Hello everyone I seems to have gotten myself carried away in the designing of my own little investment platform.
I am now looking at the legal side of it and will appreciate what is acceptable in the Nigerian scene
The platform is based on swap currency and swap trade, but the major currency am focusing on are dollar, Naira against Bitcoin.
The investment duration is solid enough to attain a 30% return and since each of the deposit or investment made are traded at my own rate.
I also have a binary fund matrix system in placed and a buy and sell in house trading system.
My headache now is if I get to launch this product and it gets viral am I going to be faced with FG issues? noting that bitcoin(crypto-currency) is actually a banned currency in Nigeria.
I decided to enter this project when most investment scheme out their are basically scams and lot’s of people are losing money to this fraudulent sites.
Please I will need your advice as to what to do and how to go about this platform of mine to avoid FG issues in the future.
A view of my dashboard is below and a link to the url home page is also below…I am really looking at using this platform for legitimacy.
https://www.seowebanalyst.com/bitcoin-investment/img/dashboard-laptop.png
PLEASE VISIT THE BITCOIN INVESTMENT SITE AND PROVIDE REVIEWS AND USEFUL COMMENTS…PLEASE ON HOW TO MOVE FORWARD WITH THIS.
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On the top line you will need to check with the CBN and the Securities and Exchange Commission, a regulator of investment and financial schemes. Am sure they will accept non digital currencies.
However, do not start until you get clearance.
thanks for the comment but on the other hand I was thinking of forming a partnership with one of this bitcoin seller website here that has all the license to trade such for Naira.
I believe for them to run such business they will need to have some license covering them. since bitcoin is not allowed in Nigeria and CBN as kicked against banks utilizing it.
It be cost effective for me to simply work with a company that has all this license checked and we work in mutual benefits.