Altcoins Talks - Cryptocurrency Forum
Local => Nigerian Languages => Topic started by: Rruchi man on April 19, 2024, 09:10:13 PM
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Some sanctions and policies do not always stay the same for long, they can change while a government is still in power, or when they pass power on to a new government. I think that Binance will be back to Nigeria, and when they come back, how willing do you think Nigerians who are into cryptocurrency will be to return back to them for exchange services?
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If there is any good centralized exchanges and I am content with it then I will not go back to Binance again but there will non then I will go back to Binance. And if they are coming back they will not be like before again and they be very strict so the terms and conditions will be different. As for me they have disappointed me for not obeying the rules of the land and the worst part was the manipulation of the naira. Me I no dey support bad theings
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Some sanctions and policies do not always stay the same for long, they can change while a government is still in power, or when they pass power on to a new government. I think that Binance will be back to Nigeria, and when they come back, how willing do you think Nigerians who are into cryptocurrency will be to return back to them for exchange services?
At the speed of light, they haven't done anything to offend Nigerians; their concern is with the government, not the people. My Binance account is still working, and my coins remain intact.
Do you guys think Naira p2p trading will ever return to Binance after all these mess?
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I like how India dealt with these exchanges, unlike what Nigeria did. Binance later negotiated to pay $2 million fine to get registered in India.
Back to the discussion. I have many exchanges that I am using. It will just be like how I was before, before Binance banned P2P transactions for Nigerians.
Worth to know that Nigerians are still making use of Binance through the mobile app. Only the P2P is what we do not have access to.
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I like how India dealt with these exchanges, unlike what Nigeria did. Binance later negotiated to pay $2 million fine to get registered in India.
Back to the discussion. I have many exchanges that I am using. It will just be like how I was before, before Binance banned P2P transactions for Nigerians.
Worth to know that Nigerians are still making use of Binance through the mobile app. Only the P2P is what we do not have access to.
We still have access to P2P marketplace - you can trade your coins to any fiat of your choice except the Naira. Only Naira was disabled. Nigerians are not blocked.
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Of a truth policies and sanctions do not last long as it would definitely be reviewed or changed when a new government comes into power. In some cases, it is the same government that made such policies would still at the end review it and possiblely restructure that which they have altered.
I personally don't have any issues with binance. I am only just worried if the Nigeria government would not be harsh to frustrating Nigerians from using binance since binance does not want to comply with them. Banning the app would be their next target I think. Till then, I still have my assets there.
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I think Kucoin also have the same features of Binance but if Binance comes back again it might do well because they would not want to offend the government again but I don't if Binance will still come to Nigeria again. Because the pressure Nigerian government take give them e too much. The $10 billions fine e still dey on ground wey dem never do. For Binance to join hand to manipulate di naira, I no dey like am again. And if f I will use am sef na because if the price in the exchange e dey okay then I go use but if na di same price with others then w no need to am again.
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I think Kucoin also have the same features of Binance but if Binance comes back again it might do well because they would not want to offend the government again but I don't if Binance will still come to Nigeria again.
After the issue has been solved, Binance will look for all possible ways to continue naira P2P transaction. According to 2024 Chainanalysis report, Nigeria emerged as the number 1 highest in trading volume in P2P transaction. That is enough to encourage the exchange just like the exchange paid $2 million fine in India and obtained a license after it was banned.
Because the pressure Nigerian government take give them e too much. The $10 billions fine e still dey on ground wey dem never do. For Binance to join hand to manipulate di naira, I no dey like am again. And if f I will use am sef na because if the price in the exchange e dey okay then I go use but if na di same price with others then w no need to am again.
Disregard the new of Nigeria government fined or want to fine Binance for $10 billion. It was a news that BBC misinterpreted and become fake news. The fine will be in million dollars and not billion is what I speculated. Court has not made any judgement yet.
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Now FG is blaming the other exchanges for the recent increase of the dollar and the depreciation of the Naira. And now they want to go after them. I saw it in today newspaper headline review and I screenshot it.
