With the new directives given to Nigerian banks by central bank of Nigeria, how are bitcoin traders going to be affected?
Is bitcoin deposit possible without using a bank?
Is bitcoin deposit possible without using a bank?
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You're absolutely right about this, it seems we are both on same shoes, I really don't like involving third parties whenever I'm dealing on any form of transaction but with this new development we are all forced to use 3rd parties, it is just so pathetic.I would also like to know how deposits can be made without passing through the bank. I always prefer direct transactions instead of having to go through third parties and for now most exchange sites have suspended deposits.
Did you have a binance account on this exchange there are tools and other ways you can sell or buy your cryoto currency... P2p is the best you can transact with for now you just transfer your one to your buyer or seller.I would also like to know how deposits can be made without passing through the bank. I always prefer direct transactions instead of having to go through third parties and for now most exchange sites have suspended deposits.
I had to open an account with Binance and had my funds on Luno sent there. It was really quite easy to get my funds out. The government has just lost their hold with all these exchanges and their p2p innovation.Did you have a binance account on this exchange there are tools and other ways you can sell or buy your cryoto currency... P2p is the best you can transact with for now you just transfer your one to your buyer or seller.
Bitcoin deposit is going to be difficult without using a bank in nigeria, because when you trade online using crypto currency, You will want to turn some of your reward into local currency and CBN don't want that anymore, so all you can do with your Bitcoin is exchange it online, or use it to buy goods.With the new directives given to Nigerian banks by central bank of Nigeria, how are bitcoin traders going to be affected?
Is bitcoin deposit possible without using a bank?
Thank God that some exchangers have make it easier to withdraw your money in fiat in other options so its still OK. If they (CBN) like they should open it that doesn't stop ya from trading. We should not bend because of there rules.Bitcoin deposit is going to be difficult without using a bank in nigeria, because when you trade online using crypto currency, You will want to turn some of your reward into local currency and CBN don't want that anymore, so all you can do with your Bitcoin is exchange it online, or use it to buy goods.