Thanks. The rate is not bad just N130 less than the current rate on P2p Exchanges but it's quite manageable. What part does Bestchange play against scam on these exchanges? 

BestChange monitors their business, and reserves also for each exchanger's reputation on BC is significant. Regardless, no one can guarantee that a service did not turn into an exit scam at some point.

And why are these exchanges requesting for KYC?  Thought they're unregulated exchanges.

If fiat is one of the currencies part of the swap process, you have already done some kind of KYC, since a bank account is needed to receive/send currency (in your case, NGN). A good number of instant exchangers are registered, mostly in crypto-friendly zones, but certainly, they are legal entities. Therefore, they have to operate within certain limits.

There seem to be a standstill in the recent crypto market as investors patiently awaits the bull run. However, I can clearly point out that there are numerous ways to explore crypto projects especially before they get listed on exchanges. It's something I intentionally explored like taking part in token presales, airdrops, Pre-Market trading as well as Launchpool and Launchpad events on crypto exchanges.

I'm amazed at the different user centric and frictionless lending protocols available that's helping to onboard the masses into the DeFi space.

Imagine ZeroLend that's currently trending is a lending protocol within the zkSync ecosystem, their poist for transparent and secure borrowing and lending of digital assets makes for my amazement how blockchain is alternating traditional finance. It makes me think about the Future of blockchain. Will BlockChain ever replace traditional banks?

During the bullrun 2017, there was widespread expectation that crypto-banks would soon replace traditional banks. However, this has yet to materialize, and traditional banks continue to play a vital role in the economy. While decentralized lending services like Aave and Alchemix have gained popularity, their user base remains relatively small compared to that of traditional banks.

In my view, lending/borrowing protocols in the crypto market primarily serve to accelerate the circulation of capital and increase the overall amount of capital available, similar to the use of financial leverage, which contributes to strong market growth. However, the lack of user trust and the absence of a robust collateral mechanism continue to hinder the widespread adoption of these protocols. As a result, traditional banks are likely to remain the preferred choice for most individuals and businesses.

As soon as you enter the twitter account then you can see hundreds of airdrop posts in front of you where there are promises to give many tokens for free. Do you think all these airdrops are true? I think all are false and from here there will be possibility of hacking to connect your personal wallet. So be careful and avoid fake/false airdrop.

You are right though, but then, we can't actually say that all the airdrops that are being posted on Twitter are all fake airdrops, some of them are actually genuine, but it's a very minimal percentage when compared to the percentage of the fake ones, and you also may want to know that some this airdrops arent actually a way to steal from unsuspecting participants, but some are actually launched as a way of farming engagement and as well gaining followers.

In crypto, we have alot of airdrop hunters who do nothing other than hunting from one airdrop to another, personally though, I wonder how this people make money from all this, but I guess they must really be some special kind of people in terms of having or being patient.

Anyways, for us that are here, it's still a very good advice for us to try as much as possible to avoid engaging in airdrops we are not sure if it's genuine or not, most especially those that require us to connect our wallet to some dapp and sign a transaction, we need to be extremely careful so as never for fall victim to any of such scams.

Quote from: dekafee79 on May 03, 2024, 06:10:03 PM

You are right, currently the price of bitcoin is already at $61K, and this is a good start if bitcoin will return to its previous ATH. I also agree that the delay is a step for bitcoin to rise in price more than the previous ATH of $73k, maybe we will soon see a bitcoin price of more than $80K.

Its good start for bitcoin return to higher price or raise above $70 after increasing currently above $61k, wish bitcoin keep stable and not sharing bad news by whale will make bitcoin get correctio. I don't sure with bitcoin keep stable until raise $70k but seems will increasing to $65k and get little correction as usually bitcoin moment.

It's really a good start again.
Bitcoin price movements within a day are very significant. It even reached a high of $64,494 today. This is very rapid progress compared to a few days ago. I once read about Bitcoin's movement which might be even more rapid starting from the beginning of May and this is already starting to appear. However, that doesn't mean that there won't be a correction in the future, there definitely will be. At least, we still have high hopes that the Bitcoin market will run at its own pace and indeed in a cycle. If we expect the bullish era to continue and then after halving will immediately skyrocket, then that is difficult to happen. and we do have to go through various ups and downs and we should be aware of this. It's just that many people are panicking because of the drop in BTC prices last week. and in the end, this time, it really worked again.

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