There's no need for back and forth, we've seen how this is unfolding... Now NGN has been delisted from Binance and we are left to seek alternative in other exchanges whose P2P still accept naira pair. I recently used Bitget for my P2P and it works so well. We shall survive our government and policies.

The Federal govt of Nigeria, home to the highest P2P volume and largest crypto economy in Africa, has cracked down on Binance, one of the top cryptocurrency trading platforms in the world, in an effort to protect the struggling naira. As a result, Binance has disabled its peer-to-peer (P2P) Naira NGN trading pair function for Nigerian users.

This step by the government has left Nigerian traders without the option to trade on Binance using the popular P2P function, which previously enabled them to buy and sell without third-party interference. Many users are now turning to other top exchanges like Bitget which seems to be gaining more attention now as the platform still offer NGN trading pairs for P2P trading.

My question to Nigerian P2P traders, especially merchants, is: how are you coping with this development? Are you staying loyal to Binance despite the clampdown and customer migration to other exchanges or are you moving your business to other exchanges that accept NGN trading pairs?

And now that there's news of Nigerian Government slamming a $10 billion fine on Binance I hope the presidency will adopt the art of compromise and negotiations in cases like because I've been wondering, Nigeria is a big market for Binance and Nigerians needs Binance. Which party will be most affected? What do you all think about the issue?

There are certain token categories that I intentionally consider while stacking my bags with assets for the Bull.

Basically, I look out for AI, Gamefi and L2 modelled tokens.

However, having a platform for listing updates of fundamentally solid assets is a good strategy.

See tokens like $Portal that came with an immense amount of hype unheard of lately in the CryptoSpace.

Gleaning from $TIA's current price action, compare it with those who bought immediately it got listed, it is quite clear how much profit has been made.

The airdrop farming push is helping investors to see users flood Twitter with tweets and campaigns in a bid to be eligible for a slice of the Airdrop.

Celestialsword:
Will they not go after other exchanges still operating in Nigeria

I don't think they would want to go that far. Note that most of them or their sons or relatives are also benefiting from Cryptocurrencies. However, I assume the Nigerian Govt. would want a share of the crypto money. They paid $4 billion fine in the United States. The point is, the presidency must adopt the art of compromise and negotiations in cases like this. Cos that's just how they can benefit from this situation.

While all these sudden policy seem to be frustrating Nigerian who have found survival route in cryptocurrency and a market in Binance, I'm sure the fight by the two elephants (FGN and Binance) won't kill the grass (Nigerian) we will survive. There are other emerging crypto exchanges that are better alternative or following after the right footsteps of Binance. Exchange such as Bitget. I've used their P2P option a couple of time and It goes well and fast. It might just be a good time for Nigerian P2P Merchant on Binance to diversify and become merchants on Bitget or other surviving exchange and we continue pushing as a people. I don't want to mention Mexc since I barely use them. Yeah. Nigerians need Binance but Binance too wouldn't want to leave the Nigerian market.

Although I read on gazettengr . com on Friday where Binance claim it was not in any talks with the Nigerian government about potentially paying up to $10 billion in fines, contradicting FGN spokesman’s statement to the BBC hours earlier. Let's just watch things play out. But find alternative and continue your crypto endeavors.

I used to believe that real investors despised meme coins, but it appears that's the fact. While I personally was skeptical of the hype surrounding meme coins, particularly after seeing their volatile performance, I now understand that they were never meant to be taken as seriously as traditional cryptocurrencies like Bitcoin.

The surge in popularity of meme coins in 2021, fueled by endorsements from prominent figures like Elon Musk and Mark Cuban, has challenged the conventional wisdom of investing. Despite my initial reservations, it's hard to ignore the fact that meme coins have achieved market caps larger than some major corporations, sparking curiosity among investors.

I recently came across a discussion on a forum about Bitget exchange currently offering a substantial reward pool for trading meme coins like Doge, WIF, PEPE, BONK, PEOPLE and others within their "Meme Zone." This prompted a seasoned altcoin investor to question the reason of rewarding meme coin traders over those investing in other altcoins or Bitcoin. It begs the question: should investors focus solely on one type of crypto asset class, or should they diversify their portfolio for potential profits?

I'm curious to hear your thoughts on these evolving trends and whether investors should reconsider their attitudes towards meme coins and alternative cryptocurrencies.

PARADIZEPRIEST:
binance is banned in UNITED KINGDOM,IT IS BANNED IN CHINA, USA FINED THEM 4.5BILLION LAST YEAR FOR INFRACTION. BAN THEM IN NIGERIA,WE DONT HAVE THE HITECH REGULATION TO REGULATE THEM.

