ASK LEO : CAN P2P HELP IN SOLVING THE PROBLEM OF TRADING CRYPTO IN NIGERIA?

Source Cryptocurrency trading has been prohibited in Nigeria by government and as we all know that Nigeria is one of the largest country participating in crypto business,with the restrictions, crypto traders has find it difficult to trade crypto freely in Nigeria,

What is peer to peer

P2P is a decentralized communication process that allow 2parties that has equal permission and privilege to initiate a transaction , With the help of P2P crypto investors have been able to initiate transactions among traders directly without a third party ,like the government or without the need of a third party or a centralized body to facilitate their transactions , this has brought a smile to the face of crypto investors and people began to adopt this system as it is the only legal way to trade crypto in Nigeria .this system also include the use of a preferred method of payment and your local currency .with this investors are able to trade directly and boycott the restriction ,

Binance

An exchanging platform also play a role in helping investors to create a wallet to store their crypto and trade conveniently, binance is considered as one of the popular and safest platform for exchange and with the use of (2FA) two factor authentication all transactions are save ,this has really helped investors to engage in crypto trade safely all you need to do is to register with binance. Have a wallet with them fill the necessary security questions and you will be free to save your coins and trade your cryptocurency , P2P has being of help in Nigerian crypto market also it has helped in solving or to boycott the restriction in Nigeria ,

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