for Nigeria binanciers how can we continue to buy coin after delisting naira from tomorrow, how can we continue to trade on binance with having issues of withrawal.
#nigerianaira
#Binancetrade
#NigerianTraders

#NigerianTraders It is no longer news that naira is been disabled on Binance. Please any idea on how to buy crypto on Binance. I have naira to get crypto but no clue on how to deposit and get crypto.

Buying and Selling Crypto with Naira on Binance: Strike as Your New Ally

#NigerianTraders rejoice! While Binance no longer directly supports the Nigerian Naira (NGN), there's a reliable solution for buying and selling crypto with your local currency.

Strike emerges as a valuable partner, allowing you to seamlessly convert NGN to Tether (USDT) or bitcoin, for your Binance trading needs.

Here's how Strike can help you to trade in Binance after you have verified yourself on the Strike app:

1. Converting Naira to USDT:

Deposit Naira: Simply send NGN directly to your Strike account using various supported methods like bank transfers, mobile wallets, or cash deposits.

Buy USDT: With your deposited NGN, you can easily purchase USDT at competitive rates within the Strike app.

2. Trading on Binance:

Transfer USDT to Binance: Once you own USDT, transfer it seamlessly to your Binance account to access its vast crypto marketplace.

3. Withdrawing funds (Selling USDT for Naira):

Send USDT to Strike: Transfer your USDT back to your Strike account from your Binance wallet.

Sell USDT for Naira: Within the Strike app, conveniently sell your USDT back to NGN at competitive rates.

Withdraw Naira: Finally, withdraw your converted NGN directly to your linked Nigerian bank account.

Strike offers several advantages:

Convenience: Manage your entire crypto journey, from buying USDT to withdrawing Naira, within a single, user-friendly platform.

Competitive rates: Enjoy competitive exchange rates for both buying and selling USDT, ensuring you get the most value for your money.

Security: Strike prioritizes user security with robust measures to protect your funds and transactions.

With Strike, Nigerians can continue their crypto ventures smoothly. So, leverage this valuable platform, explore the exciting world of crypto, and remember, responsible investing is key!

Earn $0.50 when you join Strike and make a deposit via my referral

https://invite.strike.me/ZH4B3J

#TrendingTopic #Write2Earn

🚀 Attention Nigerian Traders! 🇳🇬

Are you eagerly waiting for Binance to reopen its P2P trading to Nigerian traders? 🤔 Well, you're not alone! Many of us are eagerly anticipating the return of this incredible platform that has revolutionized the way we trade crypto.

The suspense is palpable, the anticipation is real, but the question remains: When will Binance open back its P2P to Nigerian traders? 💼💰

Let's keep the conversation going! Share your thoughts, insights, and predictions in the comments below. Together, let's navigate the crypto landscape and unlock new opportunities! 🌟 #Binance #P2P #NigerianTraders #CryptoTrading #WriteToEarn

Nigeria’s SEC Grants Two Crypto Firms Approval in Principle #ApprovalRatings

Exchange Nigeria Regulation #NigerianTraders

The SEC announced that five other firms have been admitted to test their business models.

The Securities and Exchange Commission (SEC) of Nigeria has granted approval in principle to two digital asset exchanges, Busha Digital Limited and Quidax Technologies Limited.

The provisional crypto license allows the firms to commence operations under the Accelerated Regulatory Incubation Programme (ARIP), according to a report by local news

The report said that the ARIP cohort includes two digital asset exchanges, four digital asset offering platforms, and one digital asset custodian.

Busha and Quidax Gain Regulatory Approval

Busha Digital Limited, one of the approved exchanges, facilitates the buying and selling of cryptocurrencies using fiat currency.

Through Busha’s mobile and web applications, users can engage in various cryptocurrency-related activities, including buying, selling, storing, sending, receiving, trading, investing, and making payments.
$BTC
Quidax Technologies Limited, the other firm granted approval in principle, runs a cryptocurrency trading platform that leverages blockchain technology

The platform lists and trades existing crypto tokens, providing these services through a proprietary blockchain owned and managed by the company.

