Quote from: Phoenixtrader on Today at 01:10:44 PM

Quote from: Jaycoinz on February 28, 2024, 10:42:18 PM

Well it's no news that the federal government are out to really put regulations on how cryptocurrency dealings should be operated in Nigeria and one of their main target has being binance exchange and just today we saw that binance has disabled their P2P method of trading coins for Nigerian users.

Now I see this link about binance exchange top official being detained.

https[Suspicious link removed]cutives-in-cryptocurrency-crackdown/amp/

I just dey wonder where this madness go stop with Federal government and their quest to actually track down transaction that is better left untracked and to what extent and how many exchange will they target too because I believe if dem continue this then to trade coins for naija go hard well well only of we all no migrate to using decentralized exchange to trade our coins .

The situation is not easy, but good thing is other cex p2p are still functioning. Just DYOR or someone can share their experiences.

You're right, there are other exchanges whose peer-to-peer feature still supports the Nigerian naira. I've been using Bitget exchange's P2P amidst these whole Nigerian government and Binance P2P issue.

partner.bitget.com/bg/07132L