Did you notice how the FX premium compressed over the last two months? We went from seeing differentials close to 30% to settling today at 12.67% versus the official rate (Bs. 785.07).
On Binance P2P, we see active liquidity with more than 200 orders in the market, and prices moving between Bs. 925 and Bs. 930 per USDT. With an overall spread of 8.07%, this adjustment in the gap calls for tighter numbers: less room for error and a greater need for discipline when trading.
Always check the order book depth before placing orders.
๐ Live rates and analysis at pitbullchain.com
#BinanceP2P #VenezuelaCrypto #USDT #EconomiaVZLA #BinanceSquare
On Binance P2P, we see active liquidity with more than 200 orders in the market, and prices moving between Bs. 925 and Bs. 930 per USDT. With an overall spread of 8.07%, this adjustment in the gap calls for tighter numbers: less room for error and a greater need for discipline when trading.
Always check the order book depth before placing orders.
๐ Live rates and analysis at pitbullchain.com
#BinanceP2P #VenezuelaCrypto #USDT #EconomiaVZLA #BinanceSquare
