Trade your BTC/NGN, USDT/NGN

[ololajulo]

It's a challenging time for cryptocurrency enthusiasts in Nigeria, causing significant disruption. Previously, we relied on escrow services for transactions, though these services are not free and can't be expected to handle every trade, whether large or small, like exchanges do. Telegram once offered the ability to trade P2P with certain blockchains, which might be worth revisiting

[Charles-Tim]

@SmartGold01
I will like a service that can make use of the latest price of bitcoin and naira but you will include the percentage that you want to charge instead. For example, the percentage can be 1% of the total amount to be exchanged. But do not mind me, you are the one that want to run your service, wish you goodluck.

You can be whatever you want to be but it would be foolish of anyone to ignore the community FREE escrow to patronize a paid escrow service. Their loss.

If that is foolishness, is it wise for someone to just conclude a service is not free when he has not seen what the service has to offer. It may be free or not. But not yet seen a service and being conclusive about it is totally not right in a public place if you make your conclusion or speculation public about the service.

Telegram once offered the ability to trade P2P with certain blockchains, which might be worth revisiting

The P2P on Telegram is moving more towards KYC and the rate is very bad for a centralized exchange. We do not also necessarily need to discuss about Telegram trading on this thread. Sorry for saying this. This is someone's P2P trading service thread.

[SmartGold01]

Well @Charles-Tim I have seen your input and also red what other users said, then concerning the live price of btc/ngn before anyone buys he must need to know the current price of Dollars to NGN then he could placed his order for trade. This service is very simple and I don't think it should be something that would cause more argument or leading to lot of things, the thing is I am only trying make alternatives maybe if there are no place to quickly sell or buy NGN from those centralized platform that offers p2p or even if you all needs me to serves as the escrow between the buyer and seller then fine.

If so then I have to include my fee to make it authentic so that anyone placing order to buy or sell will be assured that s/he's fund is secure but even as that I will still needs some disciplinary official just someone mentioned you all before. I think we are big enough to offer a self service that we can sell and buy without having to depends on centralized exchange and there is no kyc required to trade here, as long as yiur forum account qualifies to trade here then fine you are good to go.

[Agbamoni]

I think OP or any reputable member here will serve as an escrow agent, so no need to be worried about loosing funds. Also, if any reputable member account should get compromised I feel he should be knowledgeable enough to know that he needs to create an Alt  with the same forum username to inform everyone about the incident so everyone can avoid doing any trade with the account.

You have spoken my mind. Things relating to the local board should be kept in the local board and should by no means involve the outsider because it would rather cause confusions at the end of the day. My honest opinion is that the idea of the escrow should be taken into importance as the innovation is a unique one that would help people who still find it difficult to sell their coins in the CEX. The best thing to do is for OP to talk with the people the community trust for escrow.

[Upgrade00]

I serve as the local board escrow, so I don't understand why we need to take our local business to the general board; aside from myself, we have some other respected members who can handle things. Any member of the community who trades with someone without reputation (a merits number is not the same as reputation) without an escrow is doing it at their own risk.

My reply was directed at this thread in particular and not a general rule. CryptopreneurBrainboss has always had a exchange thread in the currency exchange thread and I have used that service repeatedly in the past.
If a reputable member opens an exchange thread he/she doesn't even need an escrow.

In fact, I will soon come up with my escrow service soon on this local board.

That's great to hear. Will be looking forward to you creating it.

[Igebotz]

I serve as the local board escrow, so I don't understand why we need to take our local business to the general board; aside from myself, we have some other respected members who can handle things. Any member of the community who trades with someone without reputation (a merits number is not the same as reputation) without an escrow is doing it at their own risk.

My reply was directed at this thread in particular and not a general rule. CryptopreneurBrainboss has always had a exchange thread in the currency exchange thread and I have used that service repeatedly in the past.
If a reputable member opens an exchange thread he/she doesn't even need an escrow.

CryptopreneurBrainboss exchange service was not only targeting Nigerians; he was also operating a general crypto swap business for a broader audience, which differed slightly from the BTC/Naira exchange service - my point is that creating a service outside of the local board targeting Nigerians makes no sense when only a few Nigerians are aware of such a board exists.

I had a service like that while we were still using a single thread local section, but it did not survive due to the nature of the thread at the time.

