How do you trade or withdraw crypto in your country?

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Bisolami

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• 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

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• 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.

 

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Stardom22

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• May 15, 2024

• #3

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

 

bestwriter

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• 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

 

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King Belieal

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• 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

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• 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

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• 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

 

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Etini Willie

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• 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?

 

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Fidelia

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• 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

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• 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

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• 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

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• 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

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• 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.

 

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Rubz

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• 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.