Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[SCAMEXPOSER]

Data made available from a Crypto tracker Usefultulips shows, peer to peer bitcoin trading volumes for the week reached $95 million, this figures is higher than the $92.4 million recorded as the highest weekly volume in 2019.

The analysis of $95 million by region shows that North America top with $28.7 million with The United States taking the lion's share.

The Sub-Saharan Africa region is the second with $18.3 million worth of bitcoin have being traded between peers in the period under review.

From the $18.3 million shows that Nigeria top the Sub-Saharan Africa region with a trading volumes of $9.8 million which is slightly below the $10.3 million recorded last week

Kenya is the next Nigerla with $3.2 million worth of trades and South African is the third with $2.8 million.

 

[Wisdom01]

I already know that is will take the lion share since there have high number of bitcoin users , while in Africa more people using bitcoin are now present in Kenya and others . Nice info

 

[SCAMEXPOSER]

I am very positive that bitcoin and Crypto currencies activities have the tendencies to grow more Africa if Crypto criminal activities are reduced to barely minimum as there are more ethusiasts in the continents.

 

[Josemendez]

Data made available from a Crypto tracker Usefultulips shows, peer to peer bitcoin trading volumes for the week reached $95 million, this figures is higher than the $92.4 million recorded as the highest weekly volume in 2019.

The analysis of $95 million by region shows that North America top with $28.7 million with The United States taking the lion's share.

The Sub-Saharan Africa region is the second with $18.3 million worth of bitcoin have being traded between peers in the period under review.

From the $18.3 million shows that Nigeria top the Sub-Saharan Africa region with a trading volumes of $9.8 million which is slightly below the $10.3 million recorded last week

Kenya is the next Nigerla with $3.2 million worth of trades and South African is the third with $2.8 million.

Wow . am glad seeing my country among the African country on the front line of this peer to peer exchange . I have not trusted this peer to peer exchange though but will consider it sooner .

 

[Wisdom01]

It hard to reduce the crypto criminal and scam activities since the government doesn't even care about crypto currency at all they just don't bother about it, maybe in future things will get better

 

[Brain]

I think these criminal activities which are quite high is the reason why government of some nations have bluntly refused it implementation. I wish they can have a bit of control though

 

[Josemendez]

It hard to reduce the crypto criminal and scam activities since the government doesn't even care about crypto currency at all they just don't bother about it, maybe in future things will get better

Not all government neglects cryptocurrency . Government of US has been monitoring cryptocurrency activities in the country and has even given permission for banks to deal with cryptocurrency

 

[Kunkun]

This is a really impressive number, I'm sure it will keep increasing too. Also down here, since crypto got banned , P2P has increased significantly also

 

[Josemendez]

This is a really impressive number, I'm sure it will keep increasing too. Also down here, since crypto got banned , P2P has increased significantly also

Sure . In the past one week I have used peer to peer trading for two times ,and the experience was very smooth. We don't have to be concerned anymore with the ban

 

[SCAMEXPOSER]

Sure . In the past one week I have used peer to peer trading for two times ,and the experience was very smooth. We don't have to be concerned anymore with the ban

I told someone last week that with the peer-to-peer from binance Nigerians worry less about the cbn crypto ban because it has little to no effect on the activities about cryptocurrencies.

 

[Kunkun]

Sure . In the past one week I have used peer to peer trading for two times ,and the experience was very smooth. We don't have to be concerned anymore with the ban

But still I'm of the opinion that the ban was really unjustified in the first place, but it's a good thing we have alternatives because if not it would really affect lots of investors

 

[Josemendez]

But still I'm of the opinion that the ban was really unjustified in the first place, but it's a good thing we have alternatives because if not it would really affect lots of investors

Definitely, the ban was uncalled for. I don't see any tangible reason behind the ban . All they were saying is that it was for the good of the citizens .

 

[Kunkun]

Definitely, the ban was uncalled for. I don't see any tangible reason behind the ban . All they were saying is that it was for the good of the citizens .

More of their good rather than for the citizens, why not think about regulations instead of outright banning, I see no good thing about the ban

 

[Josemendez]

More of their good rather than for the citizens, why not think about regulations instead of outright banning, I see no good thing about the ban

That's what we have hoped for , banning cryptocurrency without giving it a thorough thought will end up causing more harm than good .

 

[Kunkun]

That's what we have hoped for , banning cryptocurrency without giving it a thorough thought will end up causing more harm than good .

Well hopefully they can change their stand on crypto and stop making things harder for the citizens, be it regulation or allowing crypto back

 

[Wisdom01]

This is a really impressive number, I'm sure it will keep increasing too. Also down here, since crypto got banned , P2P has increased significantly also

A lot of people in the system have no option than p2p crypto trading since the government has banned deposit and withdrawals of crypto

 

[Kunkun]

A lot of people in the system have no option than p2p crypto trading since the government has banned deposit and withdrawals of crypto

Exactly, people can't just keep waiting on the govt yo do right by them when clearly the government don't see the benefits of crypto

 

[achawaskey]

The volume will even increase in Africa now that Nigeria CBN has ban commercial banks from doing business with crypto trader.

 

[Niftyicon]

I think that number could have doubled by now with so many people keep entering into the crypto world by the day and countries with ban would prefer p2p.

 

[Josemendez]

I think that number could have doubled by now with so many people keep entering into the crypto world by the day and countries with ban would prefer p2p.

The peer to peer system is only suitable and understandable for old cryptocurrency investors . Newbies will be scared to carry out P2P trading