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"Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange - Investment (5) - Nairaland

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Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by MartinsD12(m): 6:11pm On Jan 27, 2022
FreeStuffsNG:
Cunny man die, cunny man bury am.
Cryptocurrency itself is a fraud, ponzi and financial mania.


In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :
************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied.
You are just a story writer cryptocurrency has come to stay even you so called attorney general of Nigeria malami is doing it , it's not any quick money scheme you have to be calculative enough to understand this
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by MartinsD12(m): 6:15pm On Jan 27, 2022
KINGofHELL:
If you are an African cryptocurrency trader or hodler and you use Binance, you should consider moving your cryptocurrency assets out of the exchange to a cold wallet until the exchange explains why it's targeting Nigerians' accounts for freezing.

Meanwhile, #BinanceStopScamming is currently trending on Twitter.

See tweets below.
Some Nigerians too mumu sorry to say this they don't research at all same binance abi na bianca they are putting their money on has litigation Court cases with American government and other countries over the way they defraud people even Reno omokri said this in his YouTube video
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by MartinsD12(m): 6:20pm On Jan 27, 2022
ogawisdom:
Part of reasons FG banned crypo

Most Nigerians use crypto to receive proceeds of international fraud.

An account suddenly receives 50k USD - 500k USD but have never had 1k USD for long and it's not from crypto market investment.

Na them. Yahoo boys claiming crypto traders grin grin G boys cool

Most Nigerians are fraudsters n into money laundering.

Binance deserves commendation

Yep criminality is done there but now it's getting out of hand , some of the member's there might not be involved in any crime , binance is a fraud itself us already ban them
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by MartinsD12(m): 6:26pm On Jan 27, 2022
ikennamadu1:
Nigerians can never learn .. this same binance that was sent packing from UK .... For fraudulent activities..
Exactly what am saying the same binance was guilty of defrauding people in UK , I wonder why Nigerians are too lazy to research I mean before you invest with them use your phone research about them read reviews but they can't read they want everything made easy, very greedy people I say
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by MartinsD12(m): 6:27pm On Jan 27, 2022
FirstbornWds:


And this is supposed to be a meaningful statement? So, anyone that wants to invest should come knocking at your door to alert you of their moves?


Interesting
No mind am he is jealous am sure that pesin there might want to invest in that business but pepper no rest

1 Like

Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by MartinsD12(m): 6:33pm On Jan 27, 2022
Stephenmoka4:
Remix...

You put N100k for ABC coin and N100K for Dortmund

ABC was 50k, let's say one week e drop to 25k, that your 100k is now showing as 50k...

Let's say dem score Dortmund, the 100k go show cash out of 30k


When them pump ABC, and the value rise to N75K your 100k crypto balance is showing N150K.

Dortmund equalize and scored again, your cash out is showing N144k
grin that was a bet 9ja gambling analysis
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by Zif0: 7:01pm On Jan 27, 2022
Oh
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by BJanta: 7:03pm On Jan 27, 2022
FreeStuffsNG:
Cunny man die, cunny man bury am.
Cryptocurrency itself is a fraud, ponzi and financial mania.


In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :
************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied.


Well-copied.
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by somehow: 7:22pm On Jan 27, 2022
michlins:
what is Fiat money

Traditional currencies

Naira
Dollar
Oman
Peso
pound
Etc
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by PapaNnamdi: 8:35pm On Jan 27, 2022
spearmintgarden:
You’re a very foolish, insensitive ignorant goat
Go learn a trade boy,
Na fraud money you wan use train ur children for school?

No naa u sef think am

3 Likes

Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by Theophinio(m): 8:56pm On Jan 27, 2022
Springboot:


Most Nigerians are fraudulent yet they blame government, I'm certain binance is not targeting any Nigerian, they must have closed those account due to fraudulent activities.

Gbam

1 Like

Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by Theophinio(m): 8:57pm On Jan 27, 2022
seunny4lif:


Because both will ban you if they discovered scam in the account.
Being using both now for over a year and people that introduced me to it have been using same exchangers for 3 years now.
I have many friends using them and none of them have ever complain about them.
It’s so funny Nigerians always act like Victims, if caught.



