₦airaland Forum

They quickly moved their rates to N680 to 1 dollar? you realise that the rate is determined by customers not the exchanges right? also when you trade on an exchange you are only buying from other customers not the exchange itself so there is no profit for the exchange in having a higher rate as the profit comes from more people transacting and paying fee.

The way people post here with little or no knowledge is terrifying and then jumping to conclusions about ripping people off is just begging to be sued and when that starts happening more people will take time to research before spewing garbage.

your should check out Slippage and consider the effects of similar ban on other countries and exchanges. This energy should be focussed on the government who make policy decisions without considering market effects.