(https://www.talkimg.com/images/2024/04/25/rayyG.jpeg),
even yesterday Newspaper review also made this statement that They want to crackdown bYbit, Kucoin OKX and others. Well let see how it will go.
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Now FG is blaming the other exchanges for the recent increase of the dollar and the depreciation of the Naira. And now they want to go after them. I saw it in today newspaper headline review and I screenshot it.
(https://www.talkimg.com/images/2024/04/25/rayyG.jpeg),
even yesterday Newspaper review also made this statement that They want to crackdown bYbit, Kucoin OKX and others. Well let see how it will go.
That would be foolish thing to do - best way to handle is to meet with these exchanges and try to find solutions but I doubt any exchange rep would want to visit Nigeria right now. We're supposed to have Binance.ng, OKX.com.ng, KuCoin.ng and so on if only the SEC and the CBN know what they're doing. Regulate these exchanges, monitor the Naira price and get service tax in return. A win win for everyone.
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Now FG is blaming the other exchanges for the recent increase of the dollar and the depreciation of the Naira. And now they want to go after them. I saw it in today newspaper headline review and I screenshot it.
(https://www.talkimg.com/images/2024/04/25/rayyG.jpeg),
even yesterday Newspaper review also made this statement that They want to crackdown bYbit, Kucoin OKX and others. Well let see how it will go.
Have you seen a market that will significantly retrace without any slight correlation before? The government and the CBN can try to manipulate but the economy is making things surface for itself.
That would be foolish thing to do - best way to handle is to meet with these exchanges and try to find solutions but I doubt any exchange rep would want to visit Nigeria right now. We're supposed to have Binance.ng, OKX.com.ng, KuCoin.ng and so on if only the SEC and the CBN know what they're doing. Regulate these exchanges, monitor the Naira price and get service tax in return. A win win for everyone.
You can see how India and Philippines and other countries dealt with Binance in a way that if Binance is still interested, it will negotiate and still pay fine before it will be register in the country. But I do not know why Nigeria is so different and think everything is about fighting. Those countries used their citizens money protection as an excuse but Nigeria is using naira manipulation, money laundering and others as an excuse without including their citizens money protection. What they care about is money and not citizens money protection and interest.
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That would be foolish thing to do - best way to handle is to meet with these exchanges and try to find solutions but I doubt any exchange rep would want to visit Nigeria right now. We're supposed to have Binance.ng, OKX.com.ng, KuCoin.ng and so on if only the SEC and the CBN know what they're doing. Regulate these exchanges, monitor the Naira price and get service tax in return. A win win for everyone.
You can see how India and Philippines and other countries dealt with Binance in a way that if Binance is still interested, it will negotiate and still pay fine before it will be register in the country. But I do not know why Nigeria is so different and think everything is about fighting. Those countries used their citizens money protection as an excuse but Nigeria is using naira manipulation, money laundering and others as an excuse without including their citizens money protection. What they care about is money and not citizens money protection and interest.
Is not too late now is it? I mean they have the Binance reps here with them, a bigger leverage to come into an agreement, regulate the exchange, have them create head office here in Nigeria, pay tax and nobody goes to jail. We have the numbers and Binance I'm sure wouldn't want to lose us. They must play every role to come to an agreement.
Didn't follow up the bail case on Tuesday - what's the update? Denied or accepted?
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Some sanctions and policies do not always stay the same for long, they can change while a government is still in power, or when they pass power on to a new government. I think that Binance will be back to Nigeria, and when they come back, how willing do you think Nigerians who are into cryptocurrency will be to return back to them for exchange services?
The best part is that not all Nigerians left binance for good. Like myself for instance, I still use binance up till date to do other trading activities. So yes, if binance were to return the Nigeria p2p section, I'll be very happy so I don't get to use two different exchanges to carry out my trading activities like i currently am doing. I just believe that our government wants to tax all these exchanges before they will let them operate in their space.Not just Nigeria has driven binance out. in couple of months now, countries like Philippines, India has driven out exchanges and I guess they all want the same thing which is to pay a fine or to tax them.
