📊 Binance P2P is back to making profits: what’s happening with USDT in Venezuela
The Venezuelan P2P market is back in everyone’s sights: the margins that seemed to be asleep have awakened. In this article, we summarize the video and add PitbullChain’s analysis based on what we’re seeing at the USDT/VES tables.
📈 Video summary
The video creator claims that P2P trading on Binance has started bringing back profits after a period of compressed spreads. They explain that the reactivation comes along with higher volatility in the USDT price versus the bolívar, and with an imbalance between the supply and demand of orders. They point out that the margins are no longer the same as they were months ago, but that there are still clear opportunities for those who trade methodically. They also warn that the exchange environment moves quickly and that profit depends on execution speed and risk management. They close by insisting that the key is not guessing the price, but reading the market well and not overexposing oneself.