Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[narutobuiz]

I am looking for such exchange-it need to be fast or instant. Does anyone know some?

 

[SCAMEXPOSER]

The use visa/Master card to purchase cryptocurrency is quite easy but it will depend on your location. Some countries don't allow their citizens to transact cryptocurrency with their local banks. Know what works for your country and use

Yeah but I think the bank will not really know whether you are transacting or buying cryptocurrency using your credit card except if the site will be stated in the process of buying.

 

[sammyblaq]

MasterCard/Visa to Bitcoin exchange is to be birthed soon as the Card leaders are planning to launch or culcate the crypto payment option to their system. On this development to come banks will be in the miss to control the flow of transactions.

 

[Wisdom01]

It is not ways to buy bitcoin but the use of MasterCard to buy bitcoin from Crypto.com which is not possible for African countries but for countries mentioned above.

This is really bad i think because so many people from that country might willing to buy using masters card but they have been restricted , but can someone make use of visa or verve card

 

[SCAMEXPOSER]

This is really bad i think because so many people from that country might willing to buy using masters card but they have been restricted , but can someone make use of visa or verve card

Personally I'm trying to understand considered a mode of operation of most of these cards lbe it MasterCard or verve card I don't think countries can restrict them from buying cryptocurrencies.

 

[Wisdom01]

Personally I'm trying to understand considered a mode of operation of most of these cards lbe it MasterCard or verve card I don't think countries can restrict them from buying cryptocurrencies.

The only way they could restrict is through the use of banks because they would just instruct the bank to block any crypto currency transaction i think

 

[SCAMEXPOSER]

The only way they could restrict is through the use of banks because they would just instruct the bank to block any crypto currency transaction i think

that is if that is a narration that shows the transaction is related to cryptocurrencies but if it's just a transaction in which money is just sent into an account that is not registered or link to cryptocurrency to be very difficult.

 

[Wisdom01]

that is if that is a narration that shows the transaction is related to cryptocurrencies but if it's just a transaction in which money is just sent into an account that is not registered or link to cryptocurrency to be very difficult.

Hmm this is true but now that they are stopping all online payments processor , it would not be easy to be able to use the mastercard to purchase more bitcoin

 

[SCAMEXPOSER]

Hmm this is true but now that they are stopping all online payments processor , it would not be easy to be able to use the mastercard to purchase more bitcoin

I guess the option has been removed on Binance because I just checked now and it wasn't there but was available two days ago.

 

[sagefave]

If bitcoin can be traded on binance using a debit MasterCard or Visa card, is it possible to sell your bitcoin for withdrawal with MasterCard or Visa card through an ATM?

 

[Wisdom01]

I guess the option has been removed on Binance because I just checked now and it wasn't there but was available two days ago.

Only p2p is available on binance now i think and that's the only available methods i make use of to do transaction. Due to lack of payment processors

 

[SCAMEXPOSER]

Only p2p is available on binance now i think and that's the only available methods i make use of to do transaction. Due to lack of payment processors

For Nigerians otherwise there are otherwise there are direct withdrawal to bank for countries where Crypto currencies are not restricted.

 

[Wisdom01]

For Nigerians otherwise there are otherwise there are direct withdrawal to bank for countries where Crypto currencies are not restricted.

Yeah i heard the CBN has stopped the deposit and withdrawal and many people are now interested in the p2p exchange to carry out their transactions

 

[sammyblaq]

Only p2p is available on binance now i think and that's the only available methods i make use of to do transaction. Due to lack of payment processors

P2P has been there before now.
Binance moved it top to see to the need of Nigerians which the ban hits on.
Payment processors like Quidax, LUno are pending due to the ban but remitano has been in the business of P2P.
I don't think the ban is still that tight as the SEC has shoot at CBN for the ban to be suspended or rather regulated which will not be possible.

 

[Wisdom01]

P2P has been there before now.
Binance moved it top to see to the need of Nigerians which the ban hits on.
Payment processors like Quidax, LUno are pending due to the ban but remitano has been in the business of P2P.
I don't think the ban is still that tight as the SEC has shoot at CBN for the ban to be suspended or rather regulated which will not be possible.

Yeah this is true i think during this period binance focused more on p2p , because there were no more payments processors like flutterwave again to accept bitcoin payment , but i hope sec do something about it since its the bank that just sees it as a threat , and also the senators are still on the issue , i just hope its been done on time

 

[sammyblaq]

Yeah this is true i think during this period binance focused more on p2p , because there were no more payments processors like flutterwave again to accept bitcoin payment , but i hope sec do something about it since its the bank that just sees it as a threat , and also the senators are still on the issue , i just hope its been done on time

For all i know, even if the ban still stands after all this meetings and liasons. P2P system will be applied with an advanced Escrow pattern to assure safety of transactions.

We don't care about ban. But the exchange guys will be left with no other option than to add the P2P pattern to enable to still be in business.

 

[Wisdom01]

For all i know, even if the ban still stands after all this meetings and liasons. P2P system will be applied with an advanced Escrow pattern to assure safety of transactions.

We don't care about ban. But the exchange guys will be left with no other option than to add the P2P pattern to enable to still be in business.

Yeah i think you are right tho because i can see that many exchange sites in Nigeria are already making use of it ,and i am glad about that , i am only worried about the security put in place

 

[sammyblaq]

Yeah i think you are right tho because i can see that many exchange sites in Nigeria are already making use of it ,and i am glad about that , i am only worried about the security put in place

P2P will have your money hitting your local account straight but the security is the only worry there but if sites strengthens their requisite for a P2P seller registration, it will be fine.
Not every P2P person is real.

 

[Wisdom01]

P2P will have your money hitting your local account straight but the security is the only worry there but if sites strengthens their requisite for a P2P seller registration, it will be fine.
Not every P2P person is real.

Yeah this is true but there should be a form of escrow so that people would not be able tp trick the system to their advantage i think , so this should be considered first

 

[sammyblaq]

Yeah this is true but there should be a form of escrow so that people would not be able tp trick the system to their advantage i think , so this should be considered first

The Escrow stuff is the best as many scammers are waiting to take the P2P system to their advantage.
I was added to a Telegram group that have Escrow that holds payment till crypto drops.
The ban is no longer a threat to us. Bravo!.

 

[Wisdom01]

The Escrow stuff is the best as many scammers are waiting to take the P2P system to their advantage.
I was added to a Telegram group that have Escrow that holds payment till crypto drops.
The ban is no longer a threat to us. Bravo!.

Wow i think i would like to join the telegram group and see how it looks like , because for now i am using binance p2p platform to earn i think