Some of you are aware of our activities in the area of investigating virtual currency trading and the likes of cryptocurrencies,” Olukoyede said.

“They are potential platforms to fund terrorism. A lot of us don’t understand that. Some of our discoveries during investigation of some of these platforms were mind boggling.

“We thought Binance was a major one. Yes, it was. We are prosecuting them. But there are other platforms we have discovered.

“They used some of these young men. Some of them don’t know that the people who gave them money to trade are people who fund terrorism.”

The anti-graft agency chief also noted that there is a need to adopt technology in tracking money used to fund terrorism in the country

Quote from: Igebotz on May 16, 2024, 09:48:18 PM

Is it only Naira p2p most of you uses these exchanges for ? Cause I don't understand why many of you already abandoned Binance only because the Naira trading pairs were removed. What about trading and staking?

The boss I no go lie for you as for me na only that feature I dey use am for. Either I use am buy or sell. I no dey use am do another task. And if I dey trade I dey use trading apps to do the trading and not exchange platforms to trade. I never use am stake before sef. But as cryptocurrency enthusiast I need to use all those features so dat wen we dey tok or when people dey tok, at least one can also contribute something. It is good so I will look into that.

Well if you must know I still uses binance exchange till now and use it to trade but i can't trade on p2p hence i look for somewhere else to trade my NGN but basically I still my binance app with me and using to do my daily trading, I believe gradually i will become more knowledgeable while trading. I still read some trading tips online to understand how to go about with my trading.

Quote from: Igebotz on May 03, 2024, 10:30:25 PM

Does Bestchange offer Bitcoin to NGN (Naira) or Bitcoin to Gift Cards? With the latest Nigerian government onslaught on the P2P exchange marketplace, more than 30 million Nigerians would soon be without a venue to trade, not everyone is aware of DEX or how to use them. If an exchanger on your platform may provide these services, Bestchange will benefit greatly.

Binance and OKX p2p marketplaces are no longer available to Nigerians, leaving just KuCoin and Bybit; it is only a matter of time before the government shuts them down as well.

We're looking for alternative routes....

Yes, we do have exchangers that work in this direction: https://www.bestchange.com/bitcoin-to-wire-ngn.html

And we are always looking to add more Nigerian exchangers. If you know any services in Nigeria that are still working or services that exchange NGN to crypto, feel free to share them with us!

Quote from: Charles-Tim on April 25, 2024, 01:52:36 PM

In my country, there is no where you will go to that you will not see 1xbet ads. I even thought it is a Nigerian gambling site, but I later knew it is a Russian gambling site. Also most influencers and YouTubers and others are promoting it with their promo code in my country. Is 1xbet also a scam site or only 1xbit? I know that 1xbit does not have good history on Bitcointalk.

1xbet is also a scam casino that ironically looks like it is being used as a front for money laundering (maybe the DOJ should've taken down that instead of Samourai Wallet?). Just go to AskGamblers and look at all the negative topics about it.

It is utterly ridiculous that YouTubers would knowingly promote a scam to their own followers. The only conclusion is that they want to make more money and they don't care how they do it.

I have made dozens of reviews in bitcointalk. They always paid me correctly, and there wasn't an "positive review' obligation.

I think most services even like when you govee constructive feedback, as they can improve.

Quote from: Igebotz on May 11, 2024, 03:43:49 PM

After the next bull run cycle, the probability of Bitcoin falling below $100k is not inconceivable, but it is unlikely. I'm not sure when BTC will reach $200k-400k, and if I tell my kids that I bought my first BTC below $400, they'll never believe me if they don't see a Porch or a Ferrari in the basement. LOL  My current purse is not enormous, and I feel that BTC is becoming further out of reach with each passing year.

Gambling is a way of life, so I'm just taking my chances now; if it falls below what I expected, I'll stack 70% of my savings; if it stays the same or rises slightly, I'll stack 40% of my savings and gamble 30% on Ethereum.

Sorry for your eth choices but to each Thier own. My thoughts on eth is it is a dead coin and get out of it. Move your eth to Solana.  My thoughts are just that thoughts. I have fully liquidated all my eth and happy I did it.

Quote from: Igebotz on May 09, 2024, 10:49:50 PM

I've never been so convinced of $100k in the next cycle but after looking at this price chart I think $100k is minimum,.I think we're heading to $200k. I don't see anything stopping it.

It is just a price chart, it doesn't guarantee anything. How you are so confident that we are heading $200k in 2025? Before halving, I'm quite confident we may cross $100k soon and the ATH may be above $150k. But after the price drops below $60k, I becomes not really confident anymore. I just think that the price may cross $100k in the next year if we are lucky enough.

Someone will have to buy a lot of BTC for that to happen, and now the question is whether we can count on retail buyers or institutional players - or maybe both? The fact is that we now have spot ETFs in the US and they have proven to be a powerful factor in pumping up the price, but we also see that money does not flow in only one direction.