Charles-Tim Someone just started a BTC/Naira service; give it a break and focus on your paid escrow service. The OP is reputable enough to run this service. Everything is not competition. Lol

[Upgrade00]

my point is that creating a service outside of the local board targeting Nigerians makes no sense when only a few Nigerians are aware of such a board exists.

I already gave the reasons for my suggestion. There is no designated currency exchange child board here and trust score is but visible too making it a security risk to anyone who trades without adequate knowledge.

As for the further part of your comment, no need to result to ad hominems in a cheeky way.

[Igebotz]

<cut>

Not everything is about you; you're attaching emotion to the whole conversation, I just mentioned that there is no reason to run a competitive service with someone in your own community when you already have an escrow service. I don't have any right to tell anyone what to do or what not and nobody is boss to anybody, we're on the Internet for goodness sake. Honestly, I don't care about any local services; my main job here is to clean and not censor scams. And for other part of your comments - really?  Lol. Okay

I already gave the reasons for my suggestion. There is no designated currency exchange child board here and trust score is but visible too making it a security risk to anyone who trades without adequate knowledge.

Financial dealings is sensitive business and I expect whoever in charge to do the basics( checking trust and all that before accepting or pairing a trade). Your suggestions are valid, hopefully we get a Service sub-board someday.

He missed the sarcasm part of my post but that's alright. No problem.

[Mate2237]

Any reputed member like CryptopreneurBrainboss, Upgrade00 and I et cetera can serve as escrow. This will depend on willingness. In fact, I will soon come up with my escrow service soon on this local board.

You can be whatever you want to be but it would be foolish of anyone to ignore the community FREE escrow to patronize a paid escrow service. Their loss.

If there is free escrow service in the local board then it is better for all their local board members to use it and the Op should used it to initiate the process it he want to be an exchange in the local board. Then another reason why go dey the process na the escrow matter, we know that in centralized exchanges or normal p2p we normally use, the transactions were very fast but in this because of the escrow as the third party there will be more delays in the transaction but it is more saver.

[Igebotz]

You can be whatever you want to be but it would be foolish of anyone to ignore the community FREE escrow to patronize a paid escrow service. Their loss.

If there is free escrow service in the local board then it is better for all their local board members to use it and the Op should used it to initiate the process it he want to be an exchange in the local board. Then another reason why go dey the process na the escrow matter, we know that in centralized exchanges or normal p2p we normally use, the transactions were very fast but in this because of the escrow as the third party there will be more delays in the transaction but it is more saver.

Once there's confirmation from seller and the buyer, escrow triggers, seller/buyer settle fee based on ToS. Takes only a few steps.

[Charles-Tim]

Any reputed member like CryptopreneurBrainboss, Upgrade00 and I et cetera can serve as escrow. This will depend on willingness. In fact, I will soon come up with my escrow service soon on this local board.

You can be whatever you want to be but it would be foolish of anyone to ignore the community FREE escrow to patronize a paid escrow service. Their loss.

If there is free escrow service in the local board then it is better for all their local board members to use it and the Op should used it to initiate the process it he want to be an exchange in the local board. Then another reason why go dey the process na the escrow matter, we know that in centralized exchanges or normal p2p we normally use, the transactions were very fast but in this because of the escrow as the third party there will be more delays in the transaction but it is more saver.

You people should not make it look like I am offering a paid escrow when I did not have a thread for escrow service. Or where did I post that? I have always told Igebotz how he is so being conclusive. And let me tell you people, anyone can come with any offer, be it free or paid. You should respect that and nobody is foolish. Like I posted on this thread before, but which I later deleted, Igebotz is kind of annoying with his attacking post of implying what he does not know about. I hope he will stop this as I am not competing with anyone like I am repeating a class which I have been ahead. Anyone offering a service be it free or paid, leave the person alone than to make people just want to notice you on a thread and attacking the person.

[Igebotz]

You people should not make it look like I am offering a paid escrow when I did not have a thread for escrow service. Or where did I post that? I have always told Igebotz how he is so being conclusive. And let me tell you people, anyone can come with any offer, be it free or paid. You should respect that and nobody is foolish. Like I posted on this thread before, but which I later deleted, Igebotz is kind of annoying with his attacking post of implying what he does not know about. I hope he will stop this as I am not competing with anyone like I am repeating a class which I have been ahead. Anyone offering a service be it free or paid, leave the person alone than to make people just want to notice you on a thread and attacking the person.

