Post
Topic
Board Nigeria (Naija)
Re: NGN-USDT deposit via bank transfer and now supported on Kucoin
by
Charles-Tim
on 30/07/2023, 04:30:28 UTC
The best way to convert NGN-USD is still the p2p method because it is not restricted and let's not also forget that CBN hasn't given bank access to start using crypto,so I think that it will be difficult for Kucoin to achieve their goal on easy buying of USD directly from your bank account. If this becomes possible with Kucoin,then I think that the hope of using crypto with a third party will be recognized and adopted by other exchanges.
What you regarded as P2P is the best because it has the best rate and it is of zero fee, unlike this one that this thread is about. Not about any restriction.

Quote
We are excited to announce that KuCoin now supports NGN-USDT deposit via bank transfer starting at 12:00 pm on 26 July, 2023 West Africa Time. There is no fee charged within 24 hours after launching. The fee will resume after 24 hours.

It is Treasura that Kucoin is referring to which I saw on kucoin through the web: