*Quidax has indeed listed the compliant Nigerian naira (cNGN) stablecoin on its platform. This listing occurred on March 12, 2025, following a similar move by Busha, another provisionally licensed exchange.*
The cNGN stablecoin is actually issued by a consortium of Nigerian banks and fintech companies. cNGN Stablecoin can be swapped to WBNB, Binance Coin. *With this listing, users can now send, receive, and trade the cNGN Stablecoin with WBNB cryptocurrency and exchange it into a bank directly.*
WBNB stands for Wrapped Binance Coin. It's a wrapped version of the Binance Coin (BNB) that's pegged 1:1 to the original BNB token on the Binance Blockchain.
*Here are some notable blockchains that can work with Binance Smart Chain (BSC):*
1. Ethereum (ETH)
2. Binance Chain (BNB)
3. Cosmos (ATOM)
4. Polkadot (DOT)
5. Solana (SOL)
6. Polygon (MATIC)
7. Avalanche (AVAX)
8. Fantom (FTM)
9. Harmony (ONE)
10. OKC (OKT)
Additionally, Binance Smart Chain supports cross-chain bridges, enabling interoperability with other blockchains, such as
- Bitcoin (BTC)
- Litecoin (LTC)
- Dogecoin (DOGE)
These bridges allow for seamless transfers of assets between different blockchain networks.
*Blockchain and cryptocurrency are becoming a must for every home*
The cNGN stablecoin is actually issued by a consortium of Nigerian banks and fintech companies. cNGN Stablecoin can be swapped to WBNB, Binance Coin. *With this listing, users can now send, receive, and trade the cNGN Stablecoin with WBNB cryptocurrency and exchange it into a bank directly.*
WBNB stands for Wrapped Binance Coin. It's a wrapped version of the Binance Coin (BNB) that's pegged 1:1 to the original BNB token on the Binance Blockchain.
*Here are some notable blockchains that can work with Binance Smart Chain (BSC):*
1. Ethereum (ETH)
2. Binance Chain (BNB)
3. Cosmos (ATOM)
4. Polkadot (DOT)
5. Solana (SOL)
6. Polygon (MATIC)
7. Avalanche (AVAX)
8. Fantom (FTM)
9. Harmony (ONE)
10. OKC (OKT)
Additionally, Binance Smart Chain supports cross-chain bridges, enabling interoperability with other blockchains, such as
- Bitcoin (BTC)
- Litecoin (LTC)
- Dogecoin (DOGE)
These bridges allow for seamless transfers of assets between different blockchain networks.
*Blockchain and cryptocurrency are becoming a must for every home*
*Quidax has indeed listed the compliant Nigerian naira (cNGN) stablecoin on its platform. This listing occurred on March 12, 2025, following a similar move by Busha, another provisionally licensed exchange.*
The cNGN stablecoin is actually issued by a consortium of Nigerian banks and fintech companies. cNGN Stablecoin can be swapped to WBNB, Binance Coin. *With this listing, users can now send, receive, and trade the cNGN Stablecoin with WBNB cryptocurrency and exchange it into a bank directly.*
WBNB stands for Wrapped Binance Coin. It's a wrapped version of the Binance Coin (BNB) that's pegged 1:1 to the original BNB token on the Binance Blockchain.
*Here are some notable blockchains that can work with Binance Smart Chain (BSC):*
1. Ethereum (ETH)
2. Binance Chain (BNB)
3. Cosmos (ATOM)
4. Polkadot (DOT)
5. Solana (SOL)
6. Polygon (MATIC)
7. Avalanche (AVAX)
8. Fantom (FTM)
9. Harmony (ONE)
10. OKC (OKT)
Additionally, Binance Smart Chain supports cross-chain bridges, enabling interoperability with other blockchains, such as
- Bitcoin (BTC)
- Litecoin (LTC)
- Dogecoin (DOGE)
These bridges allow for seamless transfers of assets between different blockchain networks.
*🌏Blockchain and cryptocurrency are becoming a must for every home*
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