Binace contribution to naira fall. - page 2.

Charles-Tim

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Quote from: Nangiconference on March 06, 2024, 12:30:25 PM

Do you know that as at Monday it was around 1530. If u open the link you will also see the percent of increment.
I still stand to be corrected boss!

Likely I did not really understand how you construct that Pidgin. But let me tell you what happened, probably maybe that is what you meant also.

NCC told network providers to make Nigerians not to be able to access Binance website. Naira has began to increase in price at the time. Dollar decreased from almost 1900 to around 1400 to naira. It increased to around $1530 when I noticed Binance disabled the P2P few days ago. Binance announced yesterday (5th of March) that they will discontinue all naira services but dollar to naira is still around 1600.

Zanab247

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Dis government need help from d youths, so dat dey will open d eyes of d government on how to make money from decentralized currency to improve their economy but d government begin to see cryptocurrency exchange as d problem to Nigeria economy and dey ignored corruption which is d major causes of all those hardship people are passing through in d country today.

March 8 is very near for binance to separate from Nigeria currency so dat we will see who d government will b pointing at, I know dat dey will surely points at internet dat is d problem of Nigeria, u can only experience such thing from old mentality.

Nangiconference

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Quote from: Charles-Tim on March 06, 2024, 12:22:39 PM

Quote from: Nangiconference on March 06, 2024, 12:14:11 PM

Now dem say naira wey bin do Dy rise for like straight 3 days now don Dy fall again because Binance announce say dem go seize operation for nigeria thereby turning off the naira feature.

It is a lie. US dollar to naira just now is around $1600.

Do you know that as at Monday it was around 1530. If u open the link you will also see the percent of increment.
I still stand to be corrected boss!

Charles-Tim

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Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

Quote from: Nangiconference on March 06, 2024, 12:14:11 PM

Now dem say naira wey bin do Dy rise for like straight 3 days now don Dy fall again because Binance announce say dem go seize operation for nigeria thereby turning off the naira feature.

It is a lie. US dollar to naira just now is around $1600. So how is naira price appreciating against dollar? What I noticed that is happening recently is that naira is less volatile to dollar but its price slightly depreciated. Maybe it is naira that is depreciating in price or maybe it is dollar that is rising in price, I do not know. But the fact is that naira still depreciates in price to dollar recently.

Nangiconference

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Our government know the right thing to do but no Dy do am if at all dem wan do am dem go do am when problem don burst. Dem come Dy attribute naira fall to forex. Dem first of all, ban crytocurrency later come unban am, dem mandate banks to close all dollar accouts of their customers, dem come instruct telecommunications to restrict the access to binace websites, when binace officials come Nigeria to address the issue dem come arrest dem seize their international passports, e b like say dem bin Dy play dem come tell Binance to pay the sum of $10bn as compensation.
Now Binance on the contrary don
1. stop services in Nigerian Naira amid crackdown on crypto exchanges
2. Binace ask Nigerians to withdraw Nigeria assets as it ends service in nigeria.
3. Give warning to quit operations in Nigeria on march 8.

Now dem say naira wey bin do Dy rise for like straight 3 days now don Dy fall again because Binance announce say dem go seize operation for nigeria thereby turning off the naira feature.
https://www.mynigeria.com/NigeriaHomePage/business/Naira-ends-three-day-winning-streak-against-the-dollar-after-Binance-shuts-down-feature-leaves-Nigeria-726792?gallery=1
I wonder the face of our government for Binance front. I say make I update Una.

Topic: Binace contribution to naira fall. - page 2. (Read 272 times)