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BREAKING: NIGERIAN GOVERNMENT CLAMPDOWN ON CRYPTO CURRENCY CONTINUES. P2P exchange rate concerns! Last week, the Nigerian government restricted access to the online platforms of various crypto firms, including Binance. The regulators argued that this would prevent what they perceived as ongoing manipulation of the foreign exchange market and the unlawful movement of funds. However, as is well known in the crypto industry, the exchange rates on P2P markets are not controlled by crypto exchanges — rather, the rate is the price at which two individuals agree to trade their assets. This will make it the second time in few years the crypto currency industry has come under attack by the establishment. #BTC #sol #BNBstrategy $BTC $BNB $ETH #Writer2Earn #Write2Learn

BREAKING: NIGERIAN GOVERNMENT CLAMPDOWN ON CRYPTO CURRENCY CONTINUES.

P2P exchange rate concerns!

Last week, the Nigerian government restricted access to the online platforms of various crypto firms, including Binance. The regulators argued that this would prevent what they perceived as ongoing manipulation of the foreign exchange market and the unlawful movement of funds.

However, as is well known in the crypto industry, the exchange rates on P2P markets are not controlled by crypto exchanges — rather, the rate is the price at which two individuals agree to trade their assets.

This will make it the second time in few years the crypto currency industry has come under attack by the establishment.

#BTC #sol #BNBstrategy

$BTC $BNB $ETH

#Writer2Earn

#Write2Learn

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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What is a Bitcoin ETF and Why Does It Matter? Bitcoin ETF pools investor money to purchase Bitcoin directly. A Bitcoin ETF is managed by an investment firm and listed on a traditional stock exchange. WHAT IS DIRECT INVESTMENT IN BITCOIN? Direct Investment in Bitcoin simply means Trading directly through a crypto exchange such as Binance. This pattern as I have observed can be complicated for some investors or newbies in the crypto platforms. Now with the introduction of ETFs tied to Bitcoin, the process of investing could become much simpler for the novice. WHAT IT ALL MEANS! Investors will now be able to benefit from the added protections of the ETF structure and get Bitcoin exposure as part of a diversified portfolio with less volatility. However I feel this could take away the decentralized privilege that comes with personal investment in Crypto. Also most of these big commercial investors might rip off some ignorant newbies and enmass wealth to their disadvantage which is inimical to the tenets of the crypto currency ecosystem and industry. MY OPINION!!! I will also go for personal Bitcoin Investments against any form of institunalized surrogate in whichever form such as ETF. As an investor be careful who you handover your hard earned funds. Thank You For Reading!!! Please if you find this article useful, kindly share to others, FOLLOW ME For more insight, Like, and drop a comment below let's reason together. THANK You!!! #ETFvsBTC #ETFvsBTCvsBTC #ETFsvsBTC #BinanceWeb3Wallet并立即检查 #BinanceExplorers $BTC $BNB $SOL
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