Binance removes Nigerian Naira from P2P.

[Fidelia]

On Binance P2P, Nigerians cannot sell their crypto with Naira or buy crypto with Naira which is the official currency of Nigeria.

This is coming on the heels of the crackdown of the federal government on crypto exchanges citing them as heavily contributing to the poor performance of the Naira against the dollar.

How long would this delisting of Naira from Binance last?

 

[King Belieal]

But the funny thing is that Nigerian people are still trading crypto. Some people are trading crypto using the inbox option. Just got that this method has no robust security.

 

[eLdavis]

Nigerians we always find a way, I really don't know when the government will finally understand this. Instead of placing bans here and there, they should look for other reasonable solutions.

 

[magnus2022]

It is very unfortunate that Nigeria government failed to find lasting solutions to naira depreciation. How do Binance P2P affects Nigeria economy woes!? Nigeria economy is suffering because we import virtually everything. Nigeria imports even toothpicks.