If it does, how is it done? If it doesn't, why not. I have some BTC to exchange for NGN. Can I be guided?
Most definitely it does OP, you can transact your Bitcoin to naira on the centralized exchange with the P2P features but you must understand that lot of centralized exchanges like that has disabled naira on the P2P so before you proceed with the intentions of this transaction, make sure you diligently access the exchange features if they do allows naira P2P.
@Charles-Tim I think this is one of the necessity for the thread I created in few week ago when you got me questioned.
So irrespective that no Centralized exchange has delisted naira on its P2P feature at the current time I made the thread, there is still need to be observant while we tends to trade our assets with the Centralized exchanges. Hence we know that there are newbie's coming onboard.
Obviously if this inexperienced Investor is not told about it, definitely he/she is going to fall victim to that.
Which crypto exchanges remove naira from P2P recently that makes you come up with this thread? All the exchanges that are having crypto/naira P2P that I know are still having it aside the ones that we have discussed about in the past and which Kucoin was the last that we discussed about after Binance and OKX. Recently, among the exchanges that still have naira P2P, none of them removed naira from their P2P and Nigerians are trading there. Or what did you mean as scrapped?
No one has been according to your question and I came up with the thread because beginners who came or that may come ahead of time without the knowledge that lot of Centralized exchange has delisted naira P2P feature from their platforms can be victim to this.
Also as much even some of investors whom have been into the industry for times now without having comprehensive details of the affected exchanges can also be victims in believing that the only exchange being affected is the ones to their notice.
So it should be regarded not effortlessly to always have that accessible before proceeding to fund a centralized exchange for P2P trading.
Moreover, our selfish governments never cares about how such action or immediate effect of cutting naira off from the exchange could affect its citizens in as much they don't let us know that such action would be carried in a specific people of time. I mean we are never notified before such removal of naira on the P2Ps. Although it has formally been but now has become a norms that we can just wake up one morning and find out comfort exchange being affected.
So, the surveillance seems necessary at all course to avoid
"Had I Know".