Perfectly said
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by NamelessOGBENI(m): 9:02pm On Jan 27, 2022
Depression about to set in..
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by Stephenmoka4(m): 9:22pm On Jan 27, 2022
MartinsD12:
grin that was a bet 9ja gambling analysis
No be me talk am oo... grin
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by Foreseer: 11:44pm On Jan 27, 2022
FreeStuffsNG:
Cunny man die, cunny man bury am.
Cryptocurrency itself is a fraud, ponzi and financial mania.


In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :
************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied.
Well analysed.

How about making your write-up as a reference in another context??

Let's say, a well educated mind, trained by they brightest of philosophers, is found in a society of decadence and left with a wages of bread.

And let's say, giving the structural imbalance in the society, a drug baron, who is inclined to dirty politics, rose through the ladder to become a self-acclaimed regional lord.

Would you in your wisdom, displayed in your write-up (argument) about crypto/binance monkey businesses, also not support that the drug baron who is a political thief, that amassed so much from public coffers, not pay they educated and logical minds a little above meal ticket to market him for a higher political position.

Bro, you can do better than settling for crumbs.

#copied. shocked shocked

1 Like

Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by zimakod(m): 12:14am On Jan 28, 2022
This is serious. I hope they find a way of scrutinizing account without freezing it

1 Like

Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by foreverproduct: 8:09am On Jan 28, 2022
If I may ask, those amounts I saw from the twitter reactions - $400k, $500k, $35k.... Those actually translate to hundreds of millions of naira. So where did these young account owners get such money from Where? Do they even trade? Or are the binance accounts serving as hiding place for fraudulent funds?
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by lincsnuel: 10:06am On Jan 28, 2022
ogawisdom:
Part of reasons FG banned crypo

Most Nigerians use crypto to receive proceeds of international fraud.

An account suddenly receives 50k USD - 500k USD but have never had 1k USD for long and it's not from crypto market investment.

Na them. Yahoo boys claiming crypto traders grin grin G boys cool

Most Nigerians are fraudsters n into money laundering.


Binance will never block your account for no reason, the problem is that most people do not realise that these exchanges work with Law Enforcement agencies. There is a reason they are called "Centralized" and require "KYC" to operate.

Binance deserves commendation


So true. Had to follow you because of this post.
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by einsteine(m): 4:04pm On Jan 28, 2022
I have talked to a number of "crypto traders" who don't know that crypto is pseudonymous but not anonymous. What is happening here is that a lot of the crypto circulating around are proceeds of fraud. Exchangers buy crypto at cheap prices from fraudsters are then trade to other people not knowing said crypto has been flagged. Whereas a Russian fraudster has the technical understanding to first mix and wash their coins before cashing out to fiat, a Nigerian yahoo boy would take his loot straight to binance p2p.

1 Like

Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by Hyphy(m): 7:19am On Jan 29, 2022
Makes logical sense though

FreeStuffsNG:
Cunny man die, cunny man bury am.
Cryptocurrency itself is a fraud, ponzi and financial mania.


In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :
************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied.
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by Nobody: 11:24am On Jan 29, 2022
FreeStuffsNG:
Cunny man die, cunny man bury am.
Cryptocurrency itself is a fraud, ponzi and financial mania.


In case you do not know what Monkey Business is all about; Now read this so you will know that Cryptocurrency is a monkey business fraud :
************
A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.
They ran to the employee, but he had already left too.

The villagers then realised that they had bought the valueless stray monkeys for £700 each and were unable to sell them.

Beware of Monkey Businesses

Real Businesses are always based on Real Products and Services; any profit that comes cheap has a question mark. For instance, invest #2m today and get #4m in 30days. You will get the first month, second month, with the urge to make more money, you invest both the interest and principal into the 3rd month. That's when they vacate.

No more monkeys business this year....

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

invest wisely

Again never engage in any form of Monkey Business in "2022".

Remain blessed and shine your eyes!!!

#copied.

