What’s "Spread" in P2P?
Buy price: 3,749 UGX
Sell price: 3,800 UGX
Spread: 51 UGX per $USDT
If you flip 100 USDT = 5,100 UGX profit
Minus MoMo fees = ~4,800 UGX net
Small, but scales with capital.
Should I explain "Escrow" next? $USDT
#LearnCrypto #P2P #USDT #Trading101 #BinanceUG
Buy price: 3,749 UGX
Sell price: 3,800 UGX
Spread: 51 UGX per $USDT
If you flip 100 USDT = 5,100 UGX profit
Minus MoMo fees = ~4,800 UGX net
Small, but scales with capital.
Should I explain "Escrow" next? $USDT
#LearnCrypto #P2P #USDT #Trading101 #BinanceUG