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Press Release: Tuesday, November 24 2020, 08:15 CAT | Source: Binance

Binance has added a new cash transfer function on both mobile app and web for Binance users. This feature allows users with a Binance account to transfer Nigerian Naira (NGN) to anyone (both Binance and non-Binance account holders) easily without stress. The wallet to wallet function is safe and free for all Nigerian users. The cash transfer function allows users to send cash to friends and family anytime for free using either their phone number or email address.

This function for Nigerian Naira (NGN) will allow users to have more utility holding fiat within the Binance ecosystem. A fast and secured way to send and receive money with just a phone number.

How It Works

Cash transfer function removes the need for third parties when Binancians want to send money to friends and family, allowing them to make NGN transactions directly from wallet to wallet, instantly at zero cost.

Funds can be sent to both Binance and non-Binance users using only their phone number or email address. When non-Binance users receive the funds, all they have to do is follow the link and complete their signup process and the funds will be instantly available for withdrawal.

Access this feature here and get started.

Please note: To use this function, Binance users will need to download or update to the latest version of the Binance App iOS App 2.20.0 or Android App 1.31.0

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This article is a Press Release received from Binance. Global Crypto did not receive any form of compensation for its publication, and as this material is deemed newsworthy for the Southern African blockchain industry, it was thus published accordingly.

Kratika is Global Crypto's Admin Assistant. She has extensive experience working for top tech firms from around the world, and has a wealth of knowledge in the FinTech industry.