Naija Novice Hangout {Newbies introduction & Orientation} Thread. - page 105.

CryptopreneurBrainboss

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Quote from: Charles-Tim on July 28, 2022, 02:05:31 AM

Quote from: Wiwo on July 28, 2022, 01:50:03 AM

I don't know why kuda microfinance bank is not on the list because kuda is the most loved bank for binance p2p traders because of the bank unique services and zero fees.

That is correct. I saw K bank, but I do not know if it is Kuda bank, most of the banks are having no or just one or few ads, K bank have none just like some other banks listed, so I am not able to confirm if it is actually Kuda bank or not.

Edit:
Kuda not among. Very bad.

Binance like to dey do business with more established institute which is why many microfinance banks aren't listed. Kuda isn't the only micro finance bank not listed.

E get one problem wey peer2peer traders been dey get which is reversal of transaction. I know how many appeal I get when I been actively dey trade there so I understand why binance dey bring all this new innovation. E get traders self wey dey like make you use same banks as the one dem dey send from because I don't think you can ever experience reversal while some banks don't allow sending of Kobo.

Sha I understand our banking system no perfect but no body go choose inter bank transfer over the same bank transaction excluding all this microfinance banks.

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Quote from: CryptopreneurBrainboss on July 28, 2022, 01:33:55 AM

They fit done get the reason wrong why the banks were added but dat one no mean say more banks weren't added which then no make am any fake news although still no understand why their article was deleted. Also I dun run transaction wey dem reject me because I dey use access bank, that time wey access bank dey disturb and it's advisable the not to submit another bank or trade to another bank not official linked to the Binance P2P platform.

I get your point, you are right. At least, new banks are added, if truely they are added though, I have not noticed this for long and I can not still even go for the option for p2p trade.

Quote from: CryptopreneurBrainboss on July 28, 2022, 01:33:55 AM

I think want this new development means is that now you can select to trade with just a specific bank like I want the trade access to access since the transaction will be faster as it's internal bank transaction instead of external like First bank to Access Bank.

I understand and you are right, but that does not guarantee faster transaction. Inter bank transactions are also fast, sending naira within the bank users can also be slow or not even connecting at all for sometimes in a way the sender will not be able to send money at all.

Quote from: Wiwo on July 28, 2022, 01:50:03 AM

I don't know why kuda microfinance bank is not on the list because kuda is the most loved bank for binance p2p traders because of the bank unique services and zero fees.

That is correct. I saw K bank, but I do not know if it is Kuda bank, most of the banks are having no or just one or few ads, K bank have none just like some other banks listed, so I am not able to confirm if it is actually Kuda bank or not.

Edit:
Kuda not among. Very bad.

Quote from: https://diutocoinnews.com.ng/binance-p2p-nigeria-payment-method/9324/

Binance added 21 banks across the African continent; however, 12 or 57% of those banks are Nigerian banks which include: Access Bank, Ecobank, Fidelity Bank, First Bank of Nigeria, FCMB, GTBank, Keystone Bank, Stanbic Bank, Standard Chartered Bank, Sterling Bank, Zenith Bank, Union Bank of Nigeria. This suggests that a chunk of Binance’s P2P volume comes from the country.

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Quote from: Charles-Tim on July 28, 2022, 01:22:55 AM

I have not noticed that payment method for long time ago, I have seen some banks listed there directly, but offers are so limited if click on a bank directly unlike if you click on 'bank transfer' or 'all' which bring up more ads.

Some of the listed bank have long history of transaction delay and high fees charges, and that make them not appealing to passive traders on binance. In a couple of instance I don't honored orders from banks such as access bank or first bank, I don't know why kuda microfinance bank is not on the list because kuda is the most loved bank for binance p2p traders because of the bank unique services and zero fees.

Quote from: CryptopreneurBrainboss on July 28, 2022, 01:33:55 AM

The news talk say new banks were added, how's that fake news when if you check the option now we have option to select specific banks you want to transaction with instead of the initial option of giving you list from all bank. The news also said majority of the banks were Nigerians and from looking at the option you can comfim that. The news here is that more banks were added as the title said and that's not wrong.

