{"id":294745,"date":"2022-12-05T11:15:12","date_gmt":"2022-12-05T10:15:12","guid":{"rendered":"https:\/\/nigerianfinder.com\/?p=294745"},"modified":"2022-12-05T11:15:12","modified_gmt":"2022-12-05T10:15:12","slug":"how-to-fund-binance-in-nigeria","status":"publish","type":"post","link":"https:\/\/nigerianfinder.com\/how-to-fund-binance-in-nigeria\/","title":{"rendered":"How to Fund Binance in Nigeria\u00a0"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Binance offers its users across the globe the privilege of trading cryptocurrencies, as well as storing their electronic funds in crypto wallets. Binance allows users to fund their accounts via P2P trading, bank deposits, and credit and debit cards, but if you&#8217;re a user in Nigeria, you&#8217;ve got limited options. This article will discuss the way to find Binance in Nigeria. Let&#8217;s get started.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-294746\" src=\"https:\/\/nigerianfinder.com\/wp-content\/uploads\/2022\/12\/How-to-Fund-Binance-in-Nigeria-.jpg\" alt=\"How to Fund Binance in Nigeria\u00a0\" width=\"607\" height=\"342\" srcset=\"https:\/\/nigerianfinder.com\/wp-content\/uploads\/2022\/12\/How-to-Fund-Binance-in-Nigeria-.jpg 607w, https:\/\/nigerianfinder.com\/wp-content\/uploads\/2022\/12\/How-to-Fund-Binance-in-Nigeria--600x338.jpg 600w\" sizes=\"(max-width: 607px) 100vw, 607px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">How to fund Binance in Nigeria would be displayed below:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h2><strong>Register on Binance\u00a0<\/strong><\/h2>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Before we proceed to tell you how to fund Binance in Nigeria, let&#8217;s first talk about how to register on Binance. Even if you might have already registered on Binance, you may have not completed the identity verification stage which is a vital step if you want to fund your Binance wallet. Let&#8217;s move on.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you don&#8217;t have a Binance account, go to Google Playstore or App Store to download and install the Binance mobile application. Alternatively, you can visit the Binance official website.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Follow the steps below to register on Binance:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">On the homepage of the Binance app or website, tap &#8220;Sign Up&#8221;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You&#8217;d be asked to select the type of account you want, between &#8220;Entity&#8221; and &#8220;Personal&#8221;. Select the account type you want. (NB: you can&#8217;t change the account type once registered)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Choose either option of &#8221; Email&#8221; or &#8220;Phone&#8221;, and provide the email address or phone number associated with you (or your &#8216;entity&#8217;, if you chose entity as your account type)\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Create a secure password of at least sight characters, one uppercase letter and one number\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Put in the Referral ID in the provided box if you were referred to register on Binance by a friend; otherwise, skip.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Go through the Terms of the Service and Privacy Policy before hitting &#8221; Create Personal Account&#8221; ( or &#8220;Create Entity Account&#8221; as the case may be)\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Input the code that would be sent to your email or phone number within thirty minutes, then press &#8220;Submit&#8221;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The account is successfully on Binance\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">At this juncture, you will have to go further by completing your identity verification which will enable you to engage in peer-to-peer trading.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Follow the steps below to complete your identity verification on Binance:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Log into your Binance on the website or with the Binance app<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">As a new Binance user, click on &#8220;Get Verified&#8221;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Next, click &#8220;Start Now&#8221;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Select &#8220;Nigeria&#8221; as your country of residence\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click &#8220;Continue&#8221;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Input your details and click &#8220;Continue&#8221; when you&#8217;ve confirmed that the information you&#8217;ve entered is consistent with your ID document<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enable came access on your device\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Follow the instruction to take front and back photos of your ID document (international passport, national ID, driver&#8217;s licence). Make sure when you click &#8220;Take a Photo&#8221; to capture your ID document, the ID is properly placed in front of the camera<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Press &#8220;Ok&#8221; to confirm\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click &#8220;Upload File&#8221;\u00a0 to upload an existing photo on your device that clearly shows your face (without hats, glasses, and filters)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click &#8220;Continue&#8221; to finish the face recognition\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Now we&#8217;ve satisfied the requirement of P2P trading on Binance, let&#8217;s discuss how to fund your Binance via P2P trading.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h2><strong>How to Fund Binance via Binance P2P<\/strong><\/h2>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">As a Binance user in Nigeria, you&#8217;ve limited options to fund your Binance wallet, as the bank deposit option does not include Nigerian banks and the same thing regards the Credit\/Debit Card option. Fortunately, Nigerians can use peer-to-peer trading to fund their Binance accounts in Nigeria.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">Here&#8217;s how to fund Binance via Binance Peer-to-Peer (P2P):\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Login to your Binance account<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click on &#8220;P2P&#8221;. And if you don&#8217;t see this on your page, click &#8221; More&#8221; to access the Binance app service page, you&#8217;ll see &#8220;P2P&#8221; in the &#8220;Trade&#8221; section of the page<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Once on the P2P page, set your currency to &#8220;NGN (Naira)&#8221;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Next, go to the &#8220;BTC&#8221; section of the P2P page\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click &#8220;Filter&#8221; to set the parameters for your transaction\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Then, input the amount of Bitcoin you want to buy (in naira) the BTC equivalent\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click &#8220;Buy with 0 fee&#8221; to continue\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0You&#8217;ll then see the details of the order you&#8217;ve made\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click &#8220;Make a Payment&#8221; to get the seller&#8217;s payment details. Alternatively, you can click the &#8220;Chat&#8221; button to contact the seller\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Here, the payment information of the seller is shown\u00a0 (Binance allows the following Nigerian banks to engage in P2P: Union bank, Zenith Bank, Access Bank, Ecobank, Fidelity Bank, FCMB, GTBank, Keystone Bank, First Bank of Nigeria, Sterling Bank, Stanbic Bank and Stanbic Bank)\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Complete the payment, then click &#8220;Transferred, notify seller&#8221;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The seller would be notified and the Bitcoin will be released when the seller confirms the payment\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">After the seller releases the Bitcoin, it&#8217;ll reflect in your &#8220;Funding Wallet&#8221;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0You&#8217;ve successfully funded your Binance\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">There&#8217;s &#8220;third-party payment&#8221; involving using the P2P platform to buy cryptocurrency from other Binance users, but in this case, their payment information is not consistent, for example, a different name or different country of residence. So, when you come across any disparity, take it as a red flag to discontinue the transaction.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">NB: Just as we chose to fund the Binance account with BTC, you can also select to buy stable coins like Ethereum and Dogecoin, to name a few.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Note, if you have an issue with the seller, for example, the seller hasn&#8217;t confirmed payment even after it&#8217;s confirmed from your end, you can click on &#8220;Appeal&#8221; to bring it to the Binance agents&#8217; notice.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h2><strong>Binance Gift Cards\u00a0<\/strong><\/h2>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Binance Gift Cards allow users to send cryptocurrency fast and without fees. When you are sent a Binance Gift Card by a friend, family member, or business partner, you receive cryptocurrency in your Binance wallet in a fast and simple way.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let&#8217;s discuss how to redeem Binance Gift Cards sent to you below:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Login to your Binance account with the app\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click on your &#8220;Profile&#8221; on the homepage\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Then, click &#8220;Gift Card&#8221; to access the Gift Card Marketplace<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Click &#8220;Redeem Binance Card or Code&#8221;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enter the Redemption Code of the Binance Gift Card and click &#8220;Redeem&#8221;\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Immediately, your Binance wallet will be credited with the funds.\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance offers its users across the globe the privilege of trading cryptocurrencies, as well as storing their electronic funds in &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How to Fund Binance in Nigeria\u00a0\" class=\"read-more button\" href=\"https:\/\/nigerianfinder.com\/how-to-fund-binance-in-nigeria\/#more-294745\" aria-label=\"More on How to Fund Binance in Nigeria\u00a0\">Read more<\/a><\/p>\n","protected":false},"author":2534,"featured_media":294746,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3093],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/nigerianfinder.com\/wp-content\/uploads\/2022\/12\/How-to-Fund-Binance-in-Nigeria-.jpg","jetpack_shortlink":"https:\/\/wp.me\/p6w1sx-1eFX","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/294745"}],"collection":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/users\/2534"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/comments?post=294745"}],"version-history":[{"count":2,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/294745\/revisions"}],"predecessor-version":[{"id":294750,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/294745\/revisions\/294750"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/media\/294746"}],"wp:attachment":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/media?parent=294745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/categories?post=294745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/tags?post=294745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}