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As a matter of facts Binance had no issues with any of their users rather facing difficulties with our government with some regulatory charges for whatever reason they are battling over there, I still use my binance to trade and do whatever except for buy NGN directly from p2p. Between that is the only restrictions sets on people so if they settles whatever case they had with the government they can easily fixed in the NGN/USDT or NGN/BTC trading pair, so there is no much changes.
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Some sanctions and policies do not always stay the same for long, they can change while a government is still in power, or when they pass power on to a new government. I think that Binance will be back to Nigeria, and when they come back, how willing do you think Nigerians who are into cryptocurrency will be to return back to them for exchange services?
To be sincere, Binance, as a CEX, is one of the best I have seen so far due to its user-friendly interface and well-customized mobile APK. Of course, certain policies and sanctions might be reversed depending on who is in power. The current administration has been tough on certain things for a while now, sadly Binance is one of the victims. If the ban is lifted and Binance happens to come back, I think myself and many Nigerians would be glad to continue with them. But this time, Nigerians would have to be careful because we might not be aware of the agreement that took place between the Nigerian government and the Binance board.
As a matter of facts Binance had no issues with any of their users rather facing difficulties with our government with some regulatory charges for whatever reason they are battling over there, I still use my binance to trade and do whatever except for buy NGN directly from p2p. Between that is the only restrictions sets on people so if they settles whatever case they had with the government they can easily fixed in the NGN/USDT or NGN/BTC trading pair, so there is no much changes.
Of course, Nigerians are still eligible to use other fixtures such as trading, but the P2P removal is a massive blow to so many of us. This is where most of us engage in selling and buying, bringing some kind of smile to our faces knowing how tough the economy is. I am not quite sure if the previous administration had any policies in place governing cryptocurrency exchange (CEX) in Nigeria. The absence of policies gave the current administration so much power and reasons to find fault.
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Now FG is blaming the other exchanges for the recent increase of the dollar and the depreciation of the Naira. And now they want to go after them. I saw it in today newspaper headline review and I screenshot it.
(https://www.talkimg.com/images/2024/04/25/rayyG.jpeg),
even yesterday Newspaper review also made this statement that They want to crackdown bYbit, Kucoin OKX and others. Well let see how it will go.
That would be foolish thing to do - best way to handle is to meet with these exchanges and try to find solutions but I doubt any exchange rep would want to visit Nigeria right now. We're supposed to have Binance.ng, OKX.com.ng, KuCoin.ng and so on if only the SEC and the CBN know what they're doing. Regulate these exchanges, monitor the Naira price and get service tax in return. A win win for everyone.
Like I said before, the SEC and CBN does not have an idea on how these crypto regulations works because they are not working with competent hands, but they are doings things from their own shallow understanding. However, our country is corrupt, and maybe only some particular set of people is really after taking this fine from Binance, and don't care about regulating the exchanges. Taking down other exchanges will be the most stupid thing to do. Who are they taking down for the hike in food stuffs and other commodities.
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Like I said before, the SEC and CBN does not have an idea on how these crypto regulations works because they are not working with competent hands, but they are doings things from their own shallow understanding. However, our country is corrupt, and maybe only some particular set of people is really after taking this fine from Binance, and don't care about regulating the exchanges. Taking down other exchanges will be the most stupid thing to do. Who are they taking down for the hike in food stuffs and other commodities.
The Naira rate has just risen to N1400/$1; whatever the CBN is doing is no longer working, and they can clearly see that Binance was not the issue. Using our foreign reserves to subsidise the Naira in order to dupe the entire country and force everyone to believe Binance was the problem rather than looking for a permanent solution is a sackable act, regardless of who came up with the plan.
The naira began falling after the CBN was exposed for using our foreign reserves to strengthen it, which they said was false. They can keep lying to themselves, but we know the truth. The only disadvantage here is that they may make another idiotic choice that will further harm ordinary Nigerians going about their business.