They fit done get the reason wrong why the banks were added but dat one no mean say more banks weren't added which then no make am any fake news although still no understand why their article was deleted. Also I dun run transaction wey dem reject me because I dey use access bank, that time wey access bank dey disturb and it's advisable the not to submit another bank or trade to another bank not official linked to the Binance P2P platform.

I been here something last time, say binace want open office for 9ja soon so may that is why dem dey try to add some 9ja banks to the list of their p2p transactions to make things easy for 9ja traders and also generate more bank customers, but again I hope this move no go bring problem for users sake of say 9ja still never give cryptocurrency free hand to operate even though large portion of the population mostly youths still trade crypto using p2p, just like brainboss said person needs to be careful and to only use the listed bank by Binance since Binance should already have an understanding with those banks before enlisting into binance p2p payment method.

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Quote from: Charles-Tim on July 28, 2022, 01:22:55 AM

I have not noticed that payment method for long time ago, I have seen some banks listed there directly, but offers are so limited if click on a bank directly unlike if you click on 'bank transfer' or 'all' which bring up more ads.

The news talk say new banks were added, how's that fake news when if you check the option now we have option to select specific banks you want to transaction with instead of the initial option of giving you list from all bank. The news also said majority of the banks were Nigerians and from looking at the option you can comfim that. The news here is that more banks were added as the title said and that's not wrong.

They fit done get the reason wrong why the banks were added but dat one no mean say more banks weren't added which then no make am any fake news although still no understand why their article was deleted. Also I dun run transaction wey dem reject me because I dey use access bank, that time wey access bank dey disturb and it's advisable to not to submit another bank or trade to another bank not official linked to the Binance P2P platform.

I think want this new development means is that now you can select to trade with just a specific bank like I want the trade access to access since the transaction will be faster as it's internal bank transaction instead of external like First bank to Access Bank.

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Quote from: Davidvictorson on July 27, 2022, 06:27:35 PM

It would have been better if the government had made naira a strong currency, Nigerians that know about bitcoin and other cryptocurrencies do not believe in naira as it makes savings more of lower value as the purchasing power decreases more over time. Can you see the rate of stable coins p2p trade? Which indicates that crypto oriented Nigerians even prefer their money to be in stable coins pegged with dollar which is still fiat.

Naira devaluation should more be linked to poor GDP (if compared to population), low exports, high imports, poor refineries, poor technology advancement.

Quote from: CryptopreneurBrainboss on July 27, 2022, 11:22:15 PM

Can't be fake news but might be old news or maybe binance dey keep am on the low na him make https://nairametrics.com/ delete this post. As I read am earlier for their site. If you check Binance P2P, option dey to select the bank you wan use trade.

I have seen some banks listed there directly, but offers are so limited if click on a bank directly unlike if you click on 'bank transfer' or 'all' which bring up more ads. But checking the ads directly using 'all' or 'bank transfer' which bring out more offers, the banks are not displayed.

As we know too, express can not make use of that and if someone want to make fast p2p transaction, they prefer to just sharply go for express.

Maybe the news is not fake though, but because of these above, the news sound fake as it is referring to fast transaction if the ads are included but which is not, it can not even be used for express.

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Quote from: Coyster on July 27, 2022, 02:27:18 PM

Boss oh, i don click the link wey you bin drop to the news, but i no fit find am, them they yarn say 'page not found', you dy experience the same issue from your own end?

My brother as your talk na so I check but page not found as well although google no dey disappoint so I search am and this information wey dey for the screenshot below come out. Me I dey wonder why dem go take am down as if you search for binance P2P method you go see this banks listed.

Quote from: Charles-Tim on July 27, 2022, 03:17:30 PM

It would have been better if the link to what Binance argued about was included but was not. Please, can you provide any Binance link regarding this? I couldn't find any on google which makes me to doubt it to be a fake news.

Can't be fake news but might be old news or maybe binance dey keep am on the low na him make https://nairametrics.com/ delete this post. As I read am earlier for their site. If you check Binance P2P, option dey to select the bank you wan use trade.

