Crypto Transactions Restrictions; Banks tracking algorithm exposed!

[Africolo]

This thread make sense well well, i somehow missed it when you created it, and i agree with wetin you talk. If you look at the limited means wey these banks go fit take identify crypto transactions, then you go know say na one of dem be this, even if dem no go block the account immediately, dem fit put am on their watchlist, and if it happens more often than not, dem go fit block the account, come ask the person to prove the source of the funds.

Fighting the government is never easy it's just started and many without information are going to fall victim as usual. I'm thinking about to bring back my Crypto sell/buy service as there are many Nigerians already losing interest and are afraid to trade with their bank accounts. They're baby crypto p2p traders not ready to take risk and lacking the appropriate information too.

[Cryptomultiplier]

This thread make sense well well, i somehow missed it when you created it, and i agree with wetin you talk. If you look at the limited means wey these banks go fit take identify crypto transactions, then you go know say na one of dem be this, even if dem no go block the account immediately, dem fit put am on their watchlist, and if it happens more often than not, dem go fit block the account, come ask the person to prove the source of the funds.

Occasionally trading is one safe way to stay in the game for long while avoiding all the traps set by government to clamp down on crypto traders.
The last time I did trade my coins for some fiat, I read almost same tips to adhere to as stated by the P2p trader before commencing trade and of which includes not completing payments in kobo but must be round up to the nearest whole Naira.

I didn't know what it meant initially until I am seeing such here and it is a reason why ones account can be flagged and tracked and frozen by the CBN or Fintech and commercial bank algorithms.

[Ruttoshi]

Omo at first watin the OP talk being really dey play for ma head because this sounds and seems like a logical way to actually track and ban account wey supposedly dey do crypto but as sokani come share him own insight, the matter come look somehow somehow because sokani sef get valid point but all I fit talk be say e for better to avoid any palava than to regret làter so telling vendors not or you booking a trade without the kobo sounds logically and doable.

Like the OP said to be on the safe side, you should put your figures in fiat and not in crypto so that you can be paid with a round figure. What OP said is something we should put into consideration when we are using p2p platforms for our crypto transactions just to play safe. May you no go do wetin fit bring out your leg for government o.

Our government is against exchanges and we know that because they are the ones we use to get fiat or buy crypto so if them track tire and nobody them fit catch, only them to abandon their hunt, because them go see say nothing come out. We need to be smarter than the government when it comes to crypto related issues, because it is our own way of investing with the little that we have.