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RE: DeFi In The Nigerian Space; Controlling Finances You Can Understand?

in LeoFinance4 years ago

Well you need the banking system to trade Crypto, converting fiat into crypto was done through the commercial banks in the past and it was very fast and easy but these days crypto trading is banned in Nigeria and buying or selling has become almost impossible. Though a few people knows their way around.

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hmmm, that's really unfortunate... So I guess it will depend on the online vendors to accept cryptos

Online vendors too depend on the banking system, so now its back to P2P on Places like binance. Its a pretty tight situation

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