My question is, how are other Exchanges doing it? They fined Binance in USA but others exchanges like Bitget still functioning there now Nigeria, them don drag Binance for mud, ofcourse. Maybe we'll stick with Bitget na for now.

Maxicreed:

It's not only Binance cos few other exchanges are also involved but you may wanna sign up with Bitget cos that's where it's happening right now.

E com dey like say them plan Binance tey, they! Make we shaa dey use wetin dey work for now na.

sonofthunder:



So what does this signify and what are the alternatives for Nigerians that already have crypto currencies?

We will still find our ways. Unless they plan to block all exchanges. For now, Exchange like Bitget works for me. If e get as e be, we go dey sell among ourselves like trade and barter.

The cryptocurrency landscape is constantly changing, with one of the most exciting recent developments being the emergence of AI tokens. These digital assets, which aim to support AI projects within the blockchain ecosystem, have caught the interest of investors and enthusiasts alike.

Recent data shows a growing interest in AI crypto tokens, as evidenced by increased Google searches and rising token prices. This surge in popularity can be attributed to the advancements in AI technology and its integration into the blockchain industry.

Statistics from CoinGecko indicate that AI was the primary crypto narrative in 2023, making up 11.3% of total interest in crypto topics. Despite a bear market affecting the overall crypto market, the sustained interest in AI has kept AI-related tokens in the spotlight. The use of AI across various sectors, including cryptocurrency, has opened up new possibilities for innovative applications and services.

Finding AI tokens before they become popular can be a challenge, as they often gain attention only after their prices have already increased. I am particularly concerned about missing out on events like the BG Wallet launchpool, where users can trade AI coins for rewards. I wonder how others are discovering these tokens for their portfolios. If you have any idea, please share.

Eligibility for the $SLN airdrop program is claimed to be based on dual-tier allocation system, Tier 1 caters to the most active users and contributors, while Tier 2 to all those who contributes generally to have a chance to participate via a lottery system. well, the claim for their use of these approach ensures inclusivity and provides the best opportunity for the most contributors to secure a meaningful allocation. A lot of persons complained not being eligible, I included. Talking about SLN potential, it's advisable to hold a good bag since the project work to deliver a new paradigm in digital asset value creation. Digital assets become more valuable when they have their own front-end. It's good to not to fade this.

Amid the hype surrounding AI chat bot and AI-related tokens, I decided to delve into the topic to understand what all the fuss is about. What I found was that these new-age tokens are leveraging the combination of blockchain and artificial intelligence to address the shortcomings of traditional blockchain tokens and create value.

This integration of AI and blockchain technology is now enabling smoother transactions, improved asset allocation, and more accurate risk assessment. During my research, I noted that a significant number of AI tokens have experienced substantial growth, with half of them seeing double-digit increases. I came across some informative infographics from Bitget Wallet, cryptoList, and Mooners and shakers highlighting some of the top AI coins like WLD, SORA, AGIX, GRT, and NMT.

While all of this has piqued my interest in these technologically advanced tokens, I am unsure if this is just a passing trend or if developers are intentionally tapping into the potential of combining AI and blockchain technology to enhance the value and utility of cryptocurrency. For those who have explored AI coins, what are your thoughts and observations? I would love to hear from you in the comments below as we continue to learn and grow together in this space.

MantheDude:
Reports like this are called Fundamental and Technical analysis, they are usually helpful in making informed decisions. Exchange tokens are just like other alts but this time around with a sound community behind it, and the success of $BGB and $MX has been seen in their contribution to the space. $BGB seem to have the most commitment and dedication that we can point to as a good usecase, hence the trend, I'm sure the bull market will bring in the best in this token. Nice one there.

It's exciting to see this thread again. I guess when this was posted BGB was around $0.7 and now have crossed $1.04. what an exciting time to be a holder. Which other exchange token is worth holding this time along with Bitget token?

Blockchain technology has progressed beyond simple peer-to-peer transactions, giving rise to decentralized applications (DApps) and improved speed and security solutions. New developments in cryptocurrency, such as the merging of ERC-20 and ERC-721 tokens to create ERC-404, demonstrate the potential of blockchain technology to address liquidity issues faced by digital assets like NFTs. This innovation could reshape the blockchain space's asset liquidity, generating interest in tokens like Pandora and the upcoming Dancing Beans (BEANS), set to be listed on Bitget. As these technologies continue to evolve, it's wise for investors to take notice and consider investing in these developments, with hopes that BEANS will outperform Pandora.

