Binance Lists NGN. Enjoy Zero Deposits Fees.

Fellow Binancians,

Binance opens NGN deposit through Flutterwave and also adds BUSD/NGN, BNB/NGN, BTC/NGN trading pairs in the Stable Market(USDⓈ) at 2019/10/24 13:30 (UTC+1). Users can now start to deposit NGN and buy BUSD, BNB and BTC.

New Users Enjoy Zero Deposit Fees

To celebrate the first fiat currency listed on Binance, all newly registered users who deposit NGN to Binance through Flutterwave will enjoy zero fees up to 36,000 NGN deposit since 2019/10/24. Binance has committed a total of 10,000 USD equivalent in NGN tender to give to our newly registered users worldwide. The fee rewards will be distributed on the following day based on the first-come-first-served manner.

Note:

1) NGN: NGN is the legal tender of the Federal Republic of Nigeria in Africa, and NGN is the currency code, not the digital currency code.
2) NGN deposits fees: 1.4%. Maximum deposit per transaction is 430,000 NGN and minimum deposits per transaction is 150 NGN.
3)Fee rewards will be distributed on the following day before 8:00 AM (UTC+1). You can see your prize through Distribution History > Wallet> Account Center.
4)The exchange rate between USD and NGN will be based on the spot exchange rate.


https://www.binance.com/en/support/articles/360035511611

Yeah, just seeing this too. I wonder what the economical benefits are, or if it has any direct implications on the strength of NGN.