🔥 Attention! The P2P spread in Venezuela rises to 2.41%, but the offers on Binance barely reach 284. What’s going on?
While the market moves $44 million per day, the USDT price stays steady: buy at Bs. 938.95 and sell at Bs. 936.75. The overall spread jumps to Bs. 22.28, and this isn’t normal.
Even though the official currency gap has fallen to 12.3% (thanks to the oil rally), P2P is still showing friction. More offers don’t always mean a better price. The lesson: superficial liquidity doesn’t always mean tight spreads.
My advice: check the order book depth, not just the average price. In markets like this, every point counts.
📊 Live rates and analysis on pitbullchain.com
#PitbullChain #P2P #Binance #Venezuela #Crypto
While the market moves $44 million per day, the USDT price stays steady: buy at Bs. 938.95 and sell at Bs. 936.75. The overall spread jumps to Bs. 22.28, and this isn’t normal.
Even though the official currency gap has fallen to 12.3% (thanks to the oil rally), P2P is still showing friction. More offers don’t always mean a better price. The lesson: superficial liquidity doesn’t always mean tight spreads.
My advice: check the order book depth, not just the average price. In markets like this, every point counts.
📊 Live rates and analysis on pitbullchain.com
#PitbullChain #P2P #Binance #Venezuela #Crypto