Price change (24h):
0.27%
High (24h):
$0.00073193
Low (24h):
$0.00071576
Volume (24h):
$1.57K
Market Cap:
$1.69M
All Time High:
5.00% $0.00
May 31, 2026
All Time Low:
82% $0.00
May 2, 2026
Compliant Naira
CNGN0.00 %(1Y)
$0.00072328
About Compliant Naira
Compliant Naira (cNGN) is a cryptocurrency launched in 2025. It functions as a fully reserved, fiat-backed stablecoin pegged 1:1 with the Nigerian Naira.
The token digitizes the Naira for cross-border settlement, directly attacking the high cost and latency of traditional remittance corridors. It transforms the currency into a programmable asset for worldwide payments, trade finance, and commercial interactions. Settlement finality mimics the speed of a text message, at a fraction of conventional wire transfer fees.
Compliant Naira operates on the Ethereum network as a token. Native deployments also exist on Base, Lisk, Solana, and Polygon, with each chain’s security model inherited rather than replicated.
Its codebase spans multiple execution environments: ERC-20 contracts on Ethereum, Base, and Polygon, paired with an SPL token on Solana. Reserve attestations occur off-chain through the issuing entity, with on-chain supply adjustments mirroring net inflows and outflows. No autonomous consensus mechanism governs issuance; instead, mint and burn functions are tied directly to verified Naira deposits held at designated commercial banks.
The initiative originated in early 2025 through a collaborative structure of financial technology developers and Nigerian banking partners. No single founder is publicly identified; the project’s GitHub repository and corporate website reflect a collective organizational architecture. Within its launch year, cNGN rapidly secured eight active trading markets across centralized and decentralized venues.
The project’s core objective is to integrate the Naira into the digital asset economy, erasing the friction of correspondent banking and foreign exchange illiquidity. It aims to deliver a liquid, regulation-aware instrument for instant settlement, treasury management, and DeFi access. By tokenizing the fiat currency, it extends Naira utility into decentralized applications without violating local compliance mandates.
The cNGN token acts strictly as a representation of Naira deposits, conferring no governance rights or yield-bearing staking mechanisms. Its sole mechanical function is to serve as a transferable, on-chain claim on the underlying reserves, enabling atomic settlement across public blockchains. Each unit is issued pro-rata to deposits, and redeemed one-for-one, with total supply algorithmically contracting when fiat is withdrawn.
Market participants hold cNGN to settle trade invoices with Nigerian counterparties, bypassing multi-day SWIFT delays. Remittance operators disburse funds instantly into recipient wallets, while decentralized exchanges pair it against major assets to offer direct Naira liquidity. Merchants accept it as payment and convert proceeds to fiat through licensed on-ramps, collapsing settlement cycles.
Compliant Naira has a total supply of 3,331,127,370.79 tokens. Currently, 3,331,127,370.79 are in circulation. The supply is elastic, with no pre-set maximum, adjusting algorithmically as Naira reserves are deposited or redeemed. With a market capitalization of $2,392,322.00, Compliant Naira ranks #2,190 among all cryptocurrencies.
Compliant Naira Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 13/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 12/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 11/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 10/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 09/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 08/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 07/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 06/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
Why is manual trading Compliant Naira a bad idea?
Manual cngn trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
-
Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Compliant Naira (CNGN) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live CNGN price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Compliant Naira (CNGN) is $0.00072328. Over the last 24 hours, it has moved 0.27%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Compliant Naira on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your CNGN investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Stablecoins (like CNGN) are designed to maintain a stable value, usually pegged to a fiat currency like the US dollar. While their price typically stays close to the peg, they can occasionally depeg due to market stress, liquidity issues, or concerns about reserve backing.
Many traders use stablecoins as a safe haven during crypto market volatility or as a convenient way to move funds between exchanges. -
We can’t provide investment advice. Whether Compliant Naira is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. CNGN can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
