Binance Naira - gwg.ng

Business

Naira Trades At NGN 1,568.50/1 BUSD On Binance For February 23

Published

on

The naira was trading at NGN 1,568.50 per 1 BUSD on Binance, early on Friday Morning, February 2024.

According to Coinbase, with a circulating supply of 84,511,447.778 BUSD, it means that Binance USD has a total market cap of NGN 132,554,796,958.78. 

The amount of Binance USD traded has fallen by NGN 8,257,717,685.08 in the last 24 hours, which is a 21.69% decrease apparently following new restrictions being applied by the Nigerian government.

Additionally, on the last day, NGN 38,076,372,395.70 worth of BUSD has been traded.

Read also

Naira’s trade on binance today, shows a significant improvement compared to Thursday, February 22, when the naira traded between N1680-N1710/$1 USDT. This situation was attributed to several reports of a crackdown on cryptocurrency trading, which some authorities view as a significant contributing factor to the rapid depreciation of the naira.

Send Us A Press Statement Advertise With Us Contact Us

 And For More Nigerian News Visit GWG.NG

Click to comment

Trending

Exit mobile version