Will Di Delisting of Di naira P2P by Binance Affect Di Crypto Community in 9ja?

promise444c5

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Quote from: Mate2237 on March 10, 2024, 02:41:35 PM

And those who are into cryptocurrency in the country that using the exchange for transactions are not happy about the disagreement between the two ad the final delisting if the country currency from the exchange. So now what is the effect of this delisting of the naira p2p in the country and does it affect the cryptocurrency community in the country?

Yes or No. Elaborate your assertion.

There are no effects mate other than exposing more opportunity that could be use by the crypto investors to carry out their p2p .
Government doesn't want to admit that only 20% of the majority are into crypto, the remaining 80% ( shouldn't they be talking about how there's is a downfall in naira value), Open the boarders, resume the subsidies and find a much more secret way to deal with those behind it all.......instead they choose to attack the crypto market (Bunch of delusional clowns)

Makus

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Normally e go affect our country, be because is the biggest exchange mostly uses in the country, and many people never still dey convenient with the interface of other exchanges. Though that no be too much problem as I trust niaja, e no go Tay we go find another means. But the question wey I get to ask na besay since them delist naira for their p2p come reach now, wattin be the difference in the price of naira to dollar? The difference no even big, to some level, e just be like say nothing happen, meaning binance was not the main issues. Untill Dem tackle the main issues all wattin Dem dey do now na manipulation.

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Quote from: Mate2237 on March 10, 2024, 02:41:35 PM

And those who are into cryptocurrency in the country that using the exchange for transactions are not happy about the disagreement between the two ad the final delisting if the country currency from the exchange. So now what is the effect of this delisting of the naira p2p in the country and does it affect the cryptocurrency community in the country?

Yes or No. Elaborate your assertion.

One thing I believe humans and for this case Nigerians is that they can adapt to every situation they find themselves and that's why the Nigerian crypto community has all fled from the incident and started finding other means to substitute for this exchange and P2P trade in binance. They are currently lots of CEX out there which is also very good when it comes to trading of coins through various means even the P2P method and one of the many out there is kucoins and believe me Nigerians are flooding other exchanges currently to sell their coins.

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Quote from: Mate2237 on March 10, 2024, 02:41:35 PM

So now what is the effect of this delisting of the naira p2p in the country and does it affect the cryptocurrency community in the country?

Yes or No. Elaborate your assertion.

Actually the side effect won't really be noticed since we are in the bull run and while binance as been the top exchanges in Nigeria many also have another CEX they use and so moving to another won't really be this hard and nobody will believe any critics about cryptocurrency in the country again especially now when we are in the bull run and bitcoin just hit a new ATH and aiming to break it again after doing that last week.

Nigeria adoption will continue to grow, people all over the world are no longer being dependent about CEX, things can go side ways and the mighty exchange would fall and this was crystal clear in 2022 to 2023 to us all, moving from one exchange to another is not an issue again though we have to always remember the dangers of kyc

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I think e go affect the Nigerian crypto community in some way because Binance get the highest volume of P2P trade for awa country and dem also get the best exchange rate. The integration of P2P service for Binance bin also help reduce P2P trade scams wey bin dey frequent on social media. Like dis their exit from Nigeria na big blow, but in di mean time na to dey use Kucoin, MEXC and bisq. I just hope say one of dis exchange go use Binance exit step up and capture Nigerians hearts.

Mate2237

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Binance was one of the Cryptocurrency Exchange giant in Nigeria and if not the number one in the country and the government and it agencies have accused the exchange platform that they are manipulating the FX exchange in the country and that makes the naira to devalue and making the dollar to increase in value, so drastic steps were taking by the government and it agencies to stop the exchange and fine them with the some of 10 billion naira and the exchange also debunked the allegations and told the government that they wouldn't pay the fine and with that they have stopped operation with the Nigerian Naira in all ramifications.

And those who are into cryptocurrency in the country that using the exchange for transactions are not happy about the disagreement between the two ad the final delisting if the country currency from the exchange. So now what is the effect of this delisting of the naira p2p in the country and does it affect the cryptocurrency community in the country?

Yes or No. Elaborate your assertion.

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