You've mentioned my name more than 6 times in less than 24 hours, and you're still accusing me of attacking you, despite the fact that you know it's the opposite  . I've always kept a neutral stance and avoided making decisions based solely on my emotions. The community rules are not code in Stone, so I'm going to remove the part of me operating the escrow service on the local board so that any member of the board can use any escrow service they like.

The way I'm defending this issue, someone might assume I'm getting paid for it, but that's not the case, and the way you're approaching it, someone might think we're making a personal benefit from it, which is also false.

We've already derail the purpose of this thread with unnecessary arguments. Op you can create a new one for strictly business ( I will delete anything less) and leave this one for trading discussion.

[SmartGold01]

Request for NGN to pay btc
Price 1475/ 1$
Total $29 worth BTC, you will pay 42,775 NGN (42,700 for easier way to avoid being track by CBN)
Sending from Binance. If order accept I will pm you my local bank details for payment, while you post your addres or Binance pay id to receive your BTC quickly.

Let us make our p2p service effective.

Edit..
Filled.

[AVE5]

This is a nice initiative but the process may have some problems along the way if it becomes popular.

• This us not an exchange board, so trust score is not visible here, this will mean that someone who doesn't pay much attention can easily trade with a scammer and lose their naira or Bitcoin,

• Without an escrow there's no level of protection. Why anyone go send first to an anonymous person here when your only guarantee us they should be scared of getting red trust?

• Generating enough liquidity will also be problematic. This will be the major factor that will dissuade people.
As a fix we can have 9ja people wey wan sell/buy bitcoins and have good reputation create their own thread in the general currency exchange board. Anyone interested in the service ca contact any of them and trade with them, publicly as well.

Sometimes ago, I came up with similar topic like that of Op here but I think there's a bit uniqueness in-between.

Bitcoin has really been a conducive source by which we can process our financial transactions via P2P without the exchange to fiats just to process with the local transaction. And boycotting the barriers by which the government stood as blockage against the citizens and the Crypto exchange is by ingnoring using the centralized exchange but making our payments directly on the decentralized p2p non custodial network would had been a good alternative for us

The Op has made some great creative ideals and you too has also made great points.
Actualizing this really requires lot of factors such as having much active number of vendors willing to trade on 24/7 either to buy or to sell and achieving this requires popularity of this forum specifically this section to locate the thread on a pinned. Awareness needs to be soecualtedy so that crypto enthusiasts who're not aware of this platform can locate and situate on this platform for their p2p transactions.
A a large scalability of crypto enthusiasts will be required to achieve this goal but the problem just as said is the factor inexperienced bitcoin and the crypto holders are vulnerable to be scammed in this process which I addressed as "crypto illiterates" in my thread and escrows on DT giving red tags on vendors or members who may have compromised the reputations may not still keep the system clean unless there'd be a solid guarantee that the escrows would be responsible for any scammed activities on the process else the negative occurances possible to happen at the course could tanish the reputation of bitcoin in our society and not just this naira P2P trading section in the forum.
Unfortunately I don't think the escrows would accept this term because it's not worth of engaging on such risks of where they're not benefiting else it'd assume to be a manipulation by considering that Investors and vendors may only be interested in visiting the forum only for the trading factor and not like those forum members who're here for otherwise of building their bitcoin carriers.

This Op intro is actually a good one, I don't know much about reputational logistics maybe those of you the escrows can structure on how to make this proposal a reality because with the mentality of our government, anything is possible so it'd be better if we crypto enthusiasts plans ahead on manoeuvring the p2p transaction ahead of time.

Scrutinization can  actually be a feasible starting point by my suggestion.

[Cryptomultiplier]

OP nice initiative but in order for there not to be porosity in the system, would have suggested that if anyone wishes to do an exchange service they can open their own thread about it just like cryptoprenuerBrainboss is doing here. So it will be good if individuals bear their own risks and possibly if anyone should start an exchange service they should be a recognized reputable member just like CryptopreneurBrainboss IMO

I was thinking in same line until I read your comment and I must say it is a nice idea, but a special thread should be created to know those who will be the P2p  traders we may likely trade our currency with.
Also, am a bit concerned about the government or the regulatory agencies finding out about such platform that supports this kind of transaction without any supervision from them, because it may cause a ruckus if all goes awry, or is this angle covered already?