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Author Topic: I heard a rumour about Binance in Nigeria  (Read 2296 times)

Offline 21Pilots

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Re: I heard a rumour about Binance in Nigeria
« Reply #30 on: October 26, 2024, 06:54:00 PM »
Looking at the situation of things, technology keeps and will keep getting better by the day and government will keep changing and as things stands one of the marketing leads in from Binance has told some folks in Nigeria(no publicly) that Binance will still come back to Nigeria but not now and he can't tell when, but Binance will surely come back to Nigeria again.
Ever since the dollar crisis stuff in Nigeria and  when the government decided to stop P2P transactions by restricting the use of binance here many crypto persons decided to switch to other Centralised exchanges like bybit.  Anyways I was in a discussion with some persons yesterday and one of them was of the opinion that it's still possible to do P2P transactions on binance that people make use of VPNs to do so.

Actually I really don't know how true it is and I really didn't believe what he was actually saying.anyways has anyone here actually tried making use of VPN to tweak binance and do P2P transactions in Naira? I doubt there would be Naira ads available.
Some readers may think that using a VPN to bypass restrictions for accessing Binance P2P can work, but its efficiency and drawbacks are worth attention. Technically, this is doable on any platform since with help of a VPN we assign ourselves an IP location of the desired country, so using a VPN to bypass the restrictions on financial platforms such as Binance are rather dangerous to our own accounts which can be suspended by Binance if it detects our real location and deems the activity suspicious. In terms of effectiveness, although more Naira ads may continue to be scarce, most of the local users are now targeting easy, stable means like Bybit where you don’t require any VPN or any location restrictions to make your transactions. In the poll among several internal crypto communities, over 50% of defectors/blocked users have shifted or plan to shift to another platform without the ban on Naira P2P transactions. Thus, employing a VPN, or a Virtual Private Network, is not the best tactic in the long haul and may be better off seeking the platforms that actually support actual transparency and security in their transactions.

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Re: I heard a rumour about Binance in Nigeria
« Reply #30 on: October 26, 2024, 06:54:00 PM »

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Offline rachael9385

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Re: I heard a rumour about Binance in Nigeria
« Reply #31 on: October 26, 2024, 07:24:19 PM »
If binance no come back na wetin we gain. Just that we need to get patience everything go better, e go be good one say binance come back sha. But I no know why our government dey kick against binance oo. Abi as them carry that heavy task go bill binance officials them Dom later clarify themselves only wetin our government dey find na something wey go give them their own pocket money else the rest na history e no concern them at all.
But gee u for try drop the link of that ur source make we self take read how the bobo take yarn dey wait for wen everything go happen.
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Re: I heard a rumour about Binance in Nigeria
« Reply #31 on: October 26, 2024, 07:24:19 PM »

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Online Asiska02

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Re: I heard a rumour about Binance in Nigeria
« Reply #32 on: October 26, 2024, 08:00:44 PM »
If binance no come back na wetin we gain. Just that we need to get patience everything go better, e go be good one say binance come back sha. But I no know why our government dey kick against binance oo. Abi as them carry that heavy task go bill binance officials them Dom later clarify themselves only wetin our government dey find na something wey go give them their own pocket money else the rest na history e no concern them at all.
But gee u for try drop the link of that ur source make we self take read how the bobo take yarn dey wait for wen everything go happen.

Wuna dey make am feel like say Binance no dey operate for naija again at all, but no be like so the thing be na. Binance app still dey work for naija and na just the p2p service no dey again and that one no mean say person no fit use the platform do other things. For those people wey they like buy and save coins for binance, most of them na binance them trust pass because of the prestige wey the exchange don get for the whole world.

Naija government been reason say na binance p2p be the cause of many things wey dey happen as naira value just dey fall, but even as them ban the thing, there eyes don clear say no be wetin dey really make am dey fall in value. Make them go after wetin they make am fall and allow naija people wey wan embrace and use cryptocurrency continue with am, their discouragement on the stance on crypto they really affect some people wey get interest for am. I just hope say government go do the right thing sha.

 

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