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Author Topic: When Binance returns, will you return back?  (Read 3039 times)

Offline Igebotz

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Re: When Binance returns, will you return back?
« Reply #30 on: May 17, 2024, 08:43:46 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.

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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Re: When Binance returns, will you return back?
« Reply #30 on: May 17, 2024, 08:43:46 PM »

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Offline SmartGold01

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Re: When Binance returns, will you return back?
« Reply #31 on: May 17, 2024, 09:26:08 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.

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.

Offline Agbe

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Re: When Binance returns, will you return back?
« Reply #32 on: May 17, 2024, 10:24:46 PM »
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.

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Re: When Binance returns, will you return back?
« Reply #33 on: May 29, 2024, 05:55:50 PM »
I no go lie, out of all the crypto exchange wey dey Na binance Naim I like pass, because the interface just dey user friendly. Person wey no know how things dey work there fit navigate easily for their app. To me binance Naim be the best, to even prove am, Na them be the biggest for the entire world Na why eyes plenty for their body, from sec reach government to scammers/hackers. But their security too strong for all these hackers to fit dey access the network anyhow. Dem don try tire but Na only scam dem fit scam individual person, and that Na if you fall for all those cheap scams.

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Re: When Binance returns, will you return back?
« Reply #34 on: May 30, 2024, 05:32:16 PM »
I no go lie, out of all the crypto exchange wey dey Na binance Naim I like pass, because the interface just dey user friendly. Person wey no know how things dey work there fit navigate easily for their app. To me binance Naim be the best, to even prove am, Na them be the biggest for the entire world Na why eyes plenty for their body, from sec reach government to scammers/hackers. But their security too strong for all these hackers to fit dey access the network anyhow. Dem don try tire but Na only scam dem fit scam individual person, and that Na if you fall for all those cheap scams.
Oboy me I no like Binance oh because those him vendors dem really manipulate and almost scammed me. Though that e dey for all the exchanges but na Binance nai I take noticed am and when I ben dey use Remitano, I never see that kind manipulation and attempting scammers of vendors. And why I been dey use their app be say their bitcoin/naira price been dey good well well when I compare am with remitano. Na remitano I take start di crypto exchanges business. Though he was not the best.and there is no best in cryptocurrency exchange. As e bi like dis my $144.888 = NGN209,600 is lose in ByBit and I don fill form taya.dem say make I wait for 7 days.

Offline Aanuoluwatofunmi

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Re: When Binance returns, will you return back?
« Reply #35 on: May 30, 2024, 05:54:54 PM »
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?

People will definitely returned back to using binance, but what will determine for that is by this present condition we have, if the people could deviate and uses decentralized exchanges, then they may find it difficult in returning back because most traders would have been used to the new pattern than the way they have been once used to centralized kyc exchanges, but all i know is that the government cannot stop or ban trading for any reason, likewise they cant ban the use of crypto and all exchanges as well.

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Re: When Binance returns, will you return back?
« Reply #36 on: June 01, 2024, 05:03:09 PM »
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?
all i know is that the government cannot stop or ban trading for any reason, likewise they cant ban the use of crypto and all exchanges as well.
All I know is that the government can not ban Crypto trading. Although restrictions and sanctions can go on but it never can Stop the existence of Crypto currency. Crypto is people driven not government driven and the government can not do anything about it. It is not controlled  by a central authority but decentralised in nature and nobody can control it from anywhere or anyhow.
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Re: When Binance returns, will you return back?
« Reply #36 on: June 01, 2024, 05:03:09 PM »


 

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