Post
Topic
Board Nigeria (Naija)
Re: OKX has stopped its p2p service for Nigerian customers
by
Cryptomultiplier
on 10/05/2024, 06:09:07 UTC
If you are an OKX user here, you must have found out by now that you can no longer trade crypto for Naira in that platform. E be like say our government don secretly warn this platform and told them to stop offering trading in Naira for Nigerians. First it was Binance, now it is OKX, i dey believe say very soon trading in Naira in centralized exchanges no go dey possible again.
The rate at which our Nigerian government dey go after crypto stuff this days is really becoming alarming and unfair to the Nigerian youths of now our days whose main source of income are either crypto trading or crypto buying and selling on these bigger exchanges,  because if you could vividly look into this case, you will notice that the real people who are into this money laundering are still the same politicians & CBN executives who are enforcing this laws. But one I know for sure be say even if government try succeed to block NGN p2p trading on all angles, Naija boys go always find a way out even if eh go cost us more fees.
My concern most times about cryptocurrency and the way the government is going about it in the country is that the officials making such drastic decisions to limit NGR P2P trading and other services of some exchanges, may be spies on many of these crypto community and even trade, HoDL or have investment that is crypto required, incase they do happen to go abroad for their shopping spree and expensive vacation and want to feel like the rich, by spending BTC or cryptocurrency for purchases during such vacations to Crypto currency countries or for conclusion of business deals that they may not want others to know so much about or keep track of, overseas.

Still, I think some centralized platforms still allow P2p trading and conversion for USDT /NGR pairs  as much as they can allow withdrawal to the same local Fintech and commercial Banks. One good one is Bybit, kucoin I think also allows NGR P2P trading and if e no work, make una try VPN weda tins go clear.