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The Naira rate has just risen to N1400/$1; whatever the CBN is doing is no longer working, and they can clearly see that Binance was not the issue. Using our foreign reserves to subsidise the Naira in order to dupe the entire country and force everyone to believe Binance was the problem rather than looking for a permanent solution is a sackable act, regardless of who came up with the plan.
What do you expect of a government that forced itself into power clearly to meet a situation that they could not solve, but only cast blames as the other administration was doing.
We go see how much the exchange rate go reach, and the excuse dem go give this time, or who dem go blame.
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Now FG is blaming the other exchanges for the recent increase of the dollar and the depreciation of the Naira. And now they want to go after them. I saw it in today newspaper headline review and I screenshot it.
(https://www.talkimg.com/images/2024/04/25/rayyG.jpeg),
even yesterday Newspaper review also made this statement that They want to crackdown bYbit, Kucoin OKX and others. Well let see how it will go.
That would be foolish thing to do - best way to handle is to meet with these exchanges and try to find solutions but I doubt any exchange rep would want to visit Nigeria right now. We're supposed to have Binance.ng, OKX.com.ng, KuCoin.ng and so on if only the SEC and the CBN know what they're doing. Regulate these exchanges, monitor the Naira price and get service tax in return. A win win for everyone.
Like I said before, the SEC and CBN does not have an idea on how these crypto regulations works because they are not working with competent hands, but they are doings things from their own shallow understanding. However, our country is corrupt, and maybe only some particular set of people is really after taking this fine from Binance, and don't care about regulating the exchanges. Taking down other exchanges will be the most stupid thing to do. Who are they taking down for the hike in food stuffs and other commodities.
My man Sim card, make nobody deceive you or you should mislead people say SEC and CBN know no weti cryptocurrency or dem no get idea. Dem know everything and know what to do. I don watch dem for TV when dis guys dey analyse cryptocurrency,dem know everything about cryptocurrency. Do you know dat those guys dey invest in Bitcoin? Who told SEC say Binance dey manipulate di naira, nobody. Di guy dat represented SEC in Channels TV when Binance and dem dey hot, he say he was selling NGN43m and what happened to me happened to him in which they placed higher price on the ads and negotiated when you placed order. And let me shock you, most of the politicians in Nigeria are investing in bitcoin. I think there was a time, they traced some people in Rivers State. So when you say those guys no get ideas in crypto den you dey do mistake ohh.. They have Blockchain experts in their department.. Remember what happened in the #EndSARS . They trace most the transaction to bitcoin and because of that period me too understand bitcoin.
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Some sanctions and policies do not always stay the same for long, they can change while a government is still in power, or when they pass power on to a new government. I think that Binance will be back to Nigeria, and when they come back, how willing do you think Nigerians who are into cryptocurrency will be to return back to them for exchange services?
Binance is a big exchange, regardless say the failed to fight for their Nigerian customers, and the worst of them is CZ, CZ is a very good man to the global cryptocurrency market as a whole, but then, he has failed his Nigerian users multiple times, I guess the nigga is like me wey no dey like to chuk mouth to wetin I believe say e no concern me, but all the same, it's bad that he never made any supportive comments as regards to his Nigerian customers in times when people expected him to atleast say something, like for example, during the end Sars protest, even Elon musk showed support for the Nigerian youths, but CZ never made any comment regarding the matter, seems hes just after making money from Nigerians and that's all.
If Binance definitely returns back to nigeria, I believe some Nigerians will return back to the exchange to continue trading, while some will remain where they are currently, but for me, the only reason why I will possibly return back to Binance is if I get a better deal there, else, I will just remain where I am currently, which is okx and remitano.
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If Binance definitely returns back to nigeria, I believe some Nigerians will return back to the exchange to continue trading, while some will remain where they are currently, but for me, the only reason why I will possibly return back to Binance is if I get a better deal there, else, I will just remain where I am currently, which is okx and remitano.
