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.