Binance has added the Ripple (XRP) trading pair for the Nigerian Naira (NGN).
The new pair now means that Nigerian users can buy, sell, and trade XRP using Nigerian Naira.
Binance recently launched a dedicated Binance Nigeria home page allowing Nigerian users to easily deposit Naira onto the exchange, buy crypto, and use the Binance P2P trading platform.
SEE ALSO: A Litecoin-Nigerian Pair is Coming Soon on Binance Exchange as Litecoin Demand Surges in Africa
The company also recently introduced an instant free cash transfer function for the Nigerian Naira.
The new addition now brings to 8 the total Nigerian Naira (NGN) trading pairs on Binance below:
- BTC/NGN
- BNB/NGN
- ETH/NGN
- BUSD/NGN
- USDT/NGN
- TRX/NGN
- LTC/NGN
- XRP/NGN
The XRP token is up more than 200% in the past two weeks, trading at a high of $0.78, which is the highest level seen since late September 2018.
More than 2.3 billion XRP tokens have been sent to multiple cryptocurrency exchanges since prices began to take off. This represents a 330% increase in daily exchange inflow, worth nearly $1 billion.
RECOMMENDED READING: [WATCH] Binance Launches a Dedicated Binance Nigeria Homepage as Exchange Volumes Hit All-Time Highs Over $37 Billion
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