Omo which kind resolution this go bring to Naira? You self sabi say that no be any solution. Palliative measures are just temporal like them dey carry palliative wey no dey pass their office take dey run the affairs of the country and the hardship dey increase.

Okay if government dey restrict people from buying dollar for crypto exchanges just like for binance, shey dem go still stop people from trading dollar and Naira for forex trading platforms? People dey deal on that for forex trade so why dem just dey focus on binance. Those politicians wey carry Naira go buy dollar keep for house too na trade dem too dey na by hodling dollar. All their effort na against masses wey still dey try survive with opportunities wey dem see.

I don't know why this government no want put amenities wey go help production. I hear say some area never get light for one week, so how can a country currency not fall where there is no production going on. These politicians need more force but unfortunately the Nigerian masses dey fear for their lives.

Make government work and not use palliative measures as solution. Okay after them come up with that few days ago but naira don begin fall again which is to show that no be currency trading for binance be the issue but the physical demand for the use of dollar. If you want import now you need dollar, if you want travel, you go buy dollar. Many things dey wey involve direct request for dollar and na that one dey cause Naira to fall and no be youths wey dey do their own binance for exchange .

Apart from the problem of over relying on importation, we run a free market system that allows individuals increases prices without bringing it down even when dollar prices comes down. A price control system is needed and not just fighting Cryptocurrency and other exchange platforms.

That actually true, that is the reason why I don't make use of it often, I just try it only ones and it work fine and fast, just as I said before. But still you are right I won't advice anyone to hold their asset in such platform, because it might not be safe that why I posted it concerning p2p. Putting huge amount in such wallet is not also advisable too. Just felt like updating you guys about it.

All these actions federal government is taking is all effort in futility, we get over Hundred exchange companies that Nigerians can go and trade their coins. They just want to victimize binance the same way they did to aboki FX. They are blaming every other person for the woes in the economy except themselves. They doing these to binance because it's the most popular, I even read on the news that the FG is asking Binance to pay 10 million dollars for damages, and I'm curious to ask, For what damages.

The fact is that, The madness will not stop since the CBN governor and national economic council  doesn't know the solution to our problem, so everybody go collect. The federal government even had to detain 2 binance representative that came to discuss with them concerning the issue.

Many people are into airdrops now its because there are lot of lucky airdrop participants earn a lot of money from participating or became an early supporter of the project. But you should know that its not easy as we think since its hard to spot a good project and those people got lucky about it join a lot of campaigns before they hit this gems which give them good profits.

If you want to be like them much better if you join now and be consistent since there are potential airdrops in solana ecosystem has been speculated by a lot of people that can be the next gem to take that's why to avoid regretting for not participating better take good actions now so that you place yourself in good position and make yourself eligible on potential airdrops.

The first step you can take is to DYOR. Check out CMC or CoinGecko for trending projects. Also, explore exchanges known for listing top-quality projects early. Lastly, don't be greedy—take profits when you see them. I hope this helps. Someone can suggest a platform that fits the criteria for you.

I realize the Web3 and Blockchain space is so broad that if you're not in a circle where conversation about the innovations in these space is constantly shared, there's no how you'd hear anything about it. Just saying that now you're aware just like I am. Property/real estate is one area I'm keenly interested in. I will explore the project more indebtly.

If you make the right investment there is no loss in bitcoin, although in the short term it is much more difficult to make big profits. Investment talks about opportunities and especially for the short term because when we buy at a slightly more expensive price, achieving maximum profits will be much more difficult. That's why investing in bitcoin is much better in the long term because we can sell at the price we want and in the long term we can also get the next ATH.

Patience will bring one to the profit stage and if they can wait and continue to accumulate bitcoins responsibly then I am sure we will experience quite maximum profits after the next ATH. Now it depends on how someone implements the strategy and if they want to get big profits then they should choose the long term and if they want to get even small profits in the short term they also have a chance.

Crypto based payments are one of the up and growing narratives since inception of Cryptocurrencies.

Slow but steady, crypto is gaining significant traction and usecases, before now we could barely hear of using crypto for payments.

Just recently, with projects like IVPAY we're noticing full blown crypto based payment systems come into fruition.

Being a payment system to E commerce, retail and vending machines, it seeks to increasingly ease and enhance payments for Web3 enthusiasts.

The core of IVPAY lies in its intent to make Crypto payments open to all and sundry.

In a bid to achieve all of its set objectives, the project has forged a partnership with Binance pay to further extend its tentacles in the world of digital crypto payments.

With what this project is bringing forth, everyone is bound to share some level of optimism, personally I feel all its blueprints will crystallise and all purposes achieved.

Interestingly, the value of the native token $IVPAY will grow commensurately, I'm hopeful. With the listing coming up on T1 platforms like Bitget, more spotlight will be shed on the project.👏

To be honest with you, the fact that I can invest in Bitcoin, hold it for some years, and make a profit excites me already. Another thing is the volatile nature of Bitcoin and some other cryptocurrencies, which are being traded on futures trading and allow traders to make short-term profits due to their volatility. There is nothing more serious I really desire from crypto because it's already cool the way it is going and Bitcoin being the lead coin in the market.

