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Author Topic: banks in 9ja that are most p2p crypto-friendly bank with fast transaction speed  (Read 222 times)
Charles-Tim
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April 15, 2023, 08:24:23 AM
Last edit: April 15, 2023, 08:35:10 AM by Charles-Tim
 #21

To avoid fear of uncertainty, receive the funds from an online bank and then transfer to your commercial bank. Leaving funds in an online bank is risky, as is receiving cryptocurrency transaction money directly into your commercial bank account.
Commercial banks too have full control over your money.

In case of safety and ability to be able to refund your money or part of your money during bank collapse, you need to know more about the bank that you want to register with. I am not that certain, but I do not think it is all commercial banks that can do that.

Why using banks for high amount of money after significant naira devaluation and manipulation from the CBN and the government. Among the commercial banks, you also need to investigate them if they will be able to refund or partly refund you if they are no longer able to further providing banking services.

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February 01, 2024, 09:18:19 AM
 #22

I have updated the list of cryptocurrency-friendly banks in Nigeria with current thriving banks most especially digital payment systems and also I have to make this out to help our new members to know which banks are best for them as a cryptocurrency enthusiasm in Nigeria because the space is getting bigger and more Nigerians and getting to know and involve with cryptocurrency.

So let keep the discussion alive again,  and also what makes up for the best cryptocurrency friendly banks involves the ease of account creation and how easy it is to increase your account limits to at least a tier 3 standard where can be able to send and receive 7 figures and above



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February 02, 2024, 09:10:13 AM
 #23

Wait chairman
You mean am day my Almighty Polaris bank no dey your list?
Abeg, nor vex oh. So, we still get people wey dey use dat bank? Bank wey d customers nor even reach 20 people. Make I take cover first 🏃 b4 im show wit dagger.

So let keep the discussion alive again,  and also what makes up for the best cryptocurrency friendly banks involves the ease of account creation and how easy it is to increase your account limits to at least a tier 3 standard where can be able to send and receive 7 figures and above
Wiwo, those things nor mean sey any bank dey crypto friendly. Na just dem regular business dem dey do and account limitations once you meet up with KYC to stretch your account. If anyone step up d tier level, dem go expand your transaction limits. If you wan know whether dem dey crypto friendly or not, just add a crypto related word for your transaction description and watch how dem go plank you sharp sharp. Bros, no bank for Naija dey crypto friendly oh. Make una dey guarded. Even if FGN talk tomorrow sey dey are encouraging cryptos in Naija, I nor go still use crypto related words for my transactions oh.

Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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February 02, 2024, 02:49:03 PM
 #24

Wiwo, those things nor mean sey any bank dey crypto friendly. Na just dem regular business dem dey do and account limitations once you meet up with KYC to stretch your account. If anyone step up d tier level, dem go expand your transaction limits. If you wan know whether dem dey crypto friendly or not, just add a crypto related word for your transaction description and watch how dem go plank you sharp sharp. Bros, no bank for Naija dey crypto friendly oh. Make una dey guarded. Even if FGN talk tomorrow sey dey are encouraging cryptos in Naija, I nor go still use crypto related words for my transactions oh.
In other words, no bank for Naija dey crypto friendly.

Your account will be block if you use crypto related terms in your narration. What we are talking about here is bank transaction speed. So even when you do p2p transactions the  sending and receiving banks do not know if it is cryto related or not. On their end, they see it just as a regular transactions.

Before I used to be scared of Access Bank, Zenith and infact other banks for receiving payments from p2p merchants. We all used to use OPAY but now, I think all of them are good. Although I once had a 48 hour delay when the merchant paid with Kuda bank and the receiving bank was OPAY.

I reported the issue to Binance support because I think the guy wanted to scam me. But when I received the money, we resolved it outside the binance support.

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February 02, 2024, 04:56:56 PM
 #25

People dey talk say Kuda Bank na one of di bank wey get beta speed for transaction, especially when e come to P2P wey involve cryptocurrency for Nigeria. Many pipo dey like how e waka well with platforms like Binance P2P, and how e quick for dem transaction matter. But abeg, make you sabi say bank policies fit change, so make you dey updated.
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