Naija Novice Hangout {Newbies introduction & Orientation} Thread.

[Maestro75]

This drag drag on top whether crypto ban deh 9ja or not get as e be. Ban deh on top cryptocurrency matter for 9ja o. Make una deh careful. Too much grammar no deh there.

Even the best advice is to never use centralized exchanges

But na how we go take trade if we no use centralised exchanges? I sure say every trader weh deh here go want to read which suggestion of exchanges weh we go use here. E go sweet if you go give us the exchange weh you deh use so we go fit reason am and follow join body to protect our investments too.

[Charles-Tim]

But na how we go take trade if we no use centralised exchanges? I sure say every trader weh deh here go want to read which suggestion of exchanges weh we go use here. E go sweet if you go give us the exchange weh you deh use so we go fit reason am and follow join body to protect our investments too.

Reputed decentralized exchange with high liquidity like https://localcryptos.com/ is not bad, this has been the decentralized exchange I recently know to have higher liquidity recently. https://hodlhodl.com/ is not bad as well, I have seen some Nigerians on hodlhodl before which are ready to buy and sell bitcoin.

But the cons of decentralized exchanges is that they attract more scammers and coin is more likely to be tainted. In this regard you should make sure the coin bought on decentralized exchangen is never sent to a centralized exchange which can result to exchange account it is sent to to be frozen. Some people sending it to a centralize exchange would have it in plan to ricochet the coin like on Samourai but which anyone can do on reputed wallets like Electrum to take advantage of low fee.

Re: How can tainted coins becomes hard to be recognized by centralized services

But this applies to anyone that feels his coin is tainted and want to ricochet it, not coins on blacklist which people should totally avoid.

But the advantage of centralized exchanges is that p2p trades on it can be more legit if compared to decentralized exchanges, but to have full control, best not to use a centralized exchange at all. Also another are people that often trade and also making use margin and derivatives in a way these can only be done on centralized exchanges. Both centralized and decentralized exchanges have pros and cons. It is we that will know when to use one or not.

[Maestro75]

**

Reputed decentralized exchange with high liquidity like https://localcryptos.com/ is not bad

Thank you for that link. But na only 4 cryptocurrencies them deh trade for that exchange as I checked them out now. I discourage with that and no come check the second link to know whether na the same thing. No be only bitcoin, litecoin, Ethereum person go trade na abi other altcoins na crime there?

But the cons of decentralized exchanges is that they attract more scammers and coin is more likely to be tainted.

That means to say no where deh completely safe too be that na. If Centralised exchanges get disadvantages and Decentralised exchanges get their own disadvantages too so where we go run enter then na. The best thing na to just to deh deh careful be that. Nothing like perfect exchange be that.

[Doan9269]

That means to say no where deh completely safe too be that na. If Centralised exchanges get disadvantages and Decentralised exchanges get their own disadvantages too so where we go run enter then na. The best thing na to just to deh deh careful be that. Nothing like perfect exchange be that.

To be sincere nowhere is actually 100% safety guaranteed just that one is more preferable than the other, but all i know is that one cannot solely make use of DEX or CEX alone but will need the help of each other to complement a good transaction experience, you may decided to exchange your coin to other crypto or prefer to hodl the coin for a while using a secured wallet.

[Charles-Tim]

No be only bitcoin, litecoin, Ethereum person go trade na abi other altcoins na crime there?

Liquidity is another reason coins are limited on fiat supported decentralized exchanges, but you can use ethereum based, Binance coin based etc decentralized exchanges like PancakeSwap, BinanceDex etc for exchanging other altcoins, the liquidity on this later decentralized exchanges are high, but not fiat based, just for coins and their respective tokens.

Also on centralized exchanges, only few coins are listed for p2p trading, just that people have the advantage to convert/trade some other coins to the coin that can be traded on p2p on the centralized exchange.

That means to say no where deh completely safe too be that na. If Centralised exchanges get disadvantages and Decentralised exchanges get their own disadvantages too so where we go run enter then na. The best thing na to just to deh deh careful be that.

The reason it is said that people should not use centralized exchanges is because people using it do not have full control over their own crypto assets on the exchanges, it is just as a warning which is true. But some people will still just make use of centralized and decentralized means in a way some certain huge amount of coins will not go beyond noncustododial wallets and decentralized exchanges while also still making use of centralized exchanges for tradings which are not possible on decentralized exchanges and using the opportunity to exchange coins to naira after making profit from trading.

