Sir does this happen as mistake or what because I just dey notice this post now and I decided to check it again but I noticed the selling price is higher than the buying price, why price different is it do to their negligent.
Buyers and sellers that set ads on the exchanges.are the ones that set their own price.I see arbitrage has a risky stuff because I have once texted when chipper cash was buying crypto for the first time and it favor me but the next time I try it chop almost 50% of my money. So now what I want to know is that does the price difference happen deliberately or a mistake or it happen due to the market conditions?
The only usefulness of Chipper cash is to use it like naira bank account and for recharge card. If you want to use it to convert to anything other than naira, they are like scammers. Try and look at the buy rate and sell rate of dollar on their site to see how scam thry are. Chipper Cash dollar conversion rate is not favorable. Let me show you in a screenshot:
Buy at ₦901
Sell at ₦788
Is that not like a scam?
Buy at ₦901
Sell at ₦788
Is that not like a scam?
If you are using Chipper virtual card for buying bitcoin and other cryptocurrencies, making the platform to scam you, there is nothing better than P2P for now in Nigeria.