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Crypto Trades Drive Naira to New Low in Unauthorized Market
I read this very interesting article on Bloomberg about our weakening currency. As we know the our naira is now 710 to the USD. One of factors that has been attributed to this is that there are more Nigerians accumulating cryptocurrencies to protect themselves from weakening naira. An instance according to the article is that as at today (27/07/2022), Binance platform showed that Nigerians had conducted $103,691 of trades in digital currencies in the 24 hours to 10.36 a.m. when compared to the $185 million of Bitcoin Nigerians traded on the platform in the first three months of the year.

This Twitter user helped to explain what is happening

So essentially, importation in crypto trade is when Nigerians are according to Gwadabe¹, buying dollars to purchase digital assets. I know that oga Godwin Emefiele made some bad calls that has got us into this mess however, I would love to know what you guys thiink as folks in the Nigerian Crypto community.

1. https://www.bloomberg.com/news/articles/2022-07-27/crypto-trades-contribute-to-naira-s-dive-in-unauthorized-market?utm_source=dlvr.it&utm_medium=twitter

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Quote from: Smartvirus on July 27, 2022, 03:28:57 PM

Quote from: Charles-Tim on July 27, 2022, 03:17:30 PM

Quote from: https://diutocoinnews.com.ng/binance-p2p-nigeria-payment-method/9324/

Binance argues that by using a specific local bank or e-wallet in the advertisement as a payment method before picking P2P users to transact with, it will reduce the possibility of disruptions since the counterparties can see in advance which bank is the preferred one for you to pay or receive money. Binance stated, “This will help avoid inter-bank delays and fees.”

I checked Binance and I did not see any bank among p2p users that Binance added in advance (which means we should be able to see it directly on their ads, but I couldn't see anything). Even if added, how would it stop delay?

This na milestone way Remitano been don archive since and I dey wonder how come binance just dey realise say, e actually help that way. Many discrimpancies no go dey via say, some banks no dey too agree. I know say, me, i dey often get issue with first bank customers. I no know if na just my account e dey do o but, if I wan push money give first bank account, chances dey always dey say, i fit get wahala. So, by introducing this pattern for the p2p trades them, e go help to trim unnecessary procedure way go make person dey talk too much. Make person for understand when, the other party wan bring cunny man sense put inside the p2p business.

My brother na this kind wahala I dey always run enter with Ecobank during binace p2p. If I mistakenly do transaction for weekend, e no go ever reflect till Monday and before I notice I son already dey get poor rating for Binance app. E happen to me one day to the extent that e no even reflect for my statement of account and binance come relax my coin give the other party. My brother I gas rely on God for my 34k to drop.
Even the Monday I gas follow them up till evening na him the money drop. If them list banks e go make sense shaa. E go just dey semi-automated.

Charles-Tim

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Quote from: Smartvirus on July 27, 2022, 03:28:57 PM

This na milestone way Remitano been don archive since and I dey wonder how come binance just dey realise say, e actually help that way. Many discrimpancies no go dey via say, some banks no dey too agree. I know say, me, i dey often get issue with first bank customers. I no know if na just my account e dey do o but, if I wan push money give first bank account, chances dey always dey say, i fit get wahala. So, by introducing this pattern for the p2p trades them, e go help to trim unnecessary procedure way go make person dey talk too much. Make person for understand when, the other party wan bring cunny man sense put inside the p2p business.

As a p2p trader, we are all familiar with the banks that do not alert early (I am not saying people should depend on alert, sellers need to check there bank account balance to be certain that the buyer actually make payment). We know the banks that do have network problem often. Some p2p traders even include such bank on the p2p message page for the seller to see, that they do not pay into certain bank. P2p traders knows the bank to use for easy, fast and excellent transactions.

Any bank can have a network problem, how can this solve such problem when the banks are included in the ads? At least, I had some p2p transactions in the past that I later had to provide another bank account details. In my opinion, there is nothing bad to add the banks in advertisement, it is even good, but I do not see it that useful if Binance did not add it. Just good to always check your p2p message page if you want to sell or buy crypto or naira.

