Nigerian crypto users and enthusiasts reject 100 % BTC premium claims-Africa
Nigerian crypto users and enthusiasts reject 100 % BTC premium claims-Africa
Nigerian blockchain and crypto enthusiasts said that recent reports that indicate that residents pay a premium of almost 100 % in addition to the prevailing Bitcoin price. They argue that such reports are based on an assertion that is distributed by people who should not fully grasp the dynamics in the country and therefore should be ignored.
allegedly 100% Bitcoin Premium arouses worldwide interest
Some nigerian crypto and blockchain users and enthusiasts have recently reported that the value of bitcoin Crypto exchanges are almost twice as high as the prevailing US dollar value are completely wrong. According to the users, the reports are based on tweets posted by social media users who do not fully understand how Nigerian residents use local crypto exchange platforms.
see how many nigerians pay #bitcoin target = "_ blank" href = "https://twitter.com/paxful?ref_src=twsrc%5etfw" Rel = "noopener">@paxvoll pic.twitter.com/wxaam58mwr
- 🧡needcrealations stacked Sats & Jammt to Edm (@Needcreations) 30. January 2023
The setback of the Nigerian enthusiasts and influencers came when the claim that the reported was triggered by a single tweet continued to arouse interest in Bitcoinern. In their initial tweet-thread has the user a screenshot shared, which indicates that Nigerianer buy a target = "_ blank" class = "lar-automated-link" href = "https://markets.bitcoin.com/crypto/Btc" rel = "noopener"> bitcoin on the peer-to-peer-platform paxful for 47.924 $.
The user also claimed that the latest cash Restrictions on cancellations imposed by the Nigerian central bank, many residents have exchanged their Naira Bitcoin . This contributed to increasing the US dollar value of the crypto asset, the user argued.
In his response to the tweet and the subsequent media reports, Benjamin Esoghene, the CEO of the local crypto exchange Roqqu, said to Bitcoin.com News that there are price differences, but it is simply not true that Bitcoin in Nigeria is traded over $ 47,000.
"This is completely wrong, we are acting at the normal price, although there are some speculation about the crash of the dollar course after the parliamentary elections, maybe there can be a certain bonus by then, but probably not approximately 100 %," eseoghene.
The Roqqu-CEO also indicated that some of the social media users who spread this claim only do so to sell a specific story.
incorrect representation
In the meantime, some Nigerian users on Twitter insisted that the widespread screenshot was misleading and that nobody bought the crypto for over $ 47,000. Others, such as Nathaniel Luz, an author and crypto supporter, complain how easily a single tweet can be used to spread "half-truths and one-sided stories".nigerian pay 48,000 for a target = "_ blank" htf = "https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5etfw" Rel = "noopener">#bitcoin Luxurious surroundings of the 1st world and look Netflix. Yes, of course, you are the clever.
- John W. Create (💫☝️) (@21milinfinity) 30. January 2023
luz also said that the people with bitcoin values on paxful to spread the 100 percent premium claims, like Nigerian Use P2P platform (peer-to-peer).
"This is not even the price for Paxful. I was responsible for payment methods at Paxful. The PM here is 'Game Items', no Fiat money. Games mean that I would like to exchange a FIFA 23 voucher Bitcoin .
According to LUZ, there is no crypto exchange, in which Nigerians pay a surcharge of 20 % to the price bitcoin .
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