LeeJunior:


Providing a platform where users can earn while having a lot of fun is massively underrated. I read up on the project's tokenomics and it seems solid, with a stable team behind. All things point to this being a long-term success. Tbh, seeing $MAVIA trading volume rise this past week has been no surprise, especially since it officially got listed on bitget.

I missed and opportunity to be rewarded by the ecosystem for not trying out the game. All participants who tried out the game got 12.5 MAVIA and as at when the reward was distributed, each Mavia token was worth $4 and in few days each cost $6.6 last I checked. I was pained .. but there's always another opportunity right here in the crypto space. Meanwhile I took advantage of the listing events and rewards on Exchanges like the one you mentioned above. The gaming industry is really making many rich.

JeyddaS:
Hey everyone,

I just wanted to chat with you all for a bit. I’ve been trying my hand at futures trading, but it’s not going as well as I hoped. So, I’m thinking about switching things up. I’ve heard about copy trading in the crypto market, where you basically follow the trades of successful traders. I’ve seen people make good profits regardless of market conditions, so I’m curious about trying it out. Also, there’s this smart copy trading on Bitget that I saw people talking about on Twitter. Can anyone share their thoughts or experiences with this type of copy trading? And if you have any recommendations for the best platforms for copy trading, I’d love to hear them. Thanks for any advice you can offer!

It seems you're new to the crypto space. Copy trading isn't a new thing. Infact it has been one way busy crypto enthusiasts or those who do not have the time to devote in learning how to trade by themselves make their profit through Copy trading. Copy trading enables individuals in the financial markets to automatically copy positions opened and managed by other expert traders. When they experts are in profit, you'll automatically be in profit as well, depending on your capital (for example, how much money you allocate to your trading account and the risk settings), Before now, there used to be Platforms offering copy trading but most of those Platforms could shut down their service any time. So the trust issue was a big deal. But now reputable platforms like Bitget and Binance are widely used. Just recently, Bitget upgraded their Copy trading to as simple as what anyone could use such that it's just with two to three clicks. Maybe that's what they term as Smart Copy trading. If that's it, it's okay. Hope you will have other answers later that will clear your curiosity.

Good luck!

The rise of blockchain games has been notable, offering players innovative experiences and features. Well-known titles like Sandbox, Axie Infinity, Gods Unchained, Decentraland, and others have garnered widespread attention and continue to attract active communities. Additionally, new games like Dynasty Wars (DWARS) are emerging, even listed on Bitget and other top crypto exchanges demonstrating that the trend of gaming tokens is still going strong.

Considering the past performance of gaming tokens and their potential future, it raises the question of whether they can truly revolutionize the gaming industry with the potential to provide players with true ownership of in-game assets and foster a decentralized gaming ecosystem that offers real-time rewards whose value can hold up at all time.

PalazoGiggy:
I haven't really been interested in memecoins since entering the crypto space 5 years ago. Wasn't moved by SHIB, DOGE and FLOKI moves in the past years but my interest started back in April of 2023 after PEPE came to limelight and subsequently hit over $1b mcap in less than 3 months with many investors making 50 to 100× whereas there are many altcoins that has been in existence for over 5 years without attaining such height

I became more interested after BONK followed similar pattern few months ago and decided to ape a little bag of MYRO towards the end of 2023 when the token dipped and it wasn't long before the token printed some green candle and went bullish around late January. Quickly took some profit and reinvested some funds after another flash dip.

While browsing through my X feed today, I was surprised to see the token trending again and on opening my Bitget PF, I was already 2×+ of what I just recently invested. Quickly took out decent amount of profits again.

It's not too much though but looking at the current BTC and major altcoins trends, I think looking into potential memecoin can do some magic and keep one afloat before the bullrun but of course it's not a financial advise.

I like Meme coins for the excitement around them and their price performance. Just that you need to know when to get in and when to take profit. In many states in Nigeria, I wonder why people don't eat PORK yet I saw a meme coin named $PORK currently trending on twitter even listed on some of the top Platforms and many Nigerians within the crypto space are buying in. I agree, meme coins can easily give good profit like X2 to X10. I haven't had X100 yet. But there are those who catch some of these meme coins early and yet those height. And that's huge profit depending on how much was Invested. Let's see what becomes of the few I have in my portfolio.

XTRAVAGANZA:


$11 million USD seems very cheap. I've noticed that there is also an event for it on Bitget.

