NGN
29,261 views
65 Posts
Hot
Latest
Congratulations Nigeria, now that the ban on Crypto like Bitcoin & other digital assets has been lifted by the Central Bank of Nigeria (CBN) and all the citizens can buy cryptocurrencies like #SOL #BNB #ETH #USDT and more with Naira debit/credit card, and can also make payments with it
This is one of the big news to crypto community
🚀 $BTC #NGN
This is one of the big news to crypto community
🚀 $BTC #NGN
Today's market report
#SpotTradding
Today trading saw a high volume of transactions on USDT/NGN Spot pair..This saw the prices fall from 1100-925 Nigerian Naira.Also saw USD-NGN exchange rate in the cash market drop too as NGN fiat gained some altitude..
#NGN
#SpotTradding
Today trading saw a high volume of transactions on USDT/NGN Spot pair..This saw the prices fall from 1100-925 Nigerian Naira.Also saw USD-NGN exchange rate in the cash market drop too as NGN fiat gained some altitude..
#NGN
Hi guys,
I was just wondering if anyone else feels the same way, especially those of us, like Nigerians, with very weak currency against the #dollar
When I lose like $5 on my portfolio it doesn't really hurt after all #crypto is volatile but when the transaction is in #NGN and you see up to ₦8k gone, omo depression can come o.
Does anybody feel this way too. Let me know in comments.
#money #psychology
I was just wondering if anyone else feels the same way, especially those of us, like Nigerians, with very weak currency against the #dollar
When I lose like $5 on my portfolio it doesn't really hurt after all #crypto is volatile but when the transaction is in #NGN and you see up to ₦8k gone, omo depression can come o.
Does anybody feel this way too. Let me know in comments.
#money #psychology
#BINANCE is the largest non-US exchange and so it's no big deal that we saw Washington and her allies going after the platform and encouraging others within her purview and sphere of influence to do the same. #Nigeria being a dog — what Nigerians like to describe as "follow-follow" has been ordered to do same. The only thing is that we have a greedy monster who, like any baron King, wants a piece of the bite for himself and may even want to get more in the process. How else would you explain that Nigeria is fining Binance $10 Billion when the almighty America only fined the platform $5 Billion max? Don't forget that according to US investigators report, Binance generated about $1.6 billion in profit b/w August 2017 and October 2022. The big "O" question is how much has Binance made in profit exclusively from the Nigerian Market that warrants a fine of $10 billion more than twice the charge by the US?
Think about that before you say my arguments are flawed or hate speech or biased (which I don't know why I would be biased against my countrymen if they're only doing the right thing).
#BinancePay #BinanceP2P all made #NGN valuable and recognised! Something that even #PayPal couldn't do despite years of sucking from us for the benefit of EURO & DOLLARS over our own currency although the contributions and value derive from the Nigerian Market is more than enough to give the currency some International exchange flexibility amongst other top currencies. But now even that is gone becos our govt says Binance is responsible for the woes of our currency devaluation — a hereditary disorder that we all know our NAIRA has suffered from since 1980s years before #Satoshi invented #Bitcoin and mega years before #CZ built our darling Binance.
My last caution to fellow Nigerians is NEVER TRUST THIS GOVT!
START NOW TO PREP FOR A DOLLAR OR EURO BANK ACCOUNT TO LINK YOUR NAIRA ACCOUNT WITH. YOU CAN'T AVOID IT AS LONG AS YOU LIVE IN NIGERIA!!
GET A PERFECT MONEY ACCOUNT NOW!!! YOU WILL NEED IT.
LASTLY; SEARCH FOR A GOOD VPN, GET THE PREMIUM TO STAY CONNECTED WITH #WEB3
Think about that before you say my arguments are flawed or hate speech or biased (which I don't know why I would be biased against my countrymen if they're only doing the right thing).
#BinancePay #BinanceP2P all made #NGN valuable and recognised! Something that even #PayPal couldn't do despite years of sucking from us for the benefit of EURO & DOLLARS over our own currency although the contributions and value derive from the Nigerian Market is more than enough to give the currency some International exchange flexibility amongst other top currencies. But now even that is gone becos our govt says Binance is responsible for the woes of our currency devaluation — a hereditary disorder that we all know our NAIRA has suffered from since 1980s years before #Satoshi invented #Bitcoin and mega years before #CZ built our darling Binance.