In addition to Busha and Quidax, the SEC announced that five other firms have been admitted to test their business models and technologies under the SEC’s Regulation.

These companies include Trovotech Ltd, Wrapped CBDC Ltd, HousingExchange.NG Ltd, Dream City Capital, and Blockvault Custodian Ltd.

The ARIP was established by the SEC to integrate firms that had already begun operations before the issuance of the Rules on Virtual Asset Service Providers.

The RI Programme, according to the SEC, is designed to evaluate the business models of digital asset companies and to test innovative products, services, and technologies in a controlled market environment.

Nigeria's crypto scene might be on the verge of a major shift! Emomotimi Agama, the Director General of the SEC, recently praised cryptocurrencies for their potential to enhance financial services, especially in reducing remittance costs and aiding Nigeria's 38 million unbanked adults.

Despite recent crackdowns on exchanges like Binance and service restrictions across the sector, Agama's remarks at the 2024 PACMAN Conference highlight the significant role of crypto, with over 33.4% of Nigerians involved. This could signal a move towards easing regulations and a more positive outlook for crypto in Nigeria.

#NigerianTraders #NigeriaCrypto

Binance The Best Trading App I Ever Used I can Testify One LOVE ❤️🦅❤️ Binace #NigerianTraders
#US_Job_Market_Slowdown
#Tradersweek

🚀 Attention Nigerian Traders! 🇳🇬

Are you eagerly waiting for Binance to reopen its P2P trading to Nigerian traders? 🤔 Well, you're not alone! Many of us are eagerly anticipating the return of this incredible platform that has revolutionized the way we trade crypto.

The suspense is palpable, the anticipation is real, but the question remains: When will Binance open back its P2P to Nigerian traders? 💼💰
Let's keep the conversation going! Share your thoughts, insights, and predictions in the comments below. Together, let's navigate the crypto landscape and unlock new opportunities! 🌟 #Binance #P2P #WriteToEarn
#NigerianTraders #CryptoTrading

What will happen to my NGN funds/assets after 2024-03-08 08:00 (UTC)?

For users who don't withdraw NGN, trade your NGN assets, or convert NGN into crypto before the discontinuation date, any remaining NGN balances in users’ Binance accounts will be automatically converted to USDT based on the conversion rate 1 USDT = 1,515.13 NGN. The conversion rate is calculated based on the average closing price of the USDT/NGN trading pair on Binance Spot in the last seven days. The conversion may take approximately up to 24 hours or longer. USDT tokens will be credited to users’ Spot wallets thereafter, and users can confirm receipt of the tokens via the Convert History page.#TrendingTopic #NigerianTraders #USDTDaily

🇳🇬 Internet Computer Protocol promotes blockchain engagement in Africa 🇳🇬
ICP’s DecaHack event highlighted the transformative potential of blockchain and the importance of nurturing talent in the sector.
💎 Nigerian youths have been urged to actively engage with blockchain technology to enhance their global competitiveness.
📣 Adedayo Adebajo, co-founder of ICP Hub Sahara — an official branch of the Internet Computer Protocol ecosystem — highlighted the importance of engaging with blockchain technology during the second DecaHack cohort held at the University of Ibadan (UI) in Oyo State. DecaHack is an ICP-run initiative that offers online blockchain boot camps, a hackathon and a stage pitch competition for prizes.
#Write2Earn! #BinanceTurns7 #NigerianTraders

Nigerian Civil Society Groups Praise Crypto Tax Proposal

#Nigeria's #NigerianTraders #CryptoNewss #CryptoDawar
#Crypto_Jobs🎯

A coalition of Nigerian civil society organizations has applauded the plan by Zacch Adedeji, head of the Federal Inland Revenue Service, to include cryptocurrencies in the tax system. The CSOs believe this move will boost confidence in the crypto market and attract foreign investors. The CSOs believe a regulatory framework specifically designed for cryptocurrency trading is crucial for the effective management of the sector.

