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Africans turn to whatsapp for exchange crypto


athena2007

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Posted

Some africans have turned to the app whats-app  to trade cryptocurrency due to the regulatory Bans and Shutdowns in Africa .

A guy named jhon is a middleman a skimms 5 percent on top and he puts the 2 partys together to deal in real life or on the net .. sounds sketchy to me but its kinda working ..

Whats your thaughts on this trading ..??

Source:https://news.bitcoin.com/bitcoin-trading-flourishes-on-whatsapp-following-african-exchange-closures/

  • Administrator
Posted

It's always going to be difficult for countries to completely ban something. There's always going to be ways around regulation. Regulation like this will usually just lead to more incidents in regards to scams etc. since it doesn't allow for big business to flourish. 

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