Binance Nigeria Bans Binance P2P

btaliat

VIP Contributor
Nigerians, especially those that are into cryptocurrency was woke up with a sad news of Binance ban or strict regulations on the 21st of February, 2024. The largest crypto trading platform in the world was accused of artificial inflation of the Nigerian currency, Naira.

The allegation furthered note that the speculation that is surrounded by the demand for the USDT, a crypto coin, backed by the American dollar, has been the major reason why Dollar keeps on appreciating against Naira.

As at today, 22nd of February, 2024, the official Binance website has not been connecting to server but the mobile application works effectively fine.
 
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