Live P2P Radar Snapshot: 4/11/2026, 4:00:11 a.m.
USDT/VES reference rate Bs. 1026.24
USDT buy price Bs. 1026.24
USDT sell price Bs. 985.74
BCV Bs. 893.22
Premium vs. BCV 14.89%
P2P spread 4.11%
Offers observed 158
Check current data on Radar P2P
Venezuela’s secondary foreign exchange and crypto asset market is showing sharp contrasts on November 4, 2026. While everyday transactions remain highly dependent on the local currency—with 99.5% of payments in the country made in bolívares, according to reports by Cavecom-e—millions of Venezuelans turn to the digital dollar to preserve value in their daily lives amid inflation that continues to erode the purchasing power of key income streams such as remittances.
At the close of this data capture (08:00 UTC), PitbullChain’s P2P Traffic Light is yellow, with 63 points, indicating moderate caution. The market shows mixed conditions: robust liquidity backed by 178 active offers on the general radar, but accompanied by a warning about the wide gap between aggregated prices.
📊 Rate breakdown: BCV, parallel market, and USDT P2P
To understand the current cost structure, it is essential to distinguish the figures recorded on the boards from the calculations derived from these quotes:
• Official Dollar (BCV): Stands at Bs. 893,22 per unit. Meanwhile, the BCV’s official reference rate for the euro is Bs. 999,77 (compared with a parallel-market euro quoted at Bs. 1.148,66).
• USDT P2P reference (P2P Radar): The average price to buy USDT is Bs. 1.026,24, while the selling rate is Bs. 985,74.
• Parallel Dollar (Binance P2P reference): Records an average rate of Bs. 1.007,09, with buy prices at Bs. 1.006,30 and sell prices at Bs. 1.007,88 (a narrow spread of Bs. 1,58 or 0,16%).
Based on these verified figures, the calculations yield two key indicators for anyone participating in P2P trading:
• Overall P2P spread: There is a gap of Bs. 40,50 between the average buy and sell prices on the general radar, representing a spread of 4,11%.
• Premium over the BCV rate: Comparing the USDT P2P buy price (Bs. 1.026,24) with the official BCV rate (Bs. 893,22) yields an exchange-rate premium of 14,89%. However, when assessing specific lower prices among the market signals, the premium narrows to 12,63%.
In practical conversion terms, selling 100 USDT at the radar’s average selling rate yields Bs. 98.574,10. Conversely, one million bolívares is equivalent to approximately 1.014,47 USDT, according to the system’s calculations.
📈 Order book depth and buying pressure
When examining the consolidated order book, which groups 158 listings across Binance and other platforms, the microeconomic reality of the best available prices differs from the general radar average. At the top of the book, the best price to buy USDT (best ask) is Bs. 1.007,64, while the best price to sell (best bid) is Bs. 1.006,50. This narrows the spread at the top of the book to just Bs. 1,14 (0,11%), with a midpoint of Bs. 1.007,07.
However, the most revealing detail in the order book is its volume imbalance:
📖 Read the full article: https://pitbullchain.com/noticias/liquidez-y-spreads-en-el-comercio-p2p-de-venezuela-prima-del-14-89-vs-bcv
https://public.bnbstatic.com/image/pgc/20261104/18eb5584810c4c1e96b44532e08ba1f3.jpg
📊 Live rates and analysis at https://pitbullchain.com
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