Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange - Business (2) - Nairaland
Nairaland Forum › Nairaland General › Business › Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange (24759 Views)
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by GreaterFuture(m): 1:09pm On Feb 22, 2024 |
Ok |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Ckonnet: 1:10pm On Feb 22, 2024 |
alanih:No real crypto g uses one platform. Never!!! I stopped using binance a year plus, never trust a chinese man!!! |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Sumerians: 1:10pm On Feb 22, 2024 |
No one is talking about the recent Fuel Scarcity. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by FreeStuffsNG: 1:11pm On Feb 22, 2024 |
Faiththatworks:Philippines is reportedly dealing with the economic saboteurs and their collaborators https://www.dlnews.com/articles/regulation/binance-faces-key-regulatory-test-with-philippines-poised-to-block-exchange/ Even the report itself is a PR stunt to make them look legit
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| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by ojonugba2014(m): 1:13pm On Feb 22, 2024 |
I bought ND sold few $ usdt on binance few minutes ago. Everything is working fine. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Chummynoni(m): 1:13pm On Feb 22, 2024 |
ozowarac:what are you exporting? Raw materials and inturn import finished goods of the same raw materials you exported, lol |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Ebubu2: 1:13pm On Feb 22, 2024 |
alanih:sellers have migrated to Okx , kucoin and telegram to exchange usdt Dey play! |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Haaland21: 1:16pm On Feb 22, 2024 |
Penguin2:You are too dull and unpatriotic to be taken serious..... Have you read what is on Binance website? Too eager to spew rubbish for his fellow brainless mob who does not their left from right. Sore loser who is still grieving over a failed election, whose candidate has moved on. Spits. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by OkoEmm: 1:16pm On Feb 22, 2024 |
Faiththatworks:2 bottles of stout and nkwobi for you. You've said it all. Binance should only quote rates that are approved by CBN. Anything else is economic terrorism |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by ozo13(m): 1:18pm On Feb 22, 2024 |
Faiththatworks:thanks for being objective in ur analysis |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by XPMExchange: 1:18pm On Feb 22, 2024 |
The blocking of Binance and other crypto firms in Nigeria by the Federal Government came as a shock to Nigerians. According to the media, the ban was as a result of the firms not folllowing. They were “neither registered nor regulated by the Commission and its operations in Nigeria are therefore illegal”. Meanwhile, XPM Exchange remains a safe and secure platform that is already registered in Nigeria under the Corporate Affairs Commissions (CAC) and Special Control Unit against Money Laundering (SCUML) which is controlled by the Economic and Financial Crimes Commission (EFCC) Thereby buying and selling of coins, swapping giftcards and converting e-wallets funds for Naira is permissible and safe on our platform. You can click on the link on the signature below to get started. THIS IS NOT AN ADVERT |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by HEBEI: 1:18pm On Feb 22, 2024 |
Faiththatworks:Tinubu should start from himself if he really wants this country to move forward. Even you typing and posting on the government's behalf should start from within your circle. Tinubu is not fit to govern this country. To even think that he is an accountant is beyond common reasoning. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by loswhite(m): 1:19pm On Feb 22, 2024 |
Front0lane:The way you are sounding it will be like you are more intelligent...lol. Please is it the governor that just came in less than a year that created a situation were we have domiciliary account in Nigeria? It is foolish to think that you can just wake up and turn Nigeria to south Africa overnight. It is easy to sit in your kitchen with zero knowledge and type thrash afterall the internet make dunce looks like expert. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by zionstaar75(m): 1:19pm On Feb 22, 2024 |
Cindypresh:town crier |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by BreconHills(m): 1:21pm On Feb 22, 2024 |
Thissystem:And the root cause is? |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by zionstaar75(m): 1:21pm On Feb 22, 2024 |
loswhite:gbam!see ignoramus like genius |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Lomprico2: 1:22pm On Feb 22, 2024 |
Front0lane:Tinubu and his criminal likes (politicians) won't want that because looting with USD is easier for them. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by dc23(m): 1:24pm On Feb 22, 2024 |
The exchange isn't direct. First the rate to the dollar is established and then used as a rule to other currencies. Even if you wanted to change naira to cedi the dollar equivalence is still what you get. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Tonytonex(m): 1:25pm On Feb 22, 2024 |
Thissystem:if it will help strengthen the naira, it is a good one. But if it is done to create more poverty for Nigerians, God will punish them. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Princedapace(m): 1:26pm On Feb 22, 2024 |
Faiththatworks:I thought Nigeria floated Naira, so the market force can determine the true value. If people dont rush to buy dollar with naira, naira will gain strength. The problem is that the number of people seeking to purchase dollar is high, from those seeking medicals abroad to those seeking to travel abroad, to those paying school fee abroad, to those importing items abroad. The list goes on and this is in millions of naira. To strength our naira, we must fix our educational system to reduce the number of nigerians running abroad for education, we must fix our health care to reduce medical tourism, we must fix the rat at which Nigerians dey japa. If these arent fixed, nothing will make naira gain strength. binance operate in many countries, no one comes to decide the price of trades than the market forces of demand and supply. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Dsimmer: 1:27pm On Feb 22, 2024 |
Crypto including binance are no different from speculators, BDC and money launderers. Either they're properly registered as money service company which must be regulated or they should be totally banned altogether. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by racerve(m): 1:30pm On Feb 22, 2024 |
Thissystem:Did you actually read what you screenshot? It's a generic PR statement. At no point did they say they're working with the Nigerian government. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Bmaster(m): 1:31pm On Feb 22, 2024 |
Faiththatworks:this is how dude,fix your worth as a country and leave binance the fvck alone
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| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by BreconHills(m): 1:32pm On Feb 22, 2024 |
burp18:Nigeria or Nigerians? The Government is not the one importing human hair and $5000 whiskey - all of which have zero economic value. By the way, the bolded is an exaggeration. Nigeria exports agricultural commodities and some minerals. Nigeria also receives USD for services, movies and creative activities. It exports gas and yes even electricity. These figures may not be as significant as crude oil but to say it does not export anything is an exaggeration. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Offpoint1: 1:36pm On Feb 22, 2024 |
Thissystem:Just bought USDT now on binance and try the sell option, it's still very much active... Where's the ban? |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by lekonso: 1:40pm On Feb 22, 2024 |
ozowarac:Compare to the population it is absolutely nothing |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by rdsco(m): 1:41pm On Feb 22, 2024*. Modified: 2:01am On Mar 23, 2024 |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by 2Radii: 1:42pm On Feb 22, 2024 |
alanih:they never block u from trading yen against euro |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by ObalendeCMS: 1:42pm On Feb 22, 2024 |
Front0lane:I believe those guys have dom acc. too. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by Badgers14: 1:43pm On Feb 22, 2024 |
Front0lane:I have been saying this for years.. We all know the problem of our country but the powers that be don't want to fix. Why arresting BDC folks in the street.. that doesn't stop anything.. Most people that deal with BDC have their contact and sometimes their transactions are done inside the bank if the volume is big. If naira is solely utilized in Nigeria.. if people can just walk inside their bank and effect a wire at an official rate, who would patronize the BDC? No one would tell them to close shop .. they would close their shops by themselves |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by descartes400: 1:43pm On Feb 22, 2024 |
Front0lane:I hope the President will have the political will to carry out the embolden..because that's the banking method of the so called political elites. I'm sure it does not even cross their thoughts. |
| Re: Binance Confirms Working With Tinubu Govt To Block Dollar-naira Exchange by ObalendeCMS: 1:45pm On Feb 22, 2024 |
Could increase in usdt be the "cause"? |
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