Post
Topic
Board Nigeria (Naija)
Merits 4 from 3 users
Re: NGN-USDT deposit via bank transfer and now supported on Kucoin
by
CryptoHeadlineNews
on 31/07/2023, 12:05:53 UTC
⭐ Merited by EFS (2) ,Charles-Tim (1) ,Igebotz (1)
It is Treasura that Kucoin is referring to which I saw on kucoin through the web:


When I heard "Bank transfer", I thought maybe the new deposit option initiated by Kucoin will be using the bank dollar rate of #770 currently, but mere seeing this image given above, just got me slowly discourages from giving this a try, as I see no difference between this method and the p2p, as both still uses the black market of #850 to #877 per 1usdt. Which I was thinking of giving this a try for an arbitrage opportunity.

How, I think "Remitano" also accept both bank transfer (Deposit & withdrawal) on this Naira account, which works effectively.

That is,
#10,000/11.4USDT =#877

Which means on "Treasura", 1usdt is been sold at #877