What event, man? If there's giveaway, airdrop or opportunity to claim tokens, don't fail to share.

In the world of brands, having a celebrity by your side is like having a VIP pass to the red carpet. It's all about riding on the wave of their fame and fortune. Picture this: a dazzling celebrity, with their legions of adoring fans, steps onto the scene and BOOM! Your brand is instantly thrust into the limelight. It's like a cosmic supernova of visibility, reaching a wider audience in the blink of an eye. Think about the video I saw Messi showing Bitget App in his device and asking his fans to use it. That's stealing the show for the exchange.

For the users, you're aware people are more likely to choose a product endorsed by their favorite celebrity. However, let it be known that true loyalty lies in the heart of quality and satisfaction. So, the football icon simply introduced the brand, whether users will stay using the brand is if they're satisfied after their first try of their service. I guess that's the case.

RidwanMalik:
Honestly, it's quite alarming, especially considering the vast amounts of digital assets like ETH and USDT that were swiped from Houbi. My thought is, this is more than just a wake-up call, it's a critical lesson in the importance of security in our crypto dealings.

I guess the key takeaway here is the need for vigilance in choosing where we store and trade our cryptocurrencies. We need more than just assurances – we need solid, tangible security measures.

This brings me to the importance of user protection funds. For example, Bitget stands out with its $350 million user protection fund. But It's not just about the numbers though. It's about the commitment to user safety and the sense of security such a fund brings. And bitget seems to be taking this commitment seriously with a total reserve ratio of 199%.

What I'm trying to get at is this: as much as we're all into the potential and excitement of cryptocurrencies, we can't forget to be smart about it. We've got to make sure we're using platforms that really value our security. It's our safety and the protection of our investments that should always be top priority.

Like an explosive movie scene, this epic hack left HTX exchange and the Heco Cross Chain bridge with a heart-stopping loss of a mind-boggling $97 million across a whole bunch of different cryptocurrencies. Talk about an epic fail, right? That's like witnessing firsthand how digital asset platforms are not invincible. But hey, let's not forget the silver lining in this dark cloud. They've got some chinks in their digital armor that need some serious patching up. It's the flaws all Exchanges need to level up to face the challenges that lie ahead. You mentioned actionable steps and commitment towards security. That's it!

PalazoGiggy:


Of course one should have BTC and ETH in their PF because aside expert opinion, there is no bullrun without this two coins. However, it's important to note that several altcoins can even out perform this tokens hence the reason to do research. Binance token BNB did so well in the last bullrun and considering the steady growth of Bitget over the last 2 years despite the bear market, their native token BGB might be another 100× token hence I have got my eyes on it and I think you should also look into it.

I was about to mention BGB when I saw the post title. You've done that already and I quite agree. the asset's price recently crossed its new all-time high of $0.58, with its market cap crossing the $800 million mark for the first time. there's been prediction of it hitting $0.62 soon. we'll may all be surprise with an even great price surge at bull. Maybe despised the genesis of BNB but look where the price is right now.

Abigailzino:
It has been confirmed that Poloniex exchange has been hacked and about $120 million has been stolen. What's surprising is that the hacker has been offered a bounty for the hacker to return the funds.

Shouldn't that rewards be used to you know, find solutions to strengthen the exchange's security?
Secondly, what's going to become the fate of the exchange users? I guess now they have to find a better and more secured exchange.

Thoughts?

The occurrence can be attributed to the inadequate security network of Poloniex. It is needful that they, along with other exchanges like Binance and Kucoin, implement stronger security protocols to counter hacking attempts. While this issue is not new, its effect on the market situation are likely to be significant, given the recent news. Although I've always asked this question; How are exchanges like Bitget, Kraken, and others successfully avoiding security exploit incidents? Can't others learn from them?

Abigailzino:


Lol as funny as it sounds yeah, if you play in this current market conditions without any solid strategies ehn, you'll learn the hard way. Man is just playing safe to be frank.

Yes na, not as if there are no people that are skilled in trading and making profit even in this kind of market but I just na to play safe be my own. That Platform I use even have more of similar bots good for managing risk. It's just to check very well on their Earn product section to see the one that meets what you want.

Southeast21:
Please who has knowledge of copy trading in forex.

If you do please;

Is it real?

what is the best and most reliable platform?

have u successfully uploaded your identity proof?

what are your challenges while copy trading?

can one copy trade with mobile device?

Remain blessed!

