No. Binance P2P delisted every NGN trading pair on 28 February 2024, and Binance discontinued Naira deposits and withdrawals across the whole platform by 8 March 2024. Any Naira balance left on the platform was automatically converted to USDT. As of this page's last check in September 2026, that has not changed.
Nosh vs Binance P2P
: Which Should You Use in 2026?What you can do on Binance P2P and Nosh, plus an in-depth breakdown on how they are similar, and how they differ.
Summary: Binance ended all Naira services in 2024, so Nigerian users can’t deposit or withdraw Naira directly. Binance P2P still supports Cedis in Ghana. Globally, it remains a major crypto exchange with 300M+ users and 350+ coins. With Nosh, you can convert crypto to Naira & Cedis directly.
Nosh vs Binance P2P: The Side-by-SideNosh vs Binance P2P: The Side-by-Side Comparison
A broad spectrum of the features offered by the two brands.
Binance P2PNosh
Naira (NGN) P2P tradingNot offered since 28 February 2024Yes
Naira deposits or withdrawalsNot offered since March 2024Yes
Cedis (GHS) P2P tradingYes, still listed and activeYes
Crypto trading beyond sellingYes, staking, spot & futures trading, automated investmentNo, just crypto to cash
Gift cardsBuy gift cardSell gift card, Buy gift card
Coins listed350+13 coins
Airtime, data, utility bills, and eSIMNot offeredYes
Payout currencyOver 60 fiat currenciesNaira, Cedis or USD
Global scaleWorld’s largest crypto exchange by trading volumeNot published
Nosh vs Binance P2P: Feature by Feature
Pick a feature to see how the two compare on it.
Comparing Crypto to Cash
FactorBinance P2PNosh
Convert crypto to cashYes, over 400 cryptocurrencies13 coins
Trading methodpeer-to-peer (middleman involved)Direct conversion
Payout currency400+ cryptocurrencies, 60 fiat currenciesNaira, Cedis, or USD
Crypto walletYes, spot wallet, funding wallet, futures wallet, margin walletYes, to receive
Payout speedDepends on buyerMinutes after on-chain confirmation
What our users are saying
Honestly it's been 4yrs now that I've been using Nosh, I have never experienced any kind of issues, they are literally the best trading app so far.
Best app for redeeming gift cards with good customer service and good rate.
Best trading app. Fast, good rate, trusted. NOSH APP or nothing.
Absolutely the best gift card platform! Fast, reliable, and easy to use. Transactions are smooth, rates are great, and customer support is always responsive.
Our Verdict on Nosh vs Binance P2P
For Nigerian users, Binance isn’t really an option for crypto conversion since it no longer supports Naira deposits or withdrawals. In Ghana, it’s a more relevant alternative because crypto to Cedis is available. Beyond that, Binance is built for deeper crypto trading, while Nosh combines crypto with gift cards, bills and other everyday services.
Converting Crypto to Cash on Nosh
1
Get the app.
Download the Nosh app. Sign up and verify your identity in a few steps. Fund your wallet if you haven't.
2
Choose a coin and enter the amount
Select the coin you want to sell, enter the amount and send it to the wallet address shown.
3
Your Fiat Wallet Gets Credited
Once the transaction is confirmed, your Naira or Cedis wallet is credited.
Converting Crypto to Cash on Nosh
1
Get the app.
Download the Nosh app. Sign up and verify your identity in a few steps. Fund your wallet if you haven't.
2
Choose a coin and enter the amount
Select the coin you want to sell, enter the amount and send it to the wallet address shown.
3
Your Fiat Wallet Gets Credited
Once the transaction is confirmed, your Naira or Cedis wallet is credited.
What People Also Ask About Nosh and Binance P2P
Nigeria's SEC had declared Binance's local operations unregistered, and the Central Bank of Nigeria accused the platform of contributing to the naira's devaluation, alleging around $26 billion in unverifiable flows through Binance Nigeria in 2023. Two Binance executives were detained in Nigeria in February and March 2024. Binance discontinued its NGN services during that period, and Nigeria's legal cases against it were still active as of mid-2026.
Partially. Nigerian users can still log in, trade crypto to crypto, and withdraw crypto to an external wallet. What they cannot do is deposit or withdraw Naira, or trade Naira on P2P. Binance's website has also been restricted by Nigerian ISPs since February 2024, though the mobile app has generally stayed reachable.
Yes, based on what we found. Cedis remain listed on Binance P2P, and we found no equivalent restriction to what happened in Nigeria. Funding methods include bank transfer, card and mobile money.
For selling a gift card or cashing out to Naira in Nigeria, yes, because Binance P2P cannot do either right now. For actively trading crypto across hundreds of coins, no, Binance is the far larger platform and Nosh does not try to compete with that.
Yes, and for Nigerian users this is close to the only way to use both together: hold and trade crypto on Binance, then move it to Nosh to convert to Naira, since Binance itself cannot do that conversion for you anymore.
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Disclaimer
Who wrote this? This comparison was written and published by Nosh (usenosh.com). Nosh competes directly withBinance P2P. We have tried to be accurate and to show where Binance P2P is ahead, but you should read this as a comparison published by an interested party, not as independent research.
Why did we do this? We regularly review and compare industry players to understand the market and identify ways to improve our services. This page shares our findings based on our research and observations.
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