There is some hype surrounding the use of AI in the crypto space, and some people have confirmed using AI to carry out their trades, and they agree that it's a great help. Although many traders have not yet confirmed the success rate of AI traders, which means that there are still a lot of limitations to it, if AI trading bots can be improved to be able to make 90% success in trade, that will be cool.

The movement surrounding BRC20 tokens can't really be argued against. Personally speaking, it's fascinating where the movement goes considering we're hearing about projects and coins being developed like RATS, SATS and ORDI. Afterall, how could there not be something interesting about using the Bitcoin blockchain in such an unconventional and of course in such a non-Bitcoin way?

It will be interesting to see if those projects find true utility or remain mostly as curiosities and speculative. Anyway, we have seen a few brc20 projects making their way out to be successful in this space like recently AINN is a community-driven AI concept project on BRC20, getting listed on major cexs like bitget, you could look for such projects where its interest from those exchanges that gives them popularity and recognitions.

Paxful also has mandatory KYC apart from the three you mentioned. There are only a few centralized exchanges left that still allow trading without KYC.


I am not sure about Phemex since I have heard this name for the first time. P2P scams are not due to exchanges but happen if you trade with a relatively new merchant listed on these platforms. If you are doing a P2P trade on any centralized exchange ensure that you do with a merchant who has a reputation and has made a significant amount of trade.

I hope you all are having a wonderful weekend!

So I recently came across a post where people are engaged in a lengthy debate over whether CEX (Centralized Exchange) or DEX (Decentralized Exchange) is better. So I decided to wrote down this. Frankly, I believe it's a matter we shouldn't dwell on too much because both have their advantages and disadvantages.

For CEX:

Security is reliable if you choose the right exchange.

Transaction fees are reasonable.

It's user-friendly for trading.

You're less susceptible to phishing scams, especially when using a secure wallet.

Various earning opportunities are available.

Let's consider two exchanges I'm familiar with as examples:

For Binance: Despite suffering a massive $570 million hack, Binance remains one of the largest exchanges and not just that, they still keep their standards high.
You can find more details in this link: https://www.investopedia.com/binance-got-hacked-6748215

Now, Bitget: While Bitget hasn't experienced a direct exchange hack, although there was an incident that occurred with their wallet due to a link shared in a group that led to users' accounts being compromised, I won't really call this hack per se but a lesson to everyone. We all need to be careful of links sent suspiciously in any group you're in because you don't know what you will be clicking that will lead to total wipe pf your assets both in crypto and off crypto

 You can also read about it here: https://www.[Suspicious link removed]

I use Bitget more often because I've delved into their security standards and believe they're doing well. However, I still use Binance, as it was the first CEX I encountered on my crypto journey.

Now, let's talk about DEX:

I won't say DEX is bad; it has its merits. Everything is decentralized, as the name suggests. I've used Uniswap and continue to do so. However, it's essential to note that DEX can also undergo KYC (Know Your Customer) processes, as evidenced by this tweet about Uniswap: https://twitter.com/WhaleChart/status/1713291249560535051?t=lyzx4IAlZNiG9Llt4g-Tqg&s=19

Furthermore, DEX can be vulnerable to hacking. Consider Mixin, for example.

What I'm trying to convey is that these debates about CEX vs. DEX should consider that both can coexist and work well if we find the right balance.

Even if I said ok, I want to go offline to be safer. The truth is, Im not sure I can be 100% safe offline either. I was researching offline wallets on Amazon and watching YouTube reviews for recommendations. At some point, I got discouraged because even some offline wallets can be hacked. But that won't stop me from using an offline wallet. Is just picking the best that I know that would be best for me. Just as picking the best exchanges among cex and Dex.

As I've said before, our security largely rests in our own hands. Before an exchange collapses, there are usually rumors. When those rumors start, it's essential to withdraw your funds promptly. Take FTX as an example; Sam Bankman Fried's actions had a significant impact on the exchange. If you've been following his legal case, you'll see that he meticulously planned it out with no remorse, unlike other exchanges that experienced hacks and returned stronger with enhanced security.

I have seen a couple of friends received amazing gifts from loved ones during Valentine's period but I haven't given one neither have I received because I don't really celebrate Valentine perhaps because I haven't been in love before🙄.

My friends came up with an idea to take some time off this year and travel  to carrebean inland to catch fun and perhaps, I might find Mrs right in the course of the holiday but with BTC on a bullish move, I feel taking a whole week out of trading is a crazy idea even though the rest is needed.

Is there any trading event I can leverage on while on holiday so I can catch fun and earn at the same time.

I am kind of new to the crypto era, and I am wondering if any of these P2P platforms scammed or legit?

- Paxful
- Bybit
- OKX
- Phemex
- Bitget

Maybe these sound familiar to you but this is my first month into this game and I want to pick the right ones.

Thanks