Do you think the 4.29% spread is what you pay? Actually, inside Binance things are different. Look at these figures: buying USDT is 937.97 Bs and selling is 936.13 Bs, meaning a difference of 0.2%. The 4.29% you see is the spread between the best buy price and the best sell price across all P2P, but when you trade you see individual offers. Key: always check the order book and compare between buy and sell ads. With 266 active offers, liquidity isn’t a problem. And don’t get carried away by earthquake news or speculation: the gap has been reduced to less than 12% according to the government. If you’re new, my advice: use the limit order, not the market order. This way you control the exact price and avoid surprises.

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