LOL..funny but insightful story which really captures what happens in the crypto space these days, especially with memecoins. What people fail to understand is that all you need to do to succeed in crypto market is JUST ONE THING. The link in my signature explains better
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by cl0r0x: 10:58pm On Jan 29, 2022
Before you blame Binance know what my naija People do. I work in Law enforcement and you will not believe what I see. all sorts of forgeries and fake KYI, social engineering people to obtain OTP and transfer their funds to Binance. Just look at those figures those guys are mentioning, Binance is not stupid the flow of the funds is likely suspicious.

Nowadays they are using an advanced telegram bot to steal opt and authentic people's card to Binance. Being Binance in Nigeria is not easy.

1 Like

Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by peablaze(f): 2:19am On Jan 31, 2022
Buying all PayPal funds... Contact us at SWIFTPAL XCHANGE for deals..
We offer juicy rates.

Contact in flyer..

CLEAN FUNDS ONLY!!!
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by Wizklynd23(m): 9:50am On Mar 01, 2022
Springboot:


From your interactions with them, you seem like a genuine person ready to provide all the information needed for verification but unfortunately most of the guys crying online are scammers. I hope they lift the suspension on your account.

They have uplifted the ban on my account.. Thank you

2 Likes

Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by spearmintgarden(m): 11:19pm On Apr 14, 2022
PapaNnamdi:

Go learn a trade boy,
Na fraud money you wan use train ur children for school?

No naa u sef think am
You be mumu..everything na fraud money ..all of una go just geh mouth for here ..real life you niggas ain’t shii .Mtcheew
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by PapaNnamdi: 12:45pm On Apr 15, 2022
spearmintgarden:

You be mumu..everything na fraud money ..all of una go just geh mouth for here ..real life you niggas ain’t shii .Mtcheew

Go learn a trade boy
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by Pherule(m): 9:16am On May 11, 2022
I fiercely buy:

� BTC/ETH/LTC/USDT
� US PayPal/Payoneer Funds
� US/Canada Amazon, Target, eBay Card, and
� Coinme Vouchers (purchased in my number - ask for number)
❔ Others - ASK ME!

Instant Payment after Confirmation at My End at Unbeatable Rates with the Chinko Vendors.

Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by Bluezy13(m): 10:36am On May 14, 2022
slimanyd:
Lol. Nexo did same for me as well about 2 months ago. My 1k$ was locked up in there system. Chatted and chatted there rep , Send multiple mails, No response. After about 2 months. Those fools later send me a mail that I should transfer out my coin within 7 days that they are closing down my account. I quickly zeh my funds to my blockchain account instantly.

Guess there excuse , They said have gone against there terms and condition. Like wtf , Nexo wallet wey I dey use buy and sell crypto for people for the past 1 year. Nah when 1k$ enter from Instant naira where I dey always buy my bitcoin, Them sabi say I don go against one foolish T and C. I was even happy I did not buy bitcoin from a 3rd party person maybe they would have changed the story for me.

But binnace no dey show love sha. Since u don't want them to use ur wallet again. Release there coins to them and let them go somewhere else. This shit . they can't do it with all those white niggas . They will sue there ass off. Awon ole
Good day,
Please I want to buy coins on Binance, I don't know how reliable it is or kindly suggest a better platform.
Also I am new to the wallet part, I learnt that to keep my coin safe, I will have to transfer it into an offline wallet. Please how do I go about it ?
Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by Niswayne19: 6:44am On May 16, 2022
Bluezy13:

Good day,
Please I want to buy coins on Binance, I don't know how reliable it is or kindly suggest a better platform.
Also I am new to the wallet part, I learnt that to keep my coin safe, I will have to transfer it into an offline wallet. Please how do I go about it ?

You can try other platforms like Yellow card, paxful, bundle. They also have a guide for those new to crypto.

1 Like

Re: "Binance Stop Scamming Us!" - Nigerian/African Traders Lament, Blast Exchange by AlphaTaikun: 9:07am On Nov 22, 2022
KINGofHELL:
If you are an African cryptocurrency trader or hodler and you use Binance, you should consider moving your cryptocurrency assets out of the exchange to a cold wallet until the exchange explains why it's targeting Nigerians' accounts for freezing.

Meanwhile, #BinanceStopScamming is currently trending on Twitter.

See tweets below.

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