Well, OKX is more preferable than Remitano though never trust that site for one day because they can compromise even though we don't have to trust any exchange but to me, it looks more likely to scam people in remitano than any other site. Binance has gained trust in Nigeria and users can still trade over there without them giving Nigerians sanctions by on the case on ground, even as that I still keep using Binance without leaving them rather if there any case of buying NGN I go down to okx to complete buying of NGN.
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Binance is a big exchange, regardless say the failed to fight for their Nigerian customers, and the worst of them is CZ, CZ is a very good man to the global cryptocurrency market as a whole, but then, he has failed his Nigerian users multiple times, I guess the nigga is like me wey no dey like to chuk mouth to wetin I believe say e no concern me, but all the same, it's bad that he never made any supportive comments as regards to his Nigerian customers in times when people expected him to atleast say something, like for example, during the end Sars protest, even Elon musk showed support for the Nigerian youths, but CZ never made any comment regarding the matter, seems hes just after making money from Nigerians and that's all.
If we have to say the truth, it is not even about endSARs or affairs pertaining to Nigeria that he was not involved in, but Binance is truly not doing the right thing. He is providing crypto products and services to Nigerians but not registered under CAC. That is bad. But the way the regulators and federal government are handling the matter is what we do not like. India was wiser.
If Binance definitely returns back to nigeria, I believe some Nigerians will return back to the exchange to continue trading, while some will remain where they are currently, but for me, the only reason why I will possibly return back to Binance is if I get a better deal there, else, I will just remain where I am currently, which is okx and remitano.
There is something about that exchange that I do not understand. The reason why people just like it. If it comes back for naira P2P, Nigerians will use it.
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Binance is a big exchange, regardless say the failed to fight for their Nigerian customers, and the worst of them is CZ, CZ is a very good man to the global cryptocurrency market as a whole, but then, he has failed his Nigerian users multiple times, I guess the nigga is like me wey no dey like to chuk mouth to wetin I believe say e no concern me, but all the same, it's bad that he never made any supportive comments as regards to his Nigerian customers in times when people expected him to atleast say something, like for example, during the end Sars protest, even Elon musk showed support for the Nigerian youths, but CZ never made any comment regarding the matter, seems hes just after making money from Nigerians and that's all.
If we have to say the truth, it is not even about endSARs or affairs pertaining to Nigeria that he was not involved in, but Binance is truly not doing the right thing. He is providing crypto products and services to Nigerians but not registered under CAC. That is bad. But the way the regulators and federal government are handling the matter is what we do not like. India was wiser.
If Binance definitely returns back to nigeria, I believe some Nigerians will return back to the exchange to continue trading, while some will remain where they are currently, but for me, the only reason why I will possibly return back to Binance is if I get a better deal there, else, I will just remain where I am currently, which is okx and remitano.
There is something about that exchange that I do not understand. The reason why people just like it. If it comes back for naira P2P, Nigerians will use it.
Nigeria may be taken for granted by the federal government so that this problem is not handled well immediately. In contrast to large countries that have good legal powers, they will definitely quickly resolve this problem. Returning the assets owned by many Nigerian citizens who have become victims and cannot withdraw their assets should be one of the main priorities at this time.
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Nigeria may be taken for granted by the federal government so that this problem is not handled well immediately. In contrast to large countries that have good legal powers, they will definitely quickly resolve this problem. Returning the assets owned by many Nigerian citizens who have become victims and cannot withdraw their assets should be one of the main priorities at this time.
The government from outset never wants her teaming Youths to progress or to come out from poverty and they like to cage them so that they will use them to do thuggery and other political works dat was their aim so when all these cryptocurrencies came out and the brilliant Youths key into it and use it to make money and it angers them so dem just dey fine all means to section all these exchanges because they can't have access to bitcoin and have control over it. The more they try the more we also advance. After now the real p2p will come to play. Even tht time when they banned Bitcoin and people accounts were also blocked, yet those boys went to the banks and discussed with the bank managers and transferred the funds to another account and withdraw it. There is always a way out.
