The new feature allows users with a Binance account to transfer Nigerian Nairas (NGN) to anyone, both within and outside Binance, easily at no cost.
Watch the video below on how to use the new functionality:
See how easy it is to use the new #NGNCashTransfer feature 👇
⭐️ Send NGN to anyone (both Binance and non Binance users)
⚡️ Instant transfers!
💰 Zero fees!
Simple wallet to wallet transfers. No intermediaries! 😉 pic.twitter.com/HvRo0KJV4Q
— Binance Africa (@BinanceAfrica) November 20, 2020
The new functionality removes the need for third parties when sending money. When non-Binance users receive the funds on their phone or email, they will get a link that prompts them to signup and instantly withdraw the funds.
The cash transfer function will enable you to send cash to friends and family anytime for free using either your phone number or email address.
The new functionality is available on the web and on the updated version of the Binance app.
Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more.
For more information, visit: https://www.binance.com.
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