Topic: Kucoin suspended P2P in Nigeria - page 3. (Read 393 times)

To be frankly speaking, It's really sad to see our Naira (NGN) p2p trading pairs been removed from reputable exchanges every single day. I really don't know what we did to deserve all this from this present administration. But however, one thing for sure is that no matter how this administration tries to fight and eliminate Bitcoin by all means, they can never force me to prefer fiat over Bitcoin when it comes to long term investment. I'm a die fan of Bitcoin, and I shall remain a die fan of Bitcoin. So the earlier our government understand that the youths of now our days have chosen the part of Bitcoin over fiat, the better for them. And thank God for the anonymousity Bitcoin grants us, because who knows what they would have done to us, had Bitcoin been transparent.

This didn't come as a surprise to me, I already know that this is going to happen, after binance removed their naira p2p I already know that the next people the government will be sanctioning is kucoin, it has happened and we should expect more, I don't know what the government stands to gain in this, if there purpose of sanctioning all this exchange companies is to help naira to appreciate in both the parallel and black market, I think such action of theirs is trial in furtility, many exchange company do exist so we should carefully research about the ones we like and chose from their, this is a clear indication that the government doesnt encourage crypto business here.
Naira will only appreciate if the right approach is been practice or used to tackle the matter at hand, as Nigerians we know that the government are not getting it right, an underdeveloped nation do not fight innovation or technology instead they embrace it and figure out ways it can benefit their country, naira does not have value we know that already, so what next, have the government been able to workout modalities in solving this menace without throwing blames for know reason, no matter how they try to frustrate bitcoiners and crypto business in the country, we wont give up, we will keep doing what we know how to do the best without distraction.

The exchange just did not announce it but naira P2P on the exchange has been removed. It has been removed and we know that our government and regulators are the ones responsible for it.

This is no longer funny anymore as I also woke up to same notification this morning, it is now clear that the government is mean in their decisions to clampdown on cryptocurrency exchange platforms but my question is how long will they continue to fight cryptocurrency even when they know that they can not completely succeed but however even if they clampdown the whole exchanges i trust Nigerians because they can convert their crypto to USDT and other tokens then accumulate it to some huge amount afterwhich they can convert it to other country's currency and still make use of it abi you dey whine Nigerians?

My brother, as I see this ur thread, the first thing I go check na my kucoin account and if I fit transact, bro their reply is; your can't perform this trade due to country or region, I just wonder which kind government we get as a country,  other countries problem dy totally different, but our own problem na man made problem,  bad bad leadership up and down.

Though e fit still be network wahala because no announcement has been made, but if truly say kucoin don leave the Nigerian market, then no be good news at all, because wetin I just observe from this present government administration is that them dy only pursue policies wey go hit the common man hard, I no know if anyone dy also see am like that.

woke up this morning and I decided to check rate as usual to see what's going on, only to my surprise, I couldn't find NGN/USDT and other trading pairs. It seems the Nigerian Security exchange commission are pushing hard and want to kill the p2p market in Nigeria. No official announcements yet but I can confirm from other people and it's not showing from their end, this is not a glitch.




They will surely comes for other exchanges.