In an unusual move, Bancamiga is showing negative spreads of up to -14.55% in the Venezuelan P2P market.

📊 What is a negative spread?

A negative spread occurs when the purchase price is LOWER than the sale price. This seems counterintuitive, but it has an explanation.

📈 Bancamiga’s numbers

• Purchase price: Bs. 632.45 per USDT

• Sale price: Bs. 740.20 per USDT

• Spread: -14.55%

🔎 Why does this happen?

💰 1. High competition among merchants

Bancamiga has the highest number of active merchants, which creates aggressive competition.

🛡️ 2. Positioning strategies

Some merchants are willing to operate with very low margins to gain volume and reputation.

⚠️ 3. Differences in limits and methods

Offers with negative spreads often have more restrictive limits or specific payment methods.

🧭 Other banks with negative spreads

• Mercantil: -16.86%

• Banesco: -12.21%

⚙️ Recommendations

1. Verify the limits: Offers with negative spreads usually have lower limits

2. Confirm the payment method: Make sure the method is compatible with your bank

3. Check the reputation: Prioritize merchants with a proven track record

4. Use the Bank Comparator: Identify the best real opportunities

https://public.bnbstatic.com/image/pgc/20261004/144167e3677a4ecbb96d9acbc7f9dc90.jpg

📊 Live rates and analysis at https://pitbullchain.com

$USDT #bancamiga #spreads #p2p #venezuela #banking