🚨 The P2P spread rose to 2.71% and offers fell to 266: the calm is over.
Buying USDT on Binance is at Bs. 952.60 and selling at Bs. 927.43. That means that if you do a round trip, you lose more than 25 Bs per USDT. With the official exchange gap at 12.3%, P2P acts like a thermometer: it anticipates sudden moves.
While Venezuela trades $44 million per day in USDT, this widening is not normal. Is it speculation or a lack of liquidity? The truth is that orders are getting repositioned and the margin is becoming more expensive.
📊 Live rates and analysis on pitbullchain.com
#P2P #Binance #USDT #Venezuela #Spread
Buying USDT on Binance is at Bs. 952.60 and selling at Bs. 927.43. That means that if you do a round trip, you lose more than 25 Bs per USDT. With the official exchange gap at 12.3%, P2P acts like a thermometer: it anticipates sudden moves.
While Venezuela trades $44 million per day in USDT, this widening is not normal. Is it speculation or a lack of liquidity? The truth is that orders are getting repositioned and the margin is becoming more expensive.
📊 Live rates and analysis on pitbullchain.com
#P2P #Binance #USDT #Venezuela #Spread