Just this morning I was contacted by one of my clients that he wants to sell usdt and as usual I go to okx exchange where I usually tradey crypto for fiat and i saw the recent rate which was at 1354 at that point in time and I ask him to send while I try navigating myself under the rain as there was a heavy down pour as cats and dogs made it rain today.
In about 5 mins I discovered my okex app has been closed and I was asked to relogin only for me to login and the Naira market for p2p trading is no where to be found on the okx app, I tried refreshing the app several times but I still got same result, then I knew something was up, I headed straight to their telegram group where I saw this message from the okx team.
Seems another exchange has hittd the hard rock and is about to experience heavy outflow from Nigerians to the next exchange where they can easy trade thier crypto currencies to fiat.
It seems the Nigeria government is gradually winning the war and fighting with most global cryptocurrencies exchange who did not carry out proper registration before including the Naira trading pair on their platform.