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The government from outset never wants her teaming Youths to progress or to come out from poverty and they like to cage them so that they will use them to do thuggery and other political works dat was their aim so when all these cryptocurrencies came out and the brilliant Youths key into it and use it to make money and it angers them so dem just dey fine all means to section all these exchanges because they can't have access to bitcoin and have control over it. The more they try the more we also advance. After now the real p2p will come to play. Even tht time when they banned Bitcoin and people accounts were also blocked, yet those boys went to the banks and discussed with the bank managers and transferred the funds to another account and withdraw it. There is always a way out.
We are the problems of ourselves sincerely speaking because I don't see were government would want to fight bitcoin and cryptocurrency at large forgotten that they aren't the people who created it and for that they can't have full control over it than people who originally created it. In terms of government wanting to control her citizen this is correct because they always want everyone to be loyalist and be running around for them during their political movement, when they noticed they don't have much youth under their control they go source the solution why they aren't longer loyal to them and when they discover they would want to tight every place that is producing that happiness for the youth.
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If.they understand with the government and everything.works smoothly then, I will still use their services because since they have agreed with the government to operate.without manipulating the naira then everything good.
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If.they understand with the government and everything.works smoothly then, I will still use their services because since they have agreed with the government to operate.without manipulating the naira then everything good.
Usually they won't operates anymore without the permission of the government or having to sign agreement with the government in compliance the act of operations. Binance is the best exchange among every other exchanger out there and they have already gain reputation in our country and there is no active youth on social media today that doesn't know about Binance exchange.
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If.they understand with the government and everything.works smoothly then, I will still use their services because since they have agreed with the government to operate.without manipulating the naira then everything good.
Usually they won't operates anymore without the permission of the government or having to sign agreement with the government in compliance the act of operations. Binance is the best exchange among every other exchanger out there and they have already gain reputation in our country and there is no active youth on social media today that doesn't know about Binance exchange.
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?
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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.
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If.they understand with the government and everything.works smoothly then, I will still use their services because since they have agreed with the government to operate.without manipulating the naira then everything good.
Usually they won't operates anymore without the permission of the government or having to sign agreement with the government in compliance the act of operations. Binance is the best exchange among every other exchanger out there and they have already gain reputation in our country and there is no active youth on social media today that doesn't know about Binance exchange.
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?
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.
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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.
You don't necessarily need to be a trader though, wouldn't advice anyone to, cause of the volatility of crypto unless you know what you're doing. Staking is quite easy and doesn't need any special skills, you just have to look for a coin with a good APY and stake for the duration you want and take profits.
OKX offers 30% APY on first time flexible savings for 7 days although I didn't get up to 30% on my first savings.
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.
It was a general statement, I was referring to some crypto GEN X
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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.
You don't necessarily need to be a trader though, wouldn't advice anyone to, cause of the volatility of crypto unless you know what you're doing. Staking is quite easy and doesn't need any special skills, you just have to look for a coin with a good APY and stake for the duration you want and take profits.
OKX offers 30% APY on first time flexible savings for 7 days although I didn't get up to 30% on my first savings.
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.
It was a general statement, I was referring to some crypto GEN X
Seems I would have to look over this aspect since there is no risk involved in it, although I think it's better one used a reputable coin like bitcoin or the exchange coin, I think there are some exchange that offers go reward for staking their native currency such as BNB on Binance but never come to think about this, lemme say its skipped me though because I red it on some channels.
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Staking is quite easy and doesn't need any special skills, you just have to look for a coin with a good APY and stake for the duration you want and take profits.
Boss why you know tell dis since because from your explanation dis one go make sense die. There is no stress for dis one na. But me I never know how dem dey take dey stake coin oh. So make you create thread for how to stake coin so we go learn from there and more discussion thread go come again so abeg create thread for am. Or any other person sef go fit create am make we use discuss thanks for di understanding. Love you guys here.