Here’s Why Thousands of Nigerians Choose To Store Crypto on Binance
Popular Cryptocurrency Exchange platform, Binance has been described as a safe haven by many for storing Cryptocurrencies of all sort, due to its unique features.
Worldwide, Binance has been described as one of the best platform for everything crypto; from buying, selling, trading e.t.c, Binance offers all of these to it’s users.
Though the platform offers its features to users at different tires (stages), for security reasons, most traders in the country revealed to our correspondent that one of the major reasons why they use Binance is due to its futures/spot trading feature.
If you already hold crypto in another wallet, it’s pretty easy to deposit them into your Binance Wallet.
Binance Users often referred to as “Binancians’ are always advised not to share their Binance Account/Wallet passwords, private keys, or 2FA codes with anyone.
Binance has a ecosystem which is covered by the BNB; the native coin of the Binance Chain and the Binance Smart Chain.
BNB can be employed in payment of trading fees on the Binance Exchange and Binance DEX (Decentralized Exchange), and paying for goods and services online and in-store.