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Quote from: Charles-Tim on July 27, 2022, 03:17:30 PM

Quote from: https://diutocoinnews.com.ng/binance-p2p-nigeria-payment-method/9324/

Binance argues that by using a specific local bank or e-wallet in the advertisement as a payment method before picking P2P users to transact with, it will reduce the possibility of disruptions since the counterparties can see in advance which bank is the preferred one for you to pay or receive money. Binance stated, “This will help avoid inter-bank delays and fees.”

I checked Binance and I did not see any bank among p2p users that Binance added in advance (which means we should be able to see it directly on their ads, but I couldn't see anything). Even if added, how would it stop delay?

This na milestone way Remitano been don archive since and I dey wonder how come binance just dey realise say, e actually help that way. Many discrimpancies no go dey via say, some banks no dey too agree. I know say, me, i dey often get issue with first bank customers. I no know if na just my account e dey do o but, if I wan push money give first bank account, chances dey always dey say, i fit get wahala. So, by introducing this pattern for the p2p trades them, e go help to trim unnecessary procedure way go make person dey talk too much. Make person for understand when, the other party wan bring cunny man sense put inside the p2p business.

Charles-Tim

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Quote from: CryptopreneurBrainboss on July 26, 2022, 10:53:47 PM

Discussion: Binance adds 12 Nigerian banks to its Peer-to-Peer platform
Link: https://nairametrics.com/2022/07/26/binance-adds-12-nigerian-banks-to-its-peer-to-peer-platform

It would have been better if the link to what Binance argued about was included but was not. Please, can you provide any Binance link regarding this? I couldn't find any on google which makes me to doubt it to be a fake news.

Quote from: Coyster on July 27, 2022, 02:27:18 PM

Very possible it could be a fake news. Let us see if there is any Binance declaration about this just like when naira fiat/naira p2p trading pair was added Some months ago, last year. We can see on the news that Binance argued...which means there should be a link about that from Binance directly.

Quote from: https://diutocoinnews.com.ng/binance-p2p-nigeria-payment-method/9324/

Binance argues that by using a specific local bank or e-wallet in the advertisement as a payment method before picking P2P users to transact with, it will reduce the possibility of disruptions since the counterparties can see in advance which bank is the preferred one for you to pay or receive money. Binance stated, “This will help avoid inter-bank delays and fees.”

Quote from: https://diutocoinnews.com.ng/binance-p2p-nigeria-payment-method/9324/

This new feature will help reduce the delays that occur in P2P transactions, especially when it comes to intra-bank transactions.

To be sincere, I did not even yet understand what the news is all about, what delay? If there is any delay, the buyer can message the seller to provide another bank details.

I checked Binance and I did not see any bank among p2p users that Binance added in advance (which means we should be able to see it directly on their ads, but I couldn't see anything). Even if added, how would it stop bank delay?

uchegod-21

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E don stay like 3days I never show face for the forum or for this our thread. I see say pages don waka enter 2 and some topics like out Amason wey make us proud for international level don dey discuss. Correct one my people.
CryptopreneurBrainboss carry important matter enter about Binance and listing Nigerian banks for p2p.

Before we go talk whether we like the company or not, where Nigerian law about banks not involving in cryptocurrency come go? This country dey surprise me everyday shaa.

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My eyes just capture something i say make i share here maybe you fit don hear am before sha but abeg i wan ask if Elon Musk na really Human?
building a hotel in Mars Set to Launched by 2025 but not certain. Na this kind things i like to dey hear to keep man alive no be everytime country whahala, loot here, loot there ect, man ear don full for bad news Angry

.

Source link: https://edition.cnn.com/travel/article/space-hotel-orbital-assembly-scn/index.html

Abeg if this post don come here before our no. 1 fit delete am.

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Quote from: CryptopreneurBrainboss on July 26, 2022, 10:53:47 PM

<...>

Boss oh, i don click the link wey you bin drop to the news, but i no fit find am, them they yarn say 'page not found', you dy experience the same issue from your own end? I dy wonder this one wey them don take down the news, na legit info wey im be? I they curious to know, because i they aware say our government don ban our banks make them no they process crypto transactions again, i come they wonder how Binance take add these 12 banks, how the thing go take work. I go appreciate am if you fit clarify me on wetin i they think so.

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Quote from: Igebotz on July 27, 2022, 12:39:32 PM

Learning multiple languages is very important, it gives you an advantage during Visa application, you do not have to master and be fluent, just learn the basics, learn one language from Asia, and maybe two from Europe, Indonesia and Japanese are not difficult to learn if you really want to learn but both are very important, then you mix am with French and Russia, with all of this you can travel and feel safe.

I dey Asia, come and join me... Grin

if una burn the country where we go call home. Abeg ooo.

OK but I don't think using Google app could help fast in learning the languages, one needs a perfect tutor and of course a practicing partner for quick adaptation.
See na the place wey you dey be your home 😂 nothing like home wey our grand parents made us to believe. Na when you want me to join you? Everything on top your head ooo 😂 my feeding and accommodation

Igebotz

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Quote from: Yawa2020 on July 27, 2022, 05:51:43 AM

Quote from: Igebotz on July 27, 2022, 05:40:33 AM

You should always provide source to your claim I'm not saying it false, at least some.of us go like read the full News, you know plenty of propaganda full now and we don't know what else to believe. Next election no go easy, make una prepare international passports and start leaning multiple International languages now. Apps full for google play store wey go help. In case the country turn anyway you guys can japa Grin

I dey learn German and Italiano current, na those two places mind to cross.

I hope the BB9ja is not distracting anything at home though especially OB campaign.

😂😂😂 Boss you no get joy. But come to think of it shey na person wey get money dey japa nah. Learning new language is not really necessary for now since you can survive with English almost everywhere. I believe we go soon understand the language once we reach that place and spend little time with them. I for like say make you prepare way for me make I come join you for where you dey boss 🙌
Nigeria youth Don wise now, we dey use one mind watch BBN and the other mind for 2023. Is either we make the country better or we burn down the country make everybody start afresh 😂

Learning multiple languages is very important, it gives you an advantage during Visa application, you do not have to master and be fluent, just learn the basics, learn one language from Asia, and maybe two from Europe, Indonesia and Japanese are not difficult to learn if you really want to learn but both are very important, then you mix am with French and Russia, with all of this you can travel and feel safe.

I dey Asia, come and join me... Grin

if una burn the country where we go call home. Abeg ooo.

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Quote from: Agbe on July 26, 2022, 10:56:57 AM

Quote from: Marykeller on May 31, 2022, 10:48:41 AM

APC 2023 Presidential Race no go be small matter. APC get about 23 aspirant wey d come out under the part.

The whole North get about 4 aspirants (With 1,257 delegates)
The whole South come get about 19 aspirants (With 1,068 delegates)
NW- 2 aspirants
NC- 1 aspirant
NE- 1 aspirants
SE- 8 aspirants
SW- 7 aspirants
SS- 4 aspirants

APC cabals wan style remove Tinubu and Rochas Okorocha from the presidential race of the party. The screening committee d accuse Tinubu age and certificate forgery and having a drug case with the UK.
Efcc d accuse Rochas of 5 billion fraud. He bailout is 1.5billion naira.
All this their katakata na to remove the strong two founders of the party cos they stand a better chance of winning the APC presidential primary race.
Make we see how dia own matter go be. PDP don display their dollars bills for buying delegates

Tinubu is on life support. He almost collapse after the Osun State election. Tinubu's VP is very vibrate while He, the presidential candidate is sick so the plan is to channel the president back to if Tinubu could meet to the end. Obasenjo did to them so they are here to avenge for it. Yoruba people should be wise up.

Very funny tinubu said said is 69 while is daughter be 61 abeg when tinubu start born bikin to me that dude na scammer still hire fake bishops imagine this dude fit do all this things waiting him get to offer this country e no go easy for them because everybody done tire for this there APC even buhari done tire there favorite quote from top to bottom , I think naija they the age of reformation he go soon clear in God we trust.

