I will first look for a cool lounge where I can watch football matches and also a walking route for my evening walks so I can enjoy my music in peace

City really dominates this league almost every game. They didn't even give Wolves any chance at all.

Enjoy amazing discount on Oraimo accessories by using the code; phyna

Just Make more money. Side gigs, freelancing, investing in stablecoins on apps like Binance or Yellow Card etc

What is the current rate on Binance for usdt? Yellow card sold for N696 on Friday

Started using them recently and their usdt rates has been one of the best out there

Niswayne19:

Yeah I currently use the Yellow card exchange platform

Did anyone use this platform here?

They have integrated payments on their platform? that is a good one

On this Yellow Card platform?

Ezlynn:
Despite the devaluation and bearishness I'm still buying the dip at the best rate.

Heard their rate is actually one of the best

Niswayne19:
Make more crypto just Dey enter my yellow card account. Withdrawing at that rate will be nice.

Alusiizizi:


If the allegations are true about illegal printing, domiciliary account will be of limited value. Imagine depositing all your $$ and then at a future time be told that "there are no dollars" when you need to withdraw. Better to convert to USDT instead, a crypto-currency.

That is why I use Yellow Card to convert my naira to USDT and vice versa

Juanmike:
How do I go about it

Check out Yellowcard app, they have the best rates in the market

She is so good

This will make trading easy if you have bulk trading

Many Nigerians are hedging against collapsing local currency by amassing dollar-denominated digital assets, in particular stablecoins and bitcoins, thereby causing the fiat local currency (naira) to plunge to a record low in the black market.

According to recent data, Nigerians traded over $5 million worth of Bitcoin on the popular P2P trading website Paxful, and LocalBitcoins saw a 258% increase from last week’s data.



Many Nigerians nonetheless exchange the digital currency in the peer-to-peer market where transactions are priced in dollars, despite the fact that banks are forbidden by the central bank from aiding cryptocurrency transactions.

In addition, information gathered from foreign exchange dealers in various areas of Lagos, the country’s commercial centre, revealed that the Naira was exchanged for the dollar on Wednesday at a rate above N710 to the dollar, while the hard currency was purchased from holders at a rate between N695 and N700 to the dollar.

Also escalating market volatility in the shadow market is the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele’s recent comments at the recently concluded MPC meeting, thus increasing the number of Nigerians panicking and selling their Naira investments for dollars.

- In a time of limited liquidity brought on by mounting unease and demand for stablecoins as a shelter currency, the Nigerian naira set a new record.
- Since July, the naira has been falling to new lows on the black market due to a lack of dollar availability as the central bank works to encourage trade through authorized exchange channels.
- As the election campaign draws near and inflation threatens to devalue the Naira, an increasing number of Nigerians are likewise attempting to be cautious.
- Nigeria has several different exchange rates, but one of them is the official rate, which is closely regulated by the Central Bank of Nigeria. There is also an unofficial black market, where prices are more fairly reflective of the value of the naira because they are mostly based on supply and demand, but are highly manipulative due to low trading volumes and its opaque nature.



Culled from https://nairametrics.com/2022/07/28/nigerians-run-to-crypto-amid-falling-naira-bitcoin-p2p-trading-surge-by-258-in-7-days/

darediamond:

Sense.
You are Smartly SMART!!!
GBUTIA!!!

Make i just focus on trying to trade my USDT on Yellow Card app

when they appointed him, was the naira this bad? If your former CEO employs someone and you try to observe how they will work for you and they do nonsense will you keep them in the job?

Healthquest:
this is a pdp cbn Governor appointed by a pdp government and handed over to the Apc , talk anoda tin. Pdp is a worst and wud have shattered d economy by now

We have to be very careful too, these scammers are always going the extra length to swindle unsuspecting people

Same here

Hezzyluv:
I am among the 13million people

Maybe he's going back to Barcelona as a coach

This particular power bank has to be one of the best. Got it not long ago and the usefulness is out of this world

PlaysNigeria:
Well after asking around, i think the best budget friendly powerbank is the oraimo 20,000 Traveller powerbank with fast charging.
I got it for 10,000, slightly higher that the itel 20,000 for 9k. And it has a year warranty.