My last caution to fellow Nigerians is NEVER TRUST THIS GOVT!
START NOW TO PREP FOR A DOLLAR OR EURO BANK ACCOUNT TO LINK YOUR NAIRA ACCOUNT WITH. YOU CAN'T AVOID IT AS LONG AS YOU LIVE IN NIGERIA!!
GET A PERFECT MONEY ACCOUNT NOW!!! YOU WILL NEED IT.
LASTLY; SEARCH FOR A GOOD VPN, GET THE PREMIUM TO STAY CONNECTED WITH #WEB3
LIVEbrownPinkWater
--
THE WORST IS COMING FOR NIGERIANS & THE NAIRA & THE ECONOMY
Oh! Don't be dramatic if you're a non-resident of Nigeria or a fan of the powerful corrupt system in the country. Don't even be alarmed or traumatised if you're like me — the ordinary normal citizen on the open field of life battling for your survival and right to decent living standards comparable with the rest of the world! We've been here before, we've been here all this time and will be here for a while or maybe forever (if we do nothing soon)!
I want to keep this short. I'm not the regular shit poster dropping both meaningful contents and spams every day just to get interactions and commission from Binance Square or Twitter.
I only speak or write for the purpose of educating, creating awareness and perhaps motivating someone out there to take action before it's too late.
The photos show the previous post I published earlier when CoinTelegraph, CoinDesk, et al all went viral with headlines about crypto regulatory approval by the incompetent and inexperience Nigerian govt led by a baron and head of organised crimes and regime cabal of Lagos and now of Nigeria. I don't owe anyone explanation or apology for saying this last lines but when the righteous is on the throne, the people rejoices. The direct reverse is the case for a corrupt leader at the helm of affairs.
When that post came out I warned that more is coming and in a very bad way! I made comments that got flagged by Twitter as always I even lost my account in the process. Today the beginning of what's to come is just getting started!! Binance will not say it outloud; but the truth is Nigeria via CBN and other inter-agencies and govt arms ganged up against it and demand for BRIBES before they can continue to operate here. Who knows what else they want Binance to help them implement against the users of the platform? Who knows thw deal they made with Washington and No 10 Downing Street, UK? Who knows what else is gonna be the next phase of controlling and taking from us?? You thought you voted a govt into power. Make haste while sunshine
Oh! Don't be dramatic if you're a non-resident of Nigeria or a fan of the powerful corrupt system in the country. Don't even be alarmed or traumatised if you're like me — the ordinary normal citizen on the open field of life battling for your survival and right to decent living standards comparable with the rest of the world! We've been here before, we've been here all this time and will be here for a while or maybe forever (if we do nothing soon)!
I want to keep this short. I'm not the regular shit poster dropping both meaningful contents and spams every day just to get interactions and commission from Binance Square or Twitter.
I only speak or write for the purpose of educating, creating awareness and perhaps motivating someone out there to take action before it's too late.
The photos show the previous post I published earlier when CoinTelegraph, CoinDesk, et al all went viral with headlines about crypto regulatory approval by the incompetent and inexperience Nigerian govt led by a baron and head of organised crimes and regime cabal of Lagos and now of Nigeria. I don't owe anyone explanation or apology for saying this last lines but when the righteous is on the throne, the people rejoices. The direct reverse is the case for a corrupt leader at the helm of affairs.
When that post came out I warned that more is coming and in a very bad way! I made comments that got flagged by Twitter as always I even lost my account in the process. Today the beginning of what's to come is just getting started!! Binance will not say it outloud; but the truth is Nigeria via CBN and other inter-agencies and govt arms ganged up against it and demand for BRIBES before they can continue to operate here. Who knows what else they want Binance to help them implement against the users of the platform? Who knows thw deal they made with Washington and No 10 Downing Street, UK? Who knows what else is gonna be the next phase of controlling and taking from us?? You thought you voted a govt into power. Make haste while sunshine
LIVEFaruk Abubakar
--
Bearish
Recently, the Nigerian government legalized cryptocurrency in Nigeria,
allowing us to buy crypto directly from our banks.
However, please note that the black market and bank prices often differ.
This could impact USDT, potentially causing it to fall below 1,000 Naira in the long run.
If you're holding USDT, it's advisable to reconsider your position.
