The rate at which the naira is dropping is alarming and I'm really worried. So I've decided to convert all my savings to Usd at least to prevent further inflation hits on my savings.
My Brother said I should save it up in Usdt Binance but a friend told me most of these apps can be hacked that I should open a dollar account with my zenith bank instead and convert to Usd.
Business men and Investors in the house what would you advice a fellow brother?

Smartford:
Note: not a financial advice.

The stress of opening a domicile account with any Nigerian bank is so gigantic you will end up stopping half way. Secondly there is a minimal risk storing your savings with brokers that have control over your private key (binance is inclusive) so you better use apps like trust wallet or a hard storage device so that you will have full control over your fund. With binance, it's your money but they control/ dictate/ limit your option on what you do with your own cash.

Have you thought of trading p2p?
If you have enough equity, it would be profitable for you.

Oga walk into access bank.

Carry your NIN, passport photograph, Nepa Bill...

Go to customer care, tell them you want to open a domiciliary account, it should not take more than 24hrs, everywhere good.

Download the app...wake up every morning and look at your account balance.

Thanks and Good bless.

Dhanidhamy:

Have you thought of trading p2p?
If you have enough equity, it would be profitable for you.

bro teach me p2p na..can 300k start?