๐ What is the P2P spread?
The spread is the difference between the USDT buy price and the USDT sell price in the P2P market. A smaller spread indicates higher liquidity and competition.
๐ How to calculate the spread
Spread = Buy price - Sell price. For example, if you buy for Bs 745 and sell for Bs 740, the spread is Bs 5.
๐ Factors that influence it
Market liquidity, competition between exchanges, and the countryโs economic conditions directly affect the P2P spread.
๐ฐ How to minimize the impact
Compare prices across multiple exchanges, trade during periods of higher liquidity, and consider the spread as an additional cost in your trades.
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๐ Live rates and analysis at https://pitbullchain.com