💲Receiving Naira from Binance users in the diaspora

Hey there, for our folks who are living in the diaspora and want to send Naira to their loved ones back home, this is for you.

Mavapay money is all about getting paid in Naira in seconds, today we will be discussing how to receive Naira from Binance. Binance is the world's largest crypto exchange. They have integrated Lightning network which is the second-layer network for Bitcoin that enables ultra fast and affordable transactions.

To receive Naira from Binance users, you must generate an invoice on Mavapay. Remember an invoice is like a payment request which is valid for 5 minutes.

To create an invoice, sign in to you Mavapay Money account, click on Transactions and then hit the Create Invoice button.

Input the amount in Naira or in Sats the click Create Invoice.

Copy the lightning invoice and send to the sender so they can pay on Binance(they must pay within 5minutes).

Once you have done this, the sender will;

Log in to your Binance account and click [Wallets]

Click [BTC].

Choose Send via Crypto Network

Choose Lightning network

Paste the lightning invoice, then click Withdraw

Confirm payment.

Once this process is done within 5 minutes from when the invoice was created, the transaction will reflect in seconds. Some of our users who want to convert their Bitcoin on Binance to Naira use Mavapay to convert it to their Naira bank account. This fast method eliminates the risks associated with Peer to Peer transactions.