Yellow Card Announces It's Resuming Deposits and Withdrawals via the Naira – Exchanges Bitcoin News

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Yellow Card Announces It's Resuming Deposits and Withdrawals via the Naira – Exchanges Bitcoin News
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Besides enhancing the user's experience, Yellow Card will also educate Africans about cryptocurrencies through webinars and platforms like the YC Academy. cryptoeducation

Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a central bank directive forced Yellow Card to suspend deposits and withdrawals.Almost a year after suspending services following a central bank directive, crypto exchange platform Yellow Card now says it is resuming local deposits and withdrawals in Nigeria.

Similar to other crypto exchange platforms, Yellow Card was forced to stop naira deposits and withdrawals after the CBN According to Babatunde, Yellow Card too — whose users are projected to surge to 500,000 by the end of Q1, 2022 — will prioritize the safety of its users.

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