Why government no 1 let us rest

[OsaiEmma]

The way government use they oppose bitcoin for 9ja dey alarming, right now, na just very few exchangers they offer we 9ja's p2p trades, for real for real e dey annoying, private Merchant no even dey that trust worthy again. The funny thing be say, even with all these roadblocks, we still be one of the biggest crypto market in the world, the other day, but anyhow dem do, we go still dey move, them no fit dim the light, we go still dey push, bitcoin go still dey.

[Charles-Tim]

There are many exchanges that you can trade naira to crypto and vice versa in P2P, only three exchanges were affected when our government were hostile against exchanges. They are Binance, OKX and Kucoin. No other exchanges were affected. But more exchanges started P2P later, example is Mexc that began P2P for Nigerians few months ago.

[Itz-prisigold]

There are still exchanges that you can use in Nigeria.  However, others do not hold the proper licensing so the government isn't really fond of them.  If you are curious which are which,  just go through this link and and know the exchanges you can use as a Nigerian.

https://camls.org/crypto-exchanges-to-avoid-if-you-are-nigerian-in?utm.com

[Karl_3000]

It is better you post in correct Pidgin, what is 'why government no 1 let us rest'? The correct one is 'why government no wan let us rest'.

It is not 1 and neither one but wan.

There are still exchanges that you can use in Nigeria.  However, others do not hold the proper licensing so the government isn't really fond of them.  If you are curious which are which,  just go through this link and and know the exchanges you can use as a Nigerian.

https://camls.org/crypto-exchanges-to-avoid-if-you-are-nigerian-in?utm.com

It is very bad that Nigeria are taking this with soft hand, they should sue the exchanges that have no license in Nigeria, they are all thieves evading taxes. They need to have license in Nigeria and they must be taxed.

[Marvelockg]

Can't remember the last time I've heard either through a news channel or any medium that the Nigerian government is attacking or setting up a policy that's not favourable to bitcoin. As far as I can remember, the only challenge we have is the delisting of naira from binance afterward, nothing much as changed regarding our usage of other exchanges.

With the available exchanges on ground that are currently active, there's no way you want to carry out a P2P transaction that you will face a form of deficulty at all. At least, bitget and bybit has been a very reliable source you can make use of for all your transactions so, wether there's a crackdown on some exchange or not and wether the government hasn't lifted the ban on binance or not, you can still carry out your P2P transaction seamlessly.

[Agbamoni]

The way government use they oppose bitcoin for 9ja dey alarming, right now..

I was expecting something new that the government has done against cryptocurrency in Nigeria, but you only spoke about P2P restrictions in some exchanges, which is old news.

Yes, the government only restricts P2P in some exchanges because they refused to comply with the regulations. Na money, the government fines. Once those exchanges comply, everywhere go good.