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Binance Drops Naira From P2P Portal - Business (7) - Nairaland

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Crypto Exchanges Start Delisting Of Naira From Platforms / Binance Finally Delisted NGN From P2P Market / How CBN Deliberately Prevents Naira From Appreciating Against Dollar - Sahara R. (2) (3) (4)

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Re: Binance Drops Naira From P2P Portal by HeroicMeastro: 11:54pm On Feb 28
Perfectman91:
Sad, just when I thought of joining binance
Joining to do what there?

1 Like

Re: Binance Drops Naira From P2P Portal by Decryptor(m): 12:15am On Feb 29
Na wah o
Re: Binance Drops Naira From P2P Portal by lekkie073(m): 12:16am On Feb 29
KushLyon:


I add value to the society through the articles I publish, I mean I won't even get paid if I don't bring any value to the blogging platform and the people who read my articles. Speaking of receiving dollars through bank, am I supposed to sell the cryptocurrency to the bank? I get paid in cryptocurrency which I can only convert to USDT and exchange to naira. Do Nigerian banks accept cryptocurrency? So I should stop writing for the platform because I'm not receiving dollars through Nigerian banks, whose fault is that?
hear yourself out....you work legitimately but get paid in cryptocurrency, something with no official value. You no get sense

1 Like

Re: Binance Drops Naira From P2P Portal by KushLyon(m): 12:53am On Feb 29
lekkie073:
hear yourself out....you work legitimately but get paid in cryptocurrency, something with no official value. You no get sense

Something with no official value gives me at least 50k every month, make I leave am come join you for your kidnapping business abi? Cow

4 Likes

Re: Binance Drops Naira From P2P Portal by Konquest: 1:10am On Feb 29
nlfpmod:


https://gazettengr.com/binance-disables-p2p-function-amid-clampdown-from-nigerian-authorities/
Amid President Bola Tinubu’s government’s clampdown on cryptocurrency to save the battered naira, the world’s biggest cryptocurrency trading platform, Binance, has disabled its peer-to-peer function for Nigerian users.

Peer-to-peer function, popularly known as P2P, allows users, buyers and sellers to trade without third-party interference.

It allowed Nigerian users to trade when former President Muhammadu Buhari banned cryptocurrency in 2021.

With the disabling of the P2P function for Nigerian users, Nigerians might no longer trade on Binance.

People Gazette also noticed that the Nigerian currency was unavailable on Binance on Wednesday.

These follow Olayemi Cardoso, Central Bank of Nigeria governor, saying over $26 billion passed through Binance in the past year on Tuesday at the Monetary Policy Committee (MPC) meeting in Abuja.

2 Shares

Re: Binance Drops Naira From P2P Portal by Thinktwicemybro: 1:11am On Feb 29
Curious346:
nobody eats rice again
Who's nobody
Re: Binance Drops Naira From P2P Portal by integrity16(m): 1:42am On Feb 29
PepeXKermit:


I will not be the one that will help you with that. go and research about it and come back to discuss with me.

Just the response I expected. It's now obvious you do not know what you're talking about.
Re: Binance Drops Naira From P2P Portal by Badadvisor: 1:46am On Feb 29
Bludo:
There is a way out to trade naira on binance. The solution is to choose another fiat e.g usd agree on a particular exchange rate, send the naira equivalent to the person and the crypto will be released.
The rate will be lower compared to p2p and express
Re: Binance Drops Naira From P2P Portal by Konquest: 1:54am On Feb 29
Truths9ja:
yes. Once you are verified, you can trade and also withdraw via p2p on kucoin app.
Re: Binance Drops Naira From P2P Portal by Konquest: 2:05am On Feb 29
Babalegba:
I hope that the unpatriotic speculators lost all their money
Re: Binance Drops Naira From P2P Portal by Konquest: 2:07am On Feb 29
9jatriot:
Hope the lamba king is learning how to be a purposeful leader. It is not by shouting "if you add the number of cows in China and divide it by the number of goats in Japan, then you will have consumption to production"

Even as a husband and a father, you get to make very difficult decisions that people in the home may not understand or agree with at that time but when the rewards show up, they may even be the ones that enjoy the rewards the most.

That is leadership. You identify the threats and start dealing with them. You can accuse the CBN of trial and error or whatever but what you cannot accuse them of is sitting back and letting things deteriorate.


However, those with financial knowledge agree that CBN is taking a series of decisions that compliment each other, it iis only when you look at them in isolation that it looks like it they do not know what they are doing.