[Crpyto hunter]

NEW TOPIC
Name: crpyto hunter
Skills:   Architecture
State of origin : Akwa Ibom state
Occupation : student (on above field)
E sweet me wella for body as ah dey among my fellow Nigerians like this so... E no too easy for we Kwantry so most youths Don decide say dem wan follow crypto back to back,fortunatly ah dey among  them

Abeg bros and sisters make una reason me well as I just dey come on,  ah need support  rules_wise as I Don read pinned post for meta and B/H but ah still need una  advice just to maintain a good reputation  in the forum....
Thanks once again to everyone, Una weldone ooooo
I greet una  well well from this side. 
HUNTER_

[Anguwa]

NEW TOPIC
Name: crpyto hunter
Skills:   Architecture
State of origin : Akwa Ibom state
Occupation : student (on above field)
E sweet me wella for body as ah dey among my fellow Nigerians like this so... E no too easy for we Kwantry so most youths Don decide say dem wan follow crypto back to back,fortunatly ah dey among  them

Abeg bros and sisters make una reason me well as I just dey come on,  ah need support  rules_wise as I Don read pinned post for meta and B/H but ah still need una  advice just to maintain a good reputation  in the forum....
Thanks once again to everyone, Una weldone ooooo
I greet una  well well from this side. 
HUNTER_

Make i first of all welcome you this better forum, I believe you are in the right place and I am sure our boss them wey they here go give more guidance.
On how to keep good reputation in the forum, all I have to say is that, make you try and avoid plagiarism, because na one of the crime wey this forum no want at all, all you have to do is to try and give your support and contributions to the forum. Once again welcome to Bitcointalk forum and Nija community.

[uchegod-21]

Abeg bros and sisters make una reason me well as I just dey come on,  ah need support  rules_wise as I Don read pinned post for meta and B/H but ah still need una  advice just to maintain a good reputation  in the forum....
Thanks once again to everyone, Una weldone ooooo
I greet una  well well from this side. 
HUNTER_

Welukum to dis forum my brother hunter. Dis place na place to be. Na place wey go make you wise for money mata. Na place wey you go see beta investment opportunity and na place wey u go sabi about bitcoin. I happy say you don read the rules and regulations, abeg keep to them.
The one wey important pass is make you no commit plagiarism. Somethings people no sabi wetin be plagiarism. Plagiarism be say make you no copy wetin another person write and put it here like your own. But if you feel like say you must copy, put the link of wetin you copy for your writing and nothing go happen to you.

[SatoPrincess]

NEW TOPIC
Name: crpyto hunter
Skills:   Architecture
State of origin : Akwa Ibom state
Occupation : student (on above field)
E sweet me wella for body as ah dey among my fellow Nigerians like this so... E no too easy for we Kwantry so most youths Don decide say dem wan follow crypto back to back,fortunatly ah dey among  them

Abeg bros and sisters make una reason me well as I just dey come on,  ah need support  rules_wise as I Don read pinned post for meta and B/H but ah still need una  advice just to maintain a good reputation  in the forum....
Thanks once again to everyone, Una weldone ooooo
I greet una  well well from this side. 
HUNTER_

You are welcome to our local thread. This is a safe space for Nigerians to communicate and share ideas, discussions recent happenings in the country. UcheGod talk to you about plagiarism I go use broken make you understand am wella. No Copy and paste from anywhere thinking say nobody go know. E go shock you say somebody go report you. Anything you dey write make e dey come from your number 6 if you dey copy person work make am known say no be your work say na person own. 

[Coyster]

The reason it is said that people should not use centralized exchanges is because people using it do not have full control over their own crypto assets on the exchanges, it is just as a warning which is true.

Yes, but if we are to be honest, quite a large number of crypto users use centralized exchanges cause of it is somewhat more convenient to use, so i think the best advice to users would be to make sure they do not store consequential/large funds in exchange wallets, after using the exchange for whatever reason it is they should do well to move funds to wallets they own private keys/seed phrase to, cause if it is not your keys, you know it definitely isn't your coins.

[Maestro75]

Who again received slap as a sendoff gift? Abi na only the beautiful Charles Soludo speech una listen to?

How come nobody play that tape here since that matter happen two days ago. Na so we vex for Bianca reach for slapping that busy body Mrs Obiano? Omo that Innoson car weh Soludo don sign as official car na correct move be that. That car no bad too. It will be good if all our leaders go encourage local production of goods and services. That one go help boost our economy. I wish Professor Soludo all the best as the new governor of Anambra State.