Ignoring this update may pose risks. Good luck.
allowing us to buy crypto directly from our banks.
However, please note that the black market and bank prices often differ.
This could impact USDT, potentially causing it to fall below 1,000 Naira in the long run.
If you're holding USDT, it's advisable to reconsider your position.
Ignoring this update may pose risks. Good luck.
#NGN please want to sell 5 usdt in my binance receiving in Nigerian Bank, how do do it
#NGN I will kindly suggest that you meticulously observe the network you intend to transfer with and that you wish to deposit to. Most people have lost their asset as result of not just the wrong wallet address but using the wrong network. There are several network all of which are Reliable but always recommend the #bsc (bep20) and sometimes trx network because of its low fees
Feel free to share your preferred network
#TrendingTopic
.
#Write2Eam
Feel free to share your preferred network
#TrendingTopic
.
#Write2Eam
Dear Binance users,
Please be informed that Binance will discontinue all Nigerian Naira (NGN) services according to the following timeline:
- Deposits of NGN will not be supported after 2024-03-05 14:00 (UTC).
- Withdrawals of NGN will cease after 2024-03-08 06:00 (UTC).
- Any remaining NGN balances in users' accounts after 2024-03-08 08:00 (UTC) will be automatically converted to USDT at a ratio of 1 USDT = 1,515.13 NGN.
- NGN spot trading pairs will be delisted at 2024-03-07 03:00 (UTC).
- Binance Convert will delist NGN and corresponding pairs at 2024-03-07 02:00 (UTC).
- NGN trading pairs on Binance P2P were delisted earlier.
- NGN will be delisted from Binance Auto-Invest and Binance Pay on 2024-03-06 03:00 (UTC).
We encourage users to withdraw, trade, or convert their NGN assets before the discontinuation of NGN services to avoid any inconvenience. Thank you for your support as we aim to foster transparency and sustainable growth in the crypto ecosystem.
Binance Team
#Nigeria #BinanceAnnouncement #cryptonews #NGN/USDT #NGN
Please be informed that Binance will discontinue all Nigerian Naira (NGN) services according to the following timeline:
- Deposits of NGN will not be supported after 2024-03-05 14:00 (UTC).
- Withdrawals of NGN will cease after 2024-03-08 06:00 (UTC).
- Any remaining NGN balances in users' accounts after 2024-03-08 08:00 (UTC) will be automatically converted to USDT at a ratio of 1 USDT = 1,515.13 NGN.
- NGN spot trading pairs will be delisted at 2024-03-07 03:00 (UTC).
- Binance Convert will delist NGN and corresponding pairs at 2024-03-07 02:00 (UTC).
- NGN trading pairs on Binance P2P were delisted earlier.
- NGN will be delisted from Binance Auto-Invest and Binance Pay on 2024-03-06 03:00 (UTC).
We encourage users to withdraw, trade, or convert their NGN assets before the discontinuation of NGN services to avoid any inconvenience. Thank you for your support as we aim to foster transparency and sustainable growth in the crypto ecosystem.
Binance Team
#Nigeria #BinanceAnnouncement #cryptonews #NGN/USDT #NGN
Nigeria's crypto market faces a conundrum as the government proposes hiking registration fees for exchanges from $18,620 to $93,000. This move invites "big boys" like Coinbase to operate, but restricts P2P services, which are popular in Nigeria.
- CEO of Noones, Youssef, suggests treating P2P traders as assets and working with crypto stakeholders to boost the economy.
- Despite regulation challenges, Youssef remains optimistic about Nigeria's position in the crypto ecosystem.
- Meanwhile, the Nigerian government's partnership with Gluwa to improve eNaira adoption could have taken a different approach, like stimulating local growth and supporting entrepreneurs.
Nigeria, the world's biggest P2P market, continues to grapple with its love-hate relationship with crypto.
#NGN #binance
- CEO of Noones, Youssef, suggests treating P2P traders as assets and working with crypto stakeholders to boost the economy.
- Despite regulation challenges, Youssef remains optimistic about Nigeria's position in the crypto ecosystem.
- Meanwhile, the Nigerian government's partnership with Gluwa to improve eNaira adoption could have taken a different approach, like stimulating local growth and supporting entrepreneurs.
Nigeria, the world's biggest P2P market, continues to grapple with its love-hate relationship with crypto.
#NGN #binance