How do you trade or withdraw crypto in your country?

B

Bisolami

Very Familiar

Member

Sep 19, 2022

17,833

1,538

Dex

$0.000

Raw Dex

$0.078

• May 15, 2024

• #1

Trading and withdrawing cryptocurrency used to be bed of roses here in Nigeria before but not anymore. Right now, the government is very much against cryptocurrency and we have some exchanges like Binance and Kucoin that got affected.

Now, these two exchanges have canceled anything that has to do with P2P transactions for Nigerians.
How’s it going with your country?

 

eldavis

Very Familiar

Member

Sep 4, 2022

15,092

664

Dex

$0.000

Raw Dex

$6.276

• May 15, 2024

• #2

I simply make use of luno wallet. With luno I can get my crypto, sell it on the site and get paid in my local currency and also send it to my bank account.

 

S

Stardom22

Very Familiar

Member

Sep 1, 2022

13,247

565

Dex

$4.300

Raw Dex

$0.517

• May 15, 2024

• #3

Here in my country people do use the the exchanges to buy and sell crypto currency for that matter.

 

bestwriter

Notable

Member

Nov 18, 2022

2,118

86

Dex

$2.855

Raw Dex

$0.003

• May 15, 2024

• #4

I do not trade in crypto. Whener I earned crypto I have sent it to my nephew who converts it for me in fiat currency

 

K

King Belieal

Notable

Member

Oct 26, 2023

2,963

49

Dex

$0.021

Raw Dex

$0.501

• May 20, 2024

• #5

eldavis said:

I simply make use of luno wallet. With luno I can get my crypto, sell it on the site and get paid in my local currency and also send it to my bank account.

Click to expand...

Does Luno exchange still work in Nigeria? That's because the government has banned all crypto exchanges from trading naira. How long ago have you used Luno to trade crypto to fiat?

 

eldavis

Very Familiar

Member

Sep 4, 2022

15,092

664

Dex

$0.000

Raw Dex

$6.276

• May 20, 2024

• #6

King Belieal said:

Does Luno exchange still work in Nigeria? That's because the government has banned all crypto exchanges from trading naira. How long ago have you used Luno to trade crypto to fiat?

Click to expand...

Luno is still working, I made a withdrawal early this month and there was no issue so far.

 

bestwriter

Notable

Member

Nov 18, 2022

2,118

86

Dex

$2.855

Raw Dex

$0.003

• May 20, 2024

• #7

I had a BCH wallet and some Sites paid me in this crypto. I used to send it to my nephew who then converted it to Indian rupees and sent to my bank account

 

E

Etini Willie

Notable

Member

Nov 22, 2022

3,421

93

Dex

$0.000

Raw Dex

$0.501

• May 21, 2024

• #8

eldavis said:

I simply make use of luno wallet. With luno I can get my crypto, sell it on the site and get paid in my local currency and also send it to my bank account.

Click to expand...

Tell us more about Luno exchange. Do you need to do KYC on the platform? Can one still buy crypto with the Nigerian Naira on Luno Wallet?

 

F

Fidelia

Notable

Member

Oct 28, 2023

2,383

36

Dex

$0.010

Raw Dex

$0.303

• May 22, 2024

• #9

For me, I use the Breet App to trade my crypto directly. They pay straight into my Nigerian bank account after converting the crypto to naira.

 

nomad

Very Familiar

Member

Jun 22, 2022

10,941

512

Dex

$0.010

Raw Dex

$0.400

• May 23, 2024

• #10

I use P2P trading through Binance. I can use multiple exchanges but one of the exchanges have traders from my country for P2P except Binance

 

You

Notable

Member

May 12, 2023

2,239

41

Dex

$0.000

Raw Dex

$0.008

• Jun 11, 2024

• #11

I use reputable exchanges like Binance to trade various cryptocurrencies. For withdrawals, I typically convert crypto to my local currency on the exchange platform, then transfer the funds to my bank account.

Post automatically merged: Jun 11, 2024

I use reputable exchanges like Binance to trade various cryptocurrencies. For withdrawals, I typically convert crypto to my local currency on the exchange platform, then transfer the funds to my bank account.

 

Niyi Briggs

Well Known

Member

Nov 27, 2022

7,825

318

Dex

$0.000

Raw Dex

$0.100

• Jun 28, 2024

• #12

I use ByBit to withdraw crypto now in my country. Their peer to peer still supports Nigerian Naira. And it is a good one.

 

Shavkat

Very Familiar

Member

Sep 7, 2022

13,631

947

Dex

$0.515

Raw Dex

$0.003

• Jun 28, 2024

• #13

In my country, we usually use coinbase, coins.ph, and GCash. Although it has been a long time that I have done transacting with cryptocurrency.

 

R

Rubz

Notable

Member

Sep 12, 2022

1,612

15

Dex

$0.000

Raw Dex

$0.008

• Aug 21, 2024

• #14

I do not trade crypto but i am able to withdraw my crypto earnings into my bank account by making use of the roqqu wallet. It is actually a very nice exchange platform.