CBN says 26B passed through Binance in the last one year and somehow did not enter the banking system, the CBN cannot seat back and accept defeat. I am proud of them
Re: Binance Drops Naira From P2P Portal by Konquest: 2:22am On Feb 29
HazardAwka:
I sold mine on bybit, 750 usdt for chicken change embarassed
Re: Binance Drops Naira From P2P Portal by Konquest: 2:23am On Feb 29
gabicon:


I can't fully comprehend why some people are complaining, we exchanged $28b value of crypto in 12 calender month,the effects of which are manufacturing companies can't buy raw materials, sick people can't seek treatment, importers are stranded, students can't pay school fees, hyper inflation etc.
Re: Binance Drops Naira From P2P Portal by Konquest: 2:28am On Feb 29
dkidd:
U can still buy with ur card and sell via spot wallet still credited to ur card
Re: Binance Drops Naira From P2P Portal by Konquest: 2:29am On Feb 29
dkidd:


See wetin u miss
Re: Binance Drops Naira From P2P Portal by Konquest: 2:31am On Feb 29
Elliotwaveforec:
I tell Una say Bazooka dey come, Una no hear, say nothing can shake Binance.

See Una life? Una yeye USDT don hang Una; Una want fight government abi?

USDT and USD Na the same?
Re: Binance Drops Naira From P2P Portal by Konquest: 2:32am On Feb 29
Elliotwaveforec:

We go still block am! Bybit, Kucoin, etc. We go dey expose all the exxhanges
Re: Binance Drops Naira From P2P Portal by Konquest: 2:33am On Feb 29
Oluwademilade:
P2P is working on other exchanges
Re: Binance Drops Naira From P2P Portal by Konquest: 2:51am On Feb 29
SkyFi:

Go register on bitget exchange, send your usdt there and exchange with p2p.
You may use my referral code: SD7XT2H5
Re: Binance Drops Naira From P2P Portal by Konquest: 3:00am On Feb 29
Re: Binance Drops Naira From P2P Portal by Konquest: 3:06am On Feb 29
Bludo:
There is a way out to trade naira on binance. The solution is to choose another fiat e.g usd agree on a particular exchange rate, send the naira equivalent to the person and the crypto will be released.
Re: Binance Drops Naira From P2P Portal by Info6: 5:38am On Feb 29
Af0nja:


Transfer it to kucoin and trade for naira, but there's actually no need to panic.

You can also use it and fund an online dollar prepaid card and then convert to naira at 1600/$
please how can I get my kucoin wallet address. I want to transfer my USD from Binance to kucoin
Re: Binance Drops Naira From P2P Portal by ZIKEYBOY11: 7:09am On Feb 29
How did CBN know that $26bn passed through Binance? When they don't have Binance's data ? How?

2 Likes

Re: Binance Drops Naira From P2P Portal by doyin01: 7:26am On Feb 29
Info6:
please how can I get my kucoin wallet address. I want to transfer my USD from Binance to kucoin

Send the person a DM..do not ask them openly..some government spy are on this thread and nairaland as a whole. .whatever update is posted here , they will find a way to block it..if they start knowing people have moved to some other exchanges ..they might start finding a way to bring down those exchanges

1 Like

Re: Binance Drops Naira From P2P Portal by MPESA(m): 8:21am On Feb 29
owelle22:


I can buy it from you and credit you naira

Drop your contact details or pm
Re: Binance Drops Naira From P2P Portal by MPESA(m): 8:23am On Feb 29
mekuscato:

how can we trade it
Pm me
To trade
Re: Binance Drops Naira From P2P Portal by MartinsD12(m): 8:23am On Feb 29
VeryWickedMan:
OP Naira is still there. Search well.
It's just been rebranded to Shege (SHG).
grin very wicked man shege pro max
Re: Binance Drops Naira From P2P Portal by MartinsD12(m): 8:25am On Feb 29
DIVINEEVIDENCE:
Broom! Broom! Broooooom!
(Applause)


Come 2027, una go realise the importance of election debates and issue-based campaigns.
grin cash out for the youths blocked

2 Likes

Re: Binance Drops Naira From P2P Portal by owelle22(m): 8:26am On Feb 29
MPESA:


Drop your contact details or pm

08068377512 whatsapp
Re: Binance Drops Naira From P2P Portal by MPESA(m): 8:26am On Feb 29
Af0nja:


Transfer it to kucoin and trade for naira, but there's actually no need to panic.

You can also use it and fund an online dollar prepaid card and then convert to naira at 1600/$


Please how does this work.....
Can I pm you
Re: Binance Drops Naira From P2P Portal by hmhameed(m): 8:27am On Feb 29
Don’t sleep on it
It’s still very much easy to use P2P on Binance
Click on P2P, change the currency to GHS (Ghana currency) you will see lots of vendors selling to Nigerian in naira

I have been trading with this methods with no problem

1 Like

Re: Binance Drops Naira From P2P Portal by Af0nja: 8:31am On Feb 29
MPESA:



Please how does this work.....
Can I pm you

Download kucoin app, it's on playstore. Sign up and verify your account. Add your phone number and then click on wallets , receive crypto, bep20 chain, copy the wallet and then go back to binance and send it or wtsap me. O8lO5646401

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