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Quote from: Wiwo on July 27, 2022, 04:43:35 AM

Quote from: CryptopreneurBrainboss on July 26, 2022, 10:53:47 PM

Discussion: Binance adds 12 Nigerian banks to its Peer-to-Peer platform
Link: https://nairametrics.com/2022/07/26/binance-adds-12-nigerian-banks-to-its-peer-to-peer-platform

Quote

Binance, the world’s largest cryptocurrency by volume of transactions, just announced that it added 12 Nigerian banks to its Peer-to-Peer (P2P) platform in a bid to reduce the possibility of disruptions during the process of P2P transactions.

Binance added 21 banks across the African continent; however, 12 or 57% of those banks are Nigerian banks which include: Access Bank, Ecobank, Fidelity Bank, First Bank of Nigeria, FCMB, GTBank, Keystone Bank, Stanbic Bank, Standard Chartered Bank, Sterling Bank, Zenith Bank, Union Bank of Nigeria.

I understand say many people here dey use binance exchange for their trading and cashing out to Naira through P2P, una dun see this update and if yes how the P2P trading dey for that platform and how this new update go help. Anybody dun get any issue using the platform and any cons for binance P2P exchange side wey you dun experience to advise or discourage anybody form using the exchange?.

Recently I come dey use binance and ever since then I never experience any kind wahala for the platform, and this one were binance announced this bank things so as we all know the kind behavior were banks get for cryptocurrency and how Central bank been dey use some of those banks to track crypto owners 4 we country, I for like see other banks were get more crypto friendly and flexible service charges e.g Kuda micro finance bank for the list. Make I no lie I no fit use any of those banks for p2p transaction on binance because of there charges. But in totality I see say an good development atlist commercial banks for Nigeria done dey open eye sake of say large portion of their revenue dey come from constant transactions which traders on binance and other p2p exchange come highest, so the banks just want encourage usage of they bank for trading. But this thing make more sense if banks go lower or cancelled transaction fees like waiten kids bank dey do so.

The P2P trading wey I hear say binance open go help Nigerian banks the more in their cash flow transactions and even for naija here banks make more money from transactions wey people dey do as them dey comot fees sharp sharp. Now wey be say P2P trading don com for binance, na more cash for the banks but I hope our government no go still begin choke eyes enter dere say na crypto men dey trade and convert to Naira. The government no sabi how much money dey enter the economy through cryptocurrency.

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Quote from: CryptopreneurBrainboss on July 26, 2022, 10:53:47 PM

Discussion: Binance adds 12 Nigerian banks to its Peer-to-Peer platform
Link: https://nairametrics.com/2022/07/26/binance-adds-12-nigerian-banks-to-its-peer-to-peer-platform

Quote

Binance, the world’s largest cryptocurrency by volume of transactions, just announced that it added 12 Nigerian banks to its Peer-to-Peer (P2P) platform in a bid to reduce the possibility of disruptions during the process of P2P transactions.

Binance added 21 banks across the African continent; however, 12 or 57% of those banks are Nigerian banks which include: Access Bank, Ecobank, Fidelity Bank, First Bank of Nigeria, FCMB, GTBank, Keystone Bank, Stanbic Bank, Standard Chartered Bank, Sterling Bank, Zenith Bank, Union Bank of Nigeria.

I understand say many people here dey use binance exchange for their trading and cashing out to Naira through P2P, una dun see this update and if yes how the P2P trading dey for that platform and how this new update go help. Anybody dun get any issue using the platform and any cons for binance P2P exchange side wey you dun experience to advise or discourage anybody form using the exchange?.

My friends de call am bias, but i get certain accounts weh ah sabi for binance p2p weh before meffy start hin wahala, so ah no de get problem for that platform at all. if my fav merchant been no de, na to sell order give vendors with 3000+ transactions and 98% max. Yet, ah don see 2 scammers before weh want make i release tooken weh ah never see alert hehe.

My modus operandi na to receive alert, send all to another account, then release tokens. i de protect my peanuts with all my strenght

Topic: Naija Novice Hangout {Newbies introduction & Orientation} Thread. - page 105. (Read 1246506 times)