Important Announcement for Binancians: Discontinuation of NGN Services

Dear Binancians,

We would like to inform you of some important changes regarding Nigerian Naira (NGN) services on the Binance platform. Please take note of the following timeline:

1. Withdrawal Deadline: Binance will discontinue support for NGN deposits after 2024-03-05 14:00 (UTC). Users are encouraged to withdraw their NGN funds or trade them for other assets before this deadline.

2. Delisting of NGN Pairs: Binance Auto-Invest will delist NGN after 2024-03-06 03:00 (UTC). NGN will also be removed from the list of supported payment options on Binance Pay at the same time.

3. Delisting of NGN Convert Pairs: Binance Convert will delist NGN and all corresponding pairs at 2024-03-07 02:00 (UTC).

4. Delisting of NGN Spot Trading Pairs: NGN Spot Trading pairs (e.g., BTC/NGN and USDT/NGN) will be delisted at 2024-03-07 03:00 (UTC).

5. Withdrawal Deadline: Withdrawals of NGN will not be supported after 2024-03-08 06:00 (UTC).

6. Conversion of Remaining NGN Balances:
Binance will automatically convert any remaining NGN balances in users’ Spot and Funding wallets into USDT at a ratio of 1 USDT = 1,515.13 NGN after 2024-03-08 08:00 (UTC). The conversion rate is calculated based on the average closing price of the USDT/NGN trading pair on Binance Spot in the last seven days.

Please note the following:

- The conversion process may take up to 24 hours or longer.
- Users will receive USDT tokens in their Spot wallets after the conversion, and they can confirm receipt of the tokens via the Convert History page.
- Users holding less than 0.00000001 USDT worth of NGN will receive 0.00000001 USDT in their Spot wallets after the conversion.

For more information, please visit Binance official website

We appreciate your support as we strive to build a transparent and sustainable crypto ecosystem. Please note that Binance reserves the right to amend or cancel this announcement at any time and for any reasons without prior notice.

#TrendingTopic #BTC #nigeriaP2P #NigerianTraders #SHIB

Warning: Nigerian Banks Crack Down on Cryptocurrency Transactions

Introduction:

In a move aimed at regulating the financial sector, several Nigerian banks, including Opay, Palmpay, Moniepoint, and others, have issued a warning to their customers regarding cryptocurrency transactions. According to reports, these banks have threatened to ban any individual found using their bank accounts for cryptocurrency or digital currency transactions.

The Warning:

The warning, which has been circulated on social media and other online platforms, states that any customer found to be engaging in cryptocurrency transactions will have their bank account suspended or terminated. This move is seen as a crackdown on the growing popularity of cryptocurrencies in Nigeria, which has been on the rise in recent years.

Implications:

This warning has significant implications for individuals and businesses that deal in cryptocurrencies. With many Nigerians using bank accounts to buy and sell cryptocurrencies, this move could effectively shut down the cryptocurrency market in the country. The warning also raises questions about the legality of cryptocurrency transactions in Nigeria and the role of banks in regulating the financial sector.

Conclusion:

The warning from Nigerian banks is a clear indication that the financial sector is undergoing significant changes. As cryptocurrencies continue to gain popularity worldwide, it's essential for regulators and financial institutions to develop clear guidelines and regulations to ensure the safety and security of customers. We will continue to monitor this situation and provide updates as more information becomes available.

Note: This blog post is for informational purposes only and should not be taken as financial advice. Cryptocurrency transactions carry risks, and individuals should always do their own research and consult with financial experts before making any investment decisions.

#MicroStrategy #NigeriaCryptoBan #NigerianTraders #BTC #CryptoWatchMay2024

The Federal Government of Nigeria 🇳🇬 is set to introduce the latest version of Internet Protocol, known as IPv6, to enhance the identification, numbering and tracking of Internet users and their devices in Nigeria.

as my 9ja people will say he make sense or not #NigerianTraders #BinanceLaunchpoolDOGS #CryptoMoj