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Binance has added the Ripple (XRP) trading pair for Nigerian Naira (NGN).
The new pair now means Nigerian users can buy, sell and trade XRP using Nigerian Naira.
Binance recently launched a dedicated Binance Nigeria home page that allows Nigerian users to easily deposit Naira on the exchange, purchase cryptocurrencies, and use Binance’s P2P trading platform.
SEE ALSO: Litecoin-Nigerian pair is coming to Binance Exchange as Litecoin demand increases in Africa
The company also recently introduced an instant free cash transfer feature for Nigerian Naira.
The new addition now brings the total Nigerian Naira (NGN) trading pairs on Binance to 8 below:
- BTC / NGN
- BNB / NGN
- ETH / NGN
- BUSD / NGN
- USDT / NGN
- TRX / NGN
- LTC / NGN
- XRP / NGN
The XRP token has risen 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 started to take off. This represents a 330% increase in daily trade inflow, worth nearly $ 1 billion.
RECOMMENDED READING: [WATCH] Binance Launches Dedicated Binance Home Page in Nigeria As Trading Volumes Reach All-Time Highs of Over $ 37 Billion
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