When Binance returns, will you return back?

[Sim_card]

~

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.
,
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.

[Igebotz]

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.

[Rruchi man]

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.

[Agbe]

~

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.
,
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.

[Fivestar4everMVP]

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.

[SmartGold01]

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.

[Charles-Tim]

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.

[enwi]

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.

[Agbe]

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.

[SmartGold01]

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.