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Buycoins, Nigerian Crypto-currency Exchange Announces New Deposit And Withdrawal by Investogist: 7:18am On Feb 11, 2021 |
The Nigerian Central Bank’s crypto-currency policy that was passed on Friday instructed Nigerian banks to stop the facilitation of transactions between Nigerians and crypto currency wallets and exchanges for crypto currency products and services. This has left the country with one of the largest crypto currency markets in the world by transaction volume, scrambling for solutions. Buycoins, the one and only crypto-currency exchange in Nigeria has just announced a new deposit and withdrawal system that will enable Nigerians buy and sell crypto currencies despite the ban. Read full article at https://investogist.com/buycoins-nigerian-crypto-currency-exchange-announces-new-deposit-and-withdrawal-methods/ |
Re: Buycoins, Nigerian Crypto-currency Exchange Announces New Deposit And Withdrawal by mrfreestuff: 7:39am On Feb 11, 2021 |
Investogist: You're still using the banks sir. The banks do KYC and know funds going into crypto. There's also the risk that the funds may be trapped once it is in violation of the CBN circular. Funds going through banks at such level can not be an orphan without stating the use of banks pretending to ignore the kyc 1 Like |
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