I can confirm that this Oraimo power bank is good. And you won't even know it's 20,000mah

No fewer than 13 million Nigerians are in possession of digital assets, as the United Nations Conference on Trade and Development (UNCTAD) has rated the West African country third among countries with the highest number of cryptocurrency holders in Africa.

Latest data from the UN agency’s policy brief indicated that the country was trailing Kenya and South Africa, with about 6.3 per cent of the Nigerian population owning or holding cryptocurrencies.

From the country’s estimated population of 211 million inhabitants, this meant that a little over 13 million were owners of digital currencies in 2021.

The UNCTAD policy brief put Kenya ahead of Nigeria and South Africa with the highest proportion of crypto-owning inhabitants than any other African country.

Kenya’s digital currency ownership of 8.5 per cent as a share of the population was the highest in Africa and the fifth-highest globally.

Only Ukraine with 12.7 per cent), Russia (11.9 per cent), Venezuela (10.3 per cent), and Singapore (9.4 per cent) have a higher proportion of crypto-owning residents than Kenya globally.

South Africa was the second-ranked country in Africa and eighth globally, with 7.1 per cent of the population that owned or held cryptocurrencies in 2021.

Although the Central Bank of Nigeria’s (CBN) restriction on banks to allow trading in crypto currency subsist, Nigeria is currently one of the biggest cryptocurrency markets globally.

Six Nigerian banks were in April reportedly fined N1.315 billion by the CBN in the 2021 financial year for failing to comply with the apex bank’s directive prohibiting their customers from trading in cryptocurrencies.

However, the Securities and Exchange Commission (SEC) recently released guidelines on the liberalisation of the cryptocurrency market.

Out of the 20 countries that were surveyed by UNCTAD in the latest policy brief, Australia was found to have the least percentage of its population (3.4 per cent) that owned cryptocurrency in the said period.

UNCTAD acknowledged that cryptocurrencies have grown in their popularity because they are, “an attractive channel through which to send remittances.”

The United Nations agency also revealed that it found that middle-income individuals from inflation-hit developing countries own or hold cryptocurrencies because they are seen, “as a way to protect household savings.”

However, based on its findings, the UNCTAD stated that it determined that, “the use of cryptocurrencies may lead to financial instability risks,” adding that their use potentially opens “a new channel for illicit financial flows.”

The UNCTAD policy brief added: “Finally, if left unchecked, cryptocurrencies may become a widespread means of payment and even replace domestic currencies unofficially (a process called cryptoisation), which could jeopardise the monetary sovereignty of countries.

“The use of stablecoins poses the greatest risks in developing countries with unmet demand for reserve currencies.”

To minimise some of these risks, UNCTAD recommended the imposition of taxes that discourages crypto trading, including “the mandatory registration of crypto-exchanges and digital wallets.”

The agency also recommended imposing, “entry fees for crypto-exchanges” or levying taxes on cryptocurrency trading.

Doing this, it stated, would make the use of cryptocurrencies less attractive, even as he prescribed the restriction of cryptocurrency advertisements and the issuing of a central bank digital currency (CBDC).

Meanwhile, the value of global trade rose to a record $7.7 trillion in the first quarter (Q1) of 2022, an increase of about $1 trillion in the corresponding period of 2021, a report by the UNCTAD has stated.

The just-released UNCTAD Global Trade Update revealed that the growth, which represents a rise of about $250 million relative to Q4 2021, was fuelled by rising commodity prices, as trade volumes have increased to a much lower extent.

According to the report, although expected to remain positive, trade growth has continued to slow during Q2 2022.


Culled from https://www.thisdaylive.com/index.php/2022/07/12/un-report-over-13m-nigerians-hold-cryptocurrencies/

Pastorjohn2:


Who am I to complain?

I spoke to a friend just now, he has borrowed me extra cash.
I got 9k now

I have never heard of yellow card before

Check it out?

The naira is a disgrace currently. That is why we hedge funds with usdt on yellow Card App

No matter how much you earn, always save.,

Here for the answers too. They might be helpful

DYOR is very important

The streets say Yellowcard App is up there among them too

Samken2:
And can anyone help me out with the crytocurrencies that can easily be mined using my phone and how

check YouTube?