Kucoin, a global cryptocurrency exchange platform, announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) services for the Nigerian naira, as well as the Fast Buy service via naira cards. The crypto exchange stated that during this period, it will focus on ensuring compliance and creating a more robust and secure environment for all users. In addition to assuring the safety of users’ funds, Kucoin stated that ongoing orders will be completed as usual, and all other services will remain available. The crypto exchange did not specify when it plans to resume Naira services.
Cryptocurrency Exchange Kucoin Suspends P2P Services for Nigerian Naira
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