Binance can be used in Nigeria despite the ban on cryptocurrency by CBN. In fact, Binance has made it easy to open and verify an account in Nigeria. Also, you can deposit on Binance easily with the P2P Trading feature on the platform. Thereafter, start trading.
After creating a Binance account, all you need to verify the account is a BVN or NIN. Just enter the number and Binance will verify your account in minutes. Below is the process:
How to Create and Verify a Binance Account in Nigeria
- Click on this link to create an account Binance website
- Choose the Sign-up option and Country of Residence.
- Click on Create Personal Account or Entity Account(for Business)
- Enter your account details. Email address and password
- Verify your Email Address by entering the code sent to your email address
- Enter your phone number and verify it.
- The next step is to verify your account BVN or NIN. Just enter the number and Binance will verify it in minutes
When you open a Binance account in Nigeria, you can get a sign-up bonus of either a commission fee on trading or $100 instantly.
To get a commission fee sign-up bonus, use this link to create an account on Binance
To get a Binance $100 sign-up bonus when you create an account in Nigeria, use this link
Note that you are required to fulfil certain terms and conditions to get the bonus. Such as you must verify your account within 7 days and deposit over $50.
To understand better the sign-up process, bonuses and requirements, check this Binance Referral Code Bonus Post
