In Africa, looming Crypto Regulations threaten hundreds of billions of dollars in peer-to-peer trade

https://afrikoin.substack.com/p/in-africa-looming-crypto-regulations

"The outcome of 🏦 Central #Bank sanctions was catalyzing peer-to-peer (#p2p) markets and #trade, resulting in year-on-year growth in volumes on peer-to-peer platforms in #Africa 🌍."

"Upcoming #regulations will undoubtedly reset the balance in favor of compliant models [gaining share from P2P #cryptocurrency #trading platforms]."

#PersonToPerson #Pleb2Pleb #Exchange

Nigeria's crypto traders risk arrest and scams to bypass ban

https://news.trust.org/item/20211116045814-u4276/

"#Traders and #crypto experts say the ban has only pushed the industry #underground, with #Nigerians #trading between themselves using mobile messaging apps and established but #unregulated platforms like #Binance and #Paxful."

"The new restrictions have done little to stifle crypto's popularity in #Africa's most populous nation."

#Bitcoin  #P2P #PersonToPerson #Pleb2Pleb #Exchange #Ban #Nigeria 🇳🇬

Binance P2P by the Numbers: Facts, Figures and Statistics Revealed!

https://www.binance.com/en/blog/421499824684902913/p2p/binance-p2p-by-the-numbers-facts-figures-and-statistics-revealed

"The #Binance #P2P platform features more than 1.5M weekly active users, who collectively make more than 7.5M transactions per year."

"Users can even choose to settle transactions using in-person #cash payments."

--
[Caveat: Binance P2P requires #KYC, and uses a #custodial wallet.]

Bitcoin  #BTC #PersonToPerson #Pleb2Pleb #PeerToPeer #P2PTrader #P2PTrading #P2PExchange #BinanceP2P #Crypto

Lend 2.0 Launch

https://hodlhodl.medium.com/lend-2-0-launch-661fc74e0d42

"[We have relaunched] our #lending platform after its major security upgrade."

--
Lend at Hodl Hodl

https://Lend.HodlHodl.com

"P2P cryptocurrency trading platform that doesn’t hold funds."

#Bitcoin  #P2P #PersonToPerson #Lend #P2PLending #P2PLender #Interest #LiquidNetwork #Borrow #Stablecoin #HardwareWallet #NonCustodial #Liquidity #HodlHodl #LendAtHodlHodl

The Nigerians hooked on crypto despite risks

https://www.youtube.com/watch?v=tox2nh3esbs

--
Crypto trading thrives in Nigeria despite official disapproval

https://www.reuters.com/business/crypto-trading-thrives-nigeria-despite-official-disapproval-2021-10-12/

"Other users just exchange #crypto for #Nigerian #naira or other currencies with people they find on #WhatsApp or #Telegram [rather than using #P2P platforms]."

"As a result, #Chainalysis said #Nigeria's crypto use is likely even higher than its figures suggest."

#Bitcoin  #PersonToPerson #Pleb2Pleb #P2PTrader #P2PTrading

Human Rights Foundation - 2021 Bitcoin Academy

Video: Day Two

Bitcoin In The Developing World
(starts at ~0:15:00)

https://www.youtube.com/watch?v=0NnYuvG1mms&t=890s

--
Video: Day One

https://www.youtube.com/watch?v=0NnYuvG1mms

#Bitcoin  #HumanRightsFoundation #2021BitcoinAcademy #1BitcoinAcademy #HRF #OsloFreedomForum #DevelopingWorld #P2P #PersonToPerson #Pleb2Pleb

Nigerians pioneered Bitcoin as alternative financial system – Youssef, Paxful CEO

https://businessday.ng/interview/article/nigerians-pioneered-bitcoin-as-alternative-financial-system-youssef-paxful-ceo/

"We have been learning from the youth of #Nigeria 🇳🇬. We built our whole product around what they have shown us."

"The moment you need to send money to even the country next door, it becomes extremely difficult, and if you want to send money outside of the country to #China 🇨🇳, the US 🇺🇸 , Europe 🇪🇺 it becomes a nightmare."

#Bitcoin  #Paxful #PersonToPerson #Pleb2Pleb #P2PExchange

P2P Trading Exchanges where AliPay and WeChat Pay are traded for bitcoin

https://www.reddit.com/r/Bitcoin/comments/dnz3kt/

#Bitcoin  #BTC #CNY #BTCCNY #USDCNY #Renminbi #P2P #PersonToPerson #Pleb2Pleb #PeerToPeer #P2PTrader #P2PTrading #P2PTradingPlatform #P2PExchange #AliPay #WeChat #WeChatPay #China 🇨🇳

For P2P trading, yadio_io's Market Search Tool is fantastic!

- Choose Country ("Pin" icon) -> Kenya
- Choose Currency Pair (KSh -> BTC, or BTC -> KSh)

And it will show the offers (ordered by best price first) across multiple P2P trading platforms!!

https://yadio.io/market.html

#Bitcoin  #BTC #P2P #PersonToPerson #Pleb2Pleb #PeerToPeer #P2PTrader #P2PTrading #P2PTradingPlatform #P2PExchange #Yadio

Lend at Hodl Hodl: Roadmap

https://medium.com/hodl-hodl/lend-at-hodl-hodl-roadmap-b369aa72653a

- Lend 2.0 (first major upgrade) -- in a few weeks
- Hardware wallet integration
- API
- Liquidity boost (Institutional Partners)

"We are currently preparing some interesting #lending products exclusively for emerging markets, including Latin America and #Africa."

#bitcoin  #P2P #PersonToPerson #Lend #P2PLending #P2PLender #Interest #LiquidNetwork #Borrow #Stablecoin #HardwareWallet #NonCustodial #Liquidity #HodlHodl #LendAtHodlHodl