What is the level of crypto adoption in your country and how popular is the Steem token?
Highlight various ways users in your country utilize to buy crypto assets.
Prepare a guide on at least one of the ways to buy Steem in your country (Practical steps with screenshots required).
How would you rate the ease of purchasing Steem tokens in your country? Highlight the difficulties in buying Steem in your country, if any.
What's your opinion on the future of the Steem token? And what method of buying Steem would you like to be made available in your country?
Hey steemians,
The crypto project has been around for a little while, this is the reason why so many people still think of it as a Ponzi scheme. Just only a few people are educated and are ready to take the risk to embark support a crypto project. In my country the government recently banned the use of cryptocurrencies, the federal government had ordered all banks to block any account detected making any deal with any cryptocurrencies or Crypto exchange. This has made the adoption of cryptocurrencies lessen because so many people believe it was banned since it was a Ponzi scheme but that's a lie.
The government of Nigeria banned cryptocurrencies because of two main reasons, one is that its head is not enlightened enough about crypto and Blockchain technology, so the banned based on fragile reasons. Secondly, they banned cryptocurrencies because some criminals, bad government officials kidnappers, and some other offenders take advantage of the encrypted features of cryptocurrencies to smuggle, hide and transfer ill-gotten wealth. To me, I don't see that as a credible reason to ban cryptocurrencies in my country, the ban has made the use and trading of cryptocurrencies into an illegal act punishable by a court of law.
The government and its agency don't want to know the source of the cryptocurrencies, they believe as long as it's crypto it's ill-gotten wealth. Although cryptocurrencies were banned hardworking citizens always found a way to make an honest living with the crypto asset, these citizens trade peer-to-peer also known as P2P trading, or from so hidden crypto exchanges which are expensive compared to Binance and hubio.
To be sincere with you the steem token is not very much popular in my country it is only known by old crypto traders and Steemians. The steem token is not as popular as coins/tokens like Pie, Bitcoin, Ethereum, Dodge, Tron, and USDT. With the way, I see things I believe in the nearest future steem token would be famous in my country because the few country reps and steemians here are doing a great job to improve its publicity to other citizens of the country. So steemians like me had gone the extra mile by hosting so many promotional campaigns and with the help of God with extra hands we will make steem tokens very famous in Nigeria.
There's an election coming up very soon, so, therefore, I believe there would be a change of power to a more enlightened president who would emphasize more on the positive impact of a crypto asset than concentrating on the negative impact of cryptocurrencies in the country Nigeria and unban the trade and use of cryptocurrencies in Nigeria. One thing I would advise the steemit team is to host an airdrop in Africa most especially in Nigeria, this would be a very awesome way to improve its publicity in my country. I said so because most famous coins like Tron, Doge, and Shiba Inu were all known because of their airdrop in my country.
Like I have early said buying crypto has been banned but the die-hard fans of Crypto like me have been using back door means or will I say smarter methods to buy and sell my crypto asset. This smarter method is safe but is expensive when compared with the normal way cryptocurrencies are expected to be bought. In my country, we use peer-to-peer networks to sell and buy secretive a while selling or buying vital word's like crypto are advised not to be used In case we are been monitored because government agencies could easily detect the trade and claim all money in the account and block the user for life.
The only other option we have is to trade on a hidden and very secure Nigeria-based exchange that sells crypto at a higher rate when compared with other Crypto Exchanges, the exchange is known as Roqqu. Roqqu is a Nigeria-based crypto exchange that accepts trading of crypto with fiat currencies directly, that is to say, you don't need to buy stable coins to place trades.
The exchange is so lovely but the only disadvantage is that it is much more expensive, it service charge is also higher which is it charges 2.0% for every asset you trade. Its greatest advantage is that its buy price is also higher than most exchanges, which makes it profitable for sellers of crypto assets.
Step 1:
Open your Roqqu software application, then you would be asked to log in. After login in, you would be directed to the home page where all tradeable assets could be seen.
Step 2:
You are then expected to find your desired asset, mine is steem, so I clicked on steem. So many tradable options appeared, then I selected buy because I wanted to buy Steem.
Step 3:
I was directed to a page where I was told to put either amount of steem or the amount of fiat currency I wish to use in buying the steem token.
Step 4:
I was directed to a page that showed me the details of my transaction like the service charge, the number of assets I will get and the amount of steem I am buying ( in Fiat currency), then the last page would be the transaction complete page that tells you your transaction was successful.
In the range from 1 to 10 I would rate the purchase of steem in my country 6, this is because of so many reasons like:
1• The selling, advertising, buying, or holding of cryptocurrencies in my country is illegal. So therefore this alone has reduced the ease we should use in trading cryptocurrencies and also reduce the ease of communicating about cryptocurrencies. I remembered the last time I bought cryptocurrency using Binance's p2p feature, the seller repeatedly told me to be careful and mind what I type because there are spies all over the exchange and they would immediately detect me if I use any crypto-related terms. With this, you can see how risky it is to trade steem in my country.
