discontinuation of NGN services to avoid any inconvenience. Thank you for your support as we aim to foster transparency and sustainable growth in the crypto ecosystem.

Binance Team

#Nigeria #BinanceAnnouncement #cryptonews #NGN/USDT #NGN

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Fellow Binancians,In Nigeria Binance will discontinue all Nigerian Naira (NGN) services as per the timeline below. Users are encouraged to withdraw NGN, trade their NGN assets or convert NGN into crypto prior to the discontinuation of these NGN services. From 2024-03-08 08:00 (UTC), any remaining NGN balances in users’ Binance accounts will be automatically converted to USDT based on the conversion rate below. Deposits, Withdrawals and Conversions: Binance will not support deposits of NGN after 2024-03-05 14:00 (UTC). Withdrawals of NGN will not be supported after 2024-03-08 06:00 (UTC). After 2024-03-08 08:00 (UTC), Binance will convert any remaining NGN balances in users’ Spot and Funding wallets into USDT on behalf of users at a ratio of 1 USDT = 1,515.13 NGN. Please note that the conversion rate is calculated based on the average closing price of the USDT/NGN trading pair on Binance Spot in the last seven days. The conversion may take approximately up to 24 hours or longer. USDT tokens will be credited to users’ Spot wallets thereafter, and users can confirm receipt of the tokens via the Convert History page. If users hold less than 0.00000001 USDT worth of NGN in their Spot and Funding wallets, they will each receive 0.00000001 USDT in their Spot wallets after the conversion. Spot: Binance will delist all existing NGN spot trading pairs (i.e., BTC/NGN and USDT/NGN) at 2024-03-07 03:00 (UTC). All open spot orders with respect to the above trading pairs will automatically be closed when trading ceases in the relevant trading pair. Users should ensure they have not selected “Hide Small Balances” in all of their wallets to view their assets after trading ceases. Convert: Binance Convert will delist NGN and all corresponding pairs at 2024-03-07 02:00 (UTC). Binance P2P: Binance P2P delisted all NGN trading pairs at 2024-02-28 15:00 (UTC). Auto Invest: Binance Auto-Invest will delist NGN after 2024-03-06 03:00 (UTC). Users may choose to remove the plan(s) beforehand. Otherwise, the next recurring cycle of the aforementioned token
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His a legend #CZ Binance CEO Changpeng Zhao, widely known as CZ, has played a pivotal role in reshaping the landscape of cryptocurrency. His visionary leadership has not only propelled Binance to become the largest cryptocurrency exchange by trading volume but has also significantly influenced the broader crypto market. Under CZ's guidance, Binance has been a trailblazer in fostering innovation within the crypto space. The exchange's commitment to technological advancements and user-centric solutions has set new industry standards. CZ's strategic decisions have contributed to Binance's remarkable success, boasting a staggering $12 billion in net revenue in 2022 and attracting 128 million users. Beyond financial metrics, CZ has actively championed transparency and security in the crypto sphere. Binance's "proof of reserves" report underscores their commitment to maintaining a robust and secure platform, holding a substantial $65 billion in crypto assets. This dedication to integrity has established Binance as a cornerstone in the crypto market, weathering challenges and uncertainties. Despite recent legal developments and the imposition of a $4.3 billion penalty, CZ's resilience shines through. Stepping down as CEO and accepting responsibility for shortcomings, CZ's adherence to accountability sets a noteworthy precedent. His willingness to cooperate with authorities and the Department of Justice reflects a commitment to upholding the highest standards within the industry. While the future may hold uncertainties for Binance in light of legal challenges, the exchange's foundational strength, with Richard Teng assuming a leadership role, suggests a determined path forward. As the crypto community observes these developments, CZ's legacy remains intertwined with the transformative impact he has had on the world of cryptocurrency. #RichardTeng #BinanceCEONew #cz_binance #news
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CZ's legacy remains intertwined with the transformative impact he has had on the world of cryptocurrency. $BTC $BNB $ETH Binance CEO Changpeng Zhao, widely known as CZ, has played a pivotal role in reshaping the landscape of cryptocurrency. His visionary leadership has not only propelled Binance to become the largest cryptocurrency exchange by trading volume but has also significantly influenced the broader crypto market. Under CZ's guidance, Binance has been a trailblazer in fostering innovation within the crypto space. The exchange's commitment to technological advancements and user-centric solutions has set new industry standards. CZ's strategic decisions have contributed to Binance's remarkable success, boasting a staggering $12 billion in net revenue in 2022 and attracting 128 million users. Beyond financial metrics, CZ has actively championed transparency and security in the crypto sphere. Binance's "proof of reserves" report underscores their commitment to maintaining a robust and secure platform, holding a substantial $65 billion in crypto assets. This dedication to integrity has established Binance as a cornerstone in the crypto market, weathering challenges and uncertainties. Despite recent legal developments and the imposition of a $4.3 billion penalty, CZ's resilience shines through. Stepping down as CEO and accepting responsibility for shortcomings, CZ's adherence to accountability sets a noteworthy precedent. His willingness to cooperate with authorities and the Department of Justice reflects a commitment to upholding the highest standards within the industry. While the future may hold uncertainties for Binance in light of legal challenges, the exchange's foundational strength, with Richard Teng assuming a leadership role, suggests a determined path forward. As the crypto community observes these developments, CZ's legacy remains intertwined with the transformative impact he has had on the world of cryptocurrency. #RichardTeng #BinanceCEO #CZAndBinanceForLife #BelieveInCrypto ##BinanceCEONew
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