Recently, copy trading is becoming more and more popular and that's to show how much people are embracing the benefits derived from simply copying trades of experienced or expert trades. I have been copy trading on Bitget for almost 9 months now and the experience has been impressive, and the profit coming in consistently although small due to my investment amount. Compared with the experience I had with another platform 2 years prior that made me almost give up on the idea of copy trading. In choosing a platform for copy trading investors should do due diligence to check for hidden fees and charges. Some copy trading platforms may charge additional fees for copying trades, while traders being copied may also charge a commission on their trades. You should be aware of these potential fees and charges and factor them into your investment decisions as some platforms leaves that as grey area. You can copy trade with your mobile phone, it's just about clicking here and there. I have some videos on how to start and setup your copy trading on BitGet if you want. Or you can signup here
https://partner.bitget.com/bg/1RA7A4
After that, go on youtube and search for Bitget Copy Trading. Good luck!

First before we dive into the discussion of utility tokens, let's clarify the difference between a Coin and a Token. A coin is a digital asset that is used as a medium of exchange and is created and stored electronically, used to access goods and services. A coin is created on its own blockchain example Bitcoin and are not backed by any government or central bank. Coins are typically decentralized, meaning they are not controlled by any single entity.

while Tokens are typically used to facilitate transactions on a blockchain, tokens don't have their own blockchain, It's built on another blockchain example is Basic Attention Token (BAT) which is built on the Ethereum blockchain. There are Utility tokens and tokens without utility.

Utility tokens are tokens that are used to access a product or service. They are to be used to access a platform or service, for example a trading exchange. Utility tokens are often used to incentivize users to use a platform or service, as they can be used to purchase goods or services within the platform. They can also be used to reward users for their participation in the platform.

Crypto exchanges tokens are an important part of the exchange ecosystem and a good utility (Use case) for a token. They provide incentives for users to use the exchange, and they are also used to reward users for their loyalty. Crypto exchange tokens are often used to fund development and marketing efforts, as well as to provide liquidity to the exchange. The performance of these tokens nevertheless have significant impact on the success of the exchange and how investors perceive the exchange. As such, it is important for exchanges to monitor the performance of their tokens and take steps to ensure that they remain attractive to users.

While I pounder and researched on which exchange token is worth holding long term among other tokens with good utility even as many Crypto enthusiasts anticipate the bull run, I stumbled upon a report by TokenInsight that claims the Majority of Exchange Tokens Are Not As Profitable As $BTC except for $MX and $BGB.

According to these report's analysis of a number of exchanges token performance, $MX and Bitget Exchange token $BGB are reported to have largest price gains since the beginning of the year, up 234% and 134%, respectively. Should a report as these justify a buying decision of an investor who desire to hold some tokens long term in anticipation of the bull run?

Nigeria is announced Number 1 on the list of countries to benefit from Bitget Blockchain4Youth Builders Program to recruit and train 100 youths in Crypto, Blockchain Development and Web3.

Right now as I write, the global demand for blockchain developers has been increasing steadily. Many companies and startups are looking to integrate blockchain into their operations, which creates the demand for more youths to emerge as experts in this area.

Blockchain Development is a promising career path. It goes beyond coin development to other wide range use cases. These program will provide comprehensive education and training for beginners.

Bitget as one of the leading Crypto exchanges is committed to preparating and developing young talents of vibrant youths into vast awareness of the possibilities of digital currencies and other opportunities within the space.

Other countries on the list includes: Kenya, Egypt, Morocco, Argentina, Mexico, Venezuela, Colombia, Peru, Bulgaria, Czech Republic, Romania, Kazakhstan, Bangladesh, Sri Lanka, and Saudi Arabia.

Read the Initial announcement from Bitget https://www.globenewswire.com/news-release/2023/08/02/2716617/0/en/Bitget-s-Blockchain4Youth-Initiative-Launches-Builders-Program-to-Recruit-and-Train-100-Youngsters.html

That was before the attention of the team was drawn to the active participation and interest of Nigerians in Blockchain and Web3 Metaverse and NFTs.

Share to university students groups and to friends to get ready.

*ARE YOU LOOKING FOR OPPORTUNITY TO MAKE PASSIVE INCOME JUST WITH YOUR MOBILE PHONE?*

Let me Introduce you to *AUTOXIFY:* the most Unique *Smart Contract with:*

100% Referral Activator - You don't need to refer anyone before you earn!

100% Risk Free!!
No one will ask for your money.

Join *Africa Emerald Team* for support.

+2347068290870 WhatsApp only