2• Expect for Roqqu Exchange, you don't ever buy or sell crypto directly from your bank account from crypto exchanges like Binance otherwise you will lose your bank account, you will lose all your fiat and crypto assets and finally, you might go to court or probably prison for breaking the law.
In General, I have great hopes, beliefs, and trust in steem blockchain and steem token, in the nearest future I know Steem would go bullish to the extent that it would regain its top position as one of the best cryptocurrencies and also one of the most expensive cryptocurrencies in the crypto market. If you have been monitoring the crypto market recently you will know that the bullish trend is no longer far from us and steem will 💥 glorious among its mates.
In my country, I believe that in no distant time that steem would be very popular, and almost every youth in my country would be a holder of steem currency, I also believe crypto would be legalized in the country and the citizens would be enlightened about Steem tokens and other cryptocurrencies. When that day comes there would be so much advertising and educational gatherings about steem, and the steem promoters would learn to move confidently and safely.
✅I would like an exchange that has the features of both Binance and Roqqu Exchange, this is because both exchanges have few advantages over the others, so, therefore, I would love to see an exchange that has the positive effects of both exchange platforms.
✅I would love an Exchange platform with as many Coins to buy and sell as Binance has.
✅I would love an Exchange platform that permits future trades as Binance does.
✅I would love an exchange that permits buying and selling crypto assets directly from your bank without being blocked as Roqqu does.
✅I would love an exchange that has the highest buying price and lowest selling price.
✅I would love an exchange with a lower service charge or gas fee.
✅I would love an exchange that is always efficient and secure to use at all times.
Crypto adoption is something that would occur, all over the world although it might take a little time I know so many countries have started considering the adoption. Infant, I believe it would someday because a more acceptable medium of exchange compared to fiat currency. Thank you very much for going through the post I hope you learned something new, starrchris cares ❤️.
I am inviting @fabiha @nadiaturrina @jueco and @justiceanietieto participate in this contest
@starrchris It's understandable that you disagree with the government's decision to ban the use of cryptocurrencies in your country. Cryptocurrencies and blockchain technology are still relatively new and can be difficult for some people to understand. It's possible that the government's decision to ban cryptocurrencies was based on a lack of understanding of the technology and its potential uses.
However, it's also true that some people have used cryptocurrencies for illegal activities such as money laundering and other financial crimes. This is a concern for governments around the world, and they are trying to find ways to regulate and monitor the use of cryptocurrencies to prevent these types of activities.
In any case, it's important to note that even with the ban in place, some people will still find ways to use cryptocurrencies through peer-to-peer trading or through hidden exchanges. This could be due to the potential benefits that the technology offers, such as increased financial privacy, fast and cheap international transfers, or as a hedge against inflation.
However, it's also important to be aware of the potential risks associated with using cryptocurrencies, including their lack of regulation, potential for hacking or theft, and the possibility of being used for illegal activities. If you choose to use cryptocurrencies, it's essential to be informed and to use caution in order to protect yourself and your assets. Best of luck 🙂🙂🙂🙂🙂🙂🙂🙂🙂
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Thank you, friend!
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Your post has been supported by @josepha from team 2 of the Community Curation Program, at 50%. We invite you to continue sharing quality content on the platform, and continue to enjoy support, and also a likely spot in our weekly top 7.
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You have done well in highlighting futures you will like to have and i have equally learn from your post even though we both uses Roqqu exchange. Please kindly give your comment to my article. Thanks.
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Thanks for the invitation. Discussing crypto issues is very difficult for me. Good post. Good luck for the contest
🥰🥰🥰
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The restrictions the Nigerian government placed on crypto has affected a lot of us but thanks to exchanges like Binance that allows us to use P2P to buy some basic assets from each other which is then deposited into the wallets for further trading.
I can see a lot of Nigerians are using Roqqu but some distant news I have heard about people losing their assets sent to Roqqu wallet has prevented me from trying the exchange, reason why I stick to Binance.
I will also love to see relieve of the crypto restrictions so that exchanges can allow easy bank deposit like Binance used to have some years ago, although they still have it now but through a third party.
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Great post! Thanks for inviting me to participate in the contest. I am impressed with your efforts to promote the Steem token in your country, despite the current ban on cryptocurrencies. Your dedication to educating people about the benefits of crypto assets and organizing promotional campaigns is truly admirable. You have a clear understanding of the current situation in your country and the potential for growth in the future. Your suggestion for an airdrop in Africa is a smart move that could greatly increase the popularity and adoption of the Steem token.
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Join this server: https://discord.gg/z6fjEXrM
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Done, hope I am safe
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