We’re Looking Into Your Compliments-Binance Assures Nigerian Investors


CHIEF Executive Officer, CEO, of Binance, Changpeng Zhao, has assured Nigerian investors on the platform the outfit is out to guarantee the security of their investment. The assurance is as contained in a letter specifically addressing its Nigerian users, titled, “Our commitment to User Protection.”


The assurance is coming following allegations by over 200 Nigerians investors complain of their inability to assess their accounts.


In the letter, Binance assured that security of users asses remains its topmost priority hence it is devoted to promoting all that is necessary to protect same.


User security remains our top priority. We love and are devoted to our Nigerian community, but we must ensure that our users are safe. As such, protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement, and account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented. This is a global approach applied in every country.”


Binance users have raised thousands of complaints particularly on social media, raised by users, bordering on the restriction placed individual accounts by Binance for weeks and months without any feedback or reason.

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