OKX leaves Nigerian market

[7juju]

It's a pity that Okx has to leave Naija, I won't even blame them, our government is not making them have a condusive atmosphere to work. This kind country that's going backward in everything I wonder if there is going to be any drastic change anytime soon. They should have tried to negotiate with the government to see if tax payment is actually what they want. I don't know if dem swear for this country like this ooo.

[Phoenixtrader]

It's a pity that Okx has to leave Naija, I won't even blame them, our government is not making them have a condusive atmosphere to work. This kind country that's going backward in everything I wonder if there is going to be any drastic change anytime soon. They should have tried to negotiate with the government to see if tax payment is actually what they want. I don't know if dem swear for this country like this ooo.

Really it's tiresome. But one thing I love about crypto, there's no monopoly ahah. So other platforms have stepped up and trust our niaja brothers and sisters. They won't remember okx anymore in few months..

[Sonia_123]

 our government has given them a though rules and regulations in other to chase them away ,they don't want what happened to binance to happen to them, no matter how hard Nigeria government try ,they cannot eradicate crypto transactions. Nigeria citizens has gone beyond pocketing them, mainly the youths.
 Binance left we survived,now is OKX's turn we will continue to survive.

https://nairametrics.com/2024/07/17/crypto-exchange-okx-to-discontinue-service-in-nigeria/

[Mpamaegbu]

Binance left we survived,now is OKX's turn we will continue to survive.

I dey sure sey d condition wey owa anti-populist govment give OKX dey tough to manage. Na im go make d exchange knack out instead of to dey continue business wey nor go favour dem. I go wit wetin Igebotz' speculate for dat reason. As FGN or OKX nor open up to the public on the issue of the gbenge, e nor go pass tax on the issue if we judge how FGN brouhaha wit Binance dey go. D good news be sey govment nor fit kill d people's enthusiasm and participation for dis matta. No matta what, Nigerians go continue to dey find way to transact cryptos.

Again, e go dey good make Nigerians on dat exchange find way to stick to the August 16 date (that's where my target is at) to pull out their funds instead of the end of August to avoid stories wey go touch d heart later.

[Charles-Tim]

I wanted to make a bitcoin transaction few hours ago, I remember one of the benefits of OKX as I wanted to transfer the coins on an exchange. At 6 sat/vbyte at the time which should be $0.51 for onchain transaction. I wanted to use Bybit but the fee was $7.35. $4.17 on Binance. I remember OKX because I know the exchange has low fee for bitcoin withdrawal. I make the transaction with just $1.819 on OKX. I did recommended it for bitcoin withdrawal to people. And yet it is 2-of-3 multisig wallet, unlike Binance and Bybit that are single signature wallet. For 2-of-3 multisig wallet, the onchain fee would still be more than $0.51 which is estimated for single signature wallet.