Post
Topic
Board Nigeria (Naija)
Re: You fit trust Bureau de change operators if they start exchanging btc?
by
iBaba
on 30/10/2024, 19:16:16 UTC
Physical exchange of coins is risky and you should avoid it as well. I've seen a lot of stories on the forum where people almost get robbed or some killed because of these physical meet ups. Again, imagne these guys decide to mark your face and trace you back home to where you live. You know how the country is now, they can do anything to make twice the profits they were supposed to make. After selling imagine they come back to attack you and steal your coins. Just avoid physical exchanges as it's risky. Exchange your coins the usual way so we can all be safe.

Oboi. Nothing go fit make me to engage in any physical exchange of coins oo. Not in a place like my country self. Which insurance go cover you when you engage in such trades and it turns out negative. Imagine situation wey a bureau the change person go hand over counterfeit coins since they are oftentimes collectibles. Person fit just use fake wallets to transact with you and e fit end up as valueless. Who you go cry go meet.

Security na the second factor for here. Our security never ripe enough to withstand and fraudulent activity wey go happen during the cause of the transactions. We they get cases of robbery and other scams for the money wey we they transact now talk more of crypto currencies wey still be new? If person see say you come cash out big money, e fit send boys make them kpai you make him JAPA with the money o.