There are speculations that the reason is that CBN is trying to protect the value of Naira, hence the funny policy from them.
Most youths are now involved in crypto-related activities and blockchain technology cannot be stopped since it centers on the principle of decentralization.
However, crypto traders have been able to overcome this setback by falling back to the old way of buying and selling digital assets popularly known as Peer to Peer method.
A good number of exchanges have integrated the P2P platform and with this in place, traders can fund their crypto wallets and also withdraw from their crypto-wallets.
One of the things to consider when using this approach is safety. Scammers will want to take advantage of this opportunity and milk innocent crypto enthusiasts hence the need for newbies also known as noobs to transact using an exchange.
Personally, I prefer
Quidax.com in funding and withdrawing my crypto assets. Quidax has an easy-to-navigate interface with a reliable customer support team.
For details on how to use the Quidax P2P platform, kindly visit this link:
https://blog.quidax.com/make-way-p2p-is-live-on-quidax/
