How To Sell Your Bitcoin And Collect Naira in 2021
With the recent Central Bank Of Nigeria, CBN ban on Crypto Currency in Nigeria, there will be a little discomfort for bitcoin transactions and others like Ether, Ethereum, Litecoin, Dogecoin and more.
In other to make this ban a little convenience for you we have organized a P2P Exchange which will buy your bitcoin at a very high rate and give you cash almost immediately.
Why did CBN ban Crypto from Banks?
From the information we gathered, the CBN did not state why it is denying crypto players access to any form of financial services.
The obvious reasons seem to tie in with its recent aggressive move to secure the naira, protect people from fraud and discourage money laundering, or just a political move. But, these are just educated guesses without any concrete regulator statement.
It can be recalled that in November 2020, the CBN ordered all remittance inflows to Nigeria to be withdrawn only in dollars. It intended to reduce dollar scarcity and strengthen the naira against the dollar.
Down to Business, How are you going to get your bitcoin converted to Naira with ease and fast at a cool rate.
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