[BIT-BENDER]

Depreciated and outdated old fool's, their day of reckoning is coming.
Look now next year election dey come and Efcc dey monitor all accounts in Nigeria, the same politicians and Senate weh pass bill to ban Crypto Currency stuff for we 9ja na them go use am pass.
Them go use BTC well well ehhh next year, I swear.
The matter weak me and it irks me to see no improvement,we all in this together... Hopefully we'll get outa this sit together.

Well I personally feel that bill will not be passed onto law, it's a scheme to keep the Nation poorer, we as a nation already get serious financial issues we need to they tackle , so now as a Crypto enthusiast ma now your useage of Crypto-currency go suppose come in play, if only we can hetore services accepting Crypto-currency as a medium of Exchange.

[Maestro75]

Una see that thing about greed and shamelessness. See this ex-footballers weh we think say go even deh on the part of the youth don sell themselves give Tinubu. Kanu and Okocha deh there self. Ikpeba shock me too. See as that one called Taribo West deh vibrate there say him deh pray. I sabi say them get right to their choice of politician to support but na with old cargo like Tinubu? This is shameful. Men supposed get class and shame na. See picture of their meeting with Tinubu and the video of Taribo praying below.



https://www.facebook.com/803267836/posts/10162301162887837/?app=fbl

[Wiwo]

Una see that thing about greed and shamelessness. See this ex-footballers weh we think say go even deh on the part of the youth don sell themselves give Tinubu. Kanu and Okocha deh there self. Ikpeba shock me too. See as that one called Taribo West deh vibrate there say him deh pray. I sabi say them get right to their choice of politician to support but na with old cargo like Tinubu? This is shameful. Men supposed get class and shame na. See picture of their meeting with Tinubu and the video of Taribo praying below.



https://www.facebook.com/803267836/posts/10162301162887837/?app=fbl

The matter tire me ooooh na the same footballers were endorse Governor Yahaya Bello of kogi state some months ago, same them them still endorse Tinubu, this is indeed shameful. No act of patriotism at all only after brand envelope ✉️ no wonder they could not do the Nation proud all through out their football carrier.

[CryptopreneurBrainboss]

Una see that thing about greed and shamelessness. See this ex-footballers weh we think say go even deh on the part of the youth don sell themselves give Tinubu. Kanu and Okocha deh there self. Ikpeba shock me too. See as that one called Taribo West deh vibrate there say him deh pray. I sabi say them get right to their choice of politician to support but na with old cargo like Tinubu? This is shameful. Men supposed get class and shame na. See picture of their meeting with Tinubu and the video of Taribo praying below.

I dun yarn my mind for that our NFPL thread, you see this our hero footballers dem Sabi fall hands. I no know weda na because during their time money no too dey so now dem wan cash out by any means. You no fit see the recent footballers mumu like this. Another person wey e mata dey tahya me na 2baba. That guy's sabi lick yansh like monkey. Very soon na you go hear say e wan organized protect for youth den as soon as dem wire e AZA, e go just go offline.

For me na dem falz I dey listen when entertainer dey talk about politics. The rest na either money or family affair. We go just dey here hear say tinubu dun win, e go just do us like film. That man dey set e compass loudly and for Nigeria na gra gra people dey win election oh even though the main person slow like buhari, provided e get gra gra people wey day e back, na sure tickets.

[Pokapoka124]

Una see that thing about greed and shamelessness. See this ex-footballers weh we think say go even deh on the part of the youth don sell themselves give Tinubu. Kanu and Okocha deh there self. Ikpeba shock me too. See as that one called Taribo West deh vibrate there say him deh pray. I sabi say them get right to their choice of politician to support but na with old cargo like Tinubu? This is shameful. Men supposed get class and shame na. See picture of their meeting with Tinubu and the video of Taribo praying below.

I dun yarn my mind for that our NFPL thread, you see this our hero footballers dem Sabi fall hands. I no know weda na because during their time money no too dey so now dem wan cash out by any means. You no fit see the recent footballers mumu like this. Another person wey e mata dey tahya me na 2baba. That guy's sabi lick yansh like monkey. Very soon na you go hear say e wan organized protect for youth den as soon as dem wire e AZA, e go just go offline.

For me na dem falz I dey listen when entertainer dey talk about politics. The rest na either money or family affair. We go just dey here hear say tinubu dun win, e go just do us like film. That man dey set e compass loudly and for Nigeria na gra gra people dey win election oh even though the main person slow like buhari, provided e get gra gra people wey day e back, na sure tickets.

I vex as I get the jerk. I don pause reason am from another angle. Una know say with or without these endorsement Tinibu go still rig election, the footballers know nai make them relax use the opportunity to cash out .The endorsement we dey talk about sef, this generation no know who be Okocha or Kanu how many influence them get over people votes. Nobody fit influence my vote na wetin dey my mind I go do. Another thing those men nor see money for ball, wetin na england taxes and cost of living chop their money finish I nor know

[Doan9269]

Una see that thing about greed and shamelessness. See this ex-footballers weh we think say go even deh on the part of the youth don sell themselves give Tinubu. Kanu and Okocha deh there self. Ikpeba shock me too. See as that one called Taribo West deh vibrate there say him deh pray. I sabi say them get right to their choice of politician to support but na with old cargo like Tinubu? This is shameful. Men supposed get class and shame na. See picture of their meeting with Tinubu and the video of Taribo praying below.

I understand what you mean, at least it is expected of them all to maintain their integrity because seen with jagaban in the public os a showcase to self devalue. But lets take a look at it from the angle too, most of the guyz sighted were ex naija players and their tenure don pass, they are no more invoke, as per naija mentality wetin u go reason? dey need to survive by doing one or two things, dont be surprised that not all of them are truly in support of tinubu from within, na just to appear and receive honorarium for attending the invitation, no be evri body wey gada sit wt u ar wt u.

[Oluwa-btc]

I say every sector fir 9ja nah casted, even footballer's weh me I dey even look up too.
Sha, make them do their thing, crazy ass lickers, now I dey find way be say I no go see this thing my eye done see.
UK rapper J-Hus say, if you move with the opp (enemy) then you're an OPP.
Like this Dem be enemies to 9ja yuths and 9ja..... Crazy ASF

[Igebotz]

The matter tire me ooooh na the same footballers were endorse Governor Yahaya Bello of kogi state some months ago, same them them still endorse Tinubu, this is indeed shameful. No act of patriotism at all only after brand envelope ✉️ no wonder they could not do the Nation proud all through out their football carrier.

The condition of the country dey make us react to every thing nowadays, even something wey person no suppose dey reason self.

They all did great things for the country in their own way; in this picture, we have two of the greatest captains, Olympic gold medalists, AFCON winners, and the most decorated left-back. Politics in Nigeria is a game of self-interest; no politician is a saint; they are all the same. I'm not sure what motivated others to support Tinubu, but Kanu stated that Tinubu is the only reason his Kanu Nwankwo heart foundation is still operating today; he stated that Tinubu was the only politician who donated to his foundation, so he has every reason to support him, and I don't see anything wrong with that.

I'll say it again: politics is a game of selfish interests; if you're close to the government, you'll benefit more. I'm a proud beneficiary of the APC government, and as an APC cardholder, I'll always support them because that's where my interests lie.

[Charles-Tim]

the same politicians and Senate weh pass bill to ban Crypto Currency stuff for we 9ja na them go use am pass.

Not No senator proposed a bill to ban bitcoin and other cryptocurrencies in Nigeria not to talk of passing such bill, Senate are mute about this for now.

CBN banned cryptocurrency transactions, not Senate. Generally in many countries, there is Central Bank anti-crypto criticism, like in Russia, India and some others countries. CBN move to ban cryptocurrencies could begin after EndSARS protest, but saying government ban it in Nigeria is highly a misconception. Yet, with p2p, Nigerians are using cryptocurrencies successfully, even on centralized exchanges which is not beyond the reach of the government to stop them (the centralized exchanges) from providing services to Nigerians, or regulate them to further comply with their AML or CTF.

---snipped---

Exactly, majority make use of centralized exchanges. But few bitcoin users are afraid of data leak as well, such people at times can still make use of centralized no-kyc exchanges. Some bitcoin users are afraid of both data leak and not having full control, such people stick to full decentralized means.

Politics in Nigeria is a game of self-interest; no politician is a saint; they are all the same. I'm not sure what motivated others to support Tinubu, but Kanu stated that Tinubu is the only reason his Kanu Nwankwo heart foundation is still operating today; he stated that Tinubu was the only politician who donated to his foundation, so he has every reason to support him, and I don't see anything wrong with that.

If job is self interest (money making wise), it is said politics is one of the lucrative job in Nigeria. I too will respect the decision of others even if their decision is not in line with mine. If what happened recently did not happen, this does not stop Nigerians to accept ₦10000 and vote for a party that paid them money, this are the majority of people that are voting. Only few people are knowledgeable and wise to know what election is and most of them are not even voting.