🔥 Lately, so many people have been asking whether they should buy P2P… The exchange rate is almost 1,000₫/USDT different from Binance now.
First, I’m sharing my personal perspective and feelings. This is not investment advice or trading guidance.
1. I also traded P2P yesterday, just buying USDT. I haven’t sold any yet.
2. The reason the USDT price on Binance has dropped so sharply is:
- People are worried about security and the exchange collapsing… The exchange has suspended deposits and withdrawals, so the P2P rate has fallen sharply, mainly serving people who want to cash out.
- This isn’t just happening with VND; other countries are experiencing it too.
3. Will the exchange collapse? Should we be worried?
- No one can say for sure whether the exchange will collapse. It just comes down to whether you trust it.
- Most of my assets are in Gram, and I’ve already withdrawn them to my wallet. I’ve left my other assets and USDT on the exchange.
4. Personally, I think this is also a great speculative opportunity… Binance’s suspension of deposits and withdrawals is only temporary. If I had cash on hand, I’d buy more USDT too. But there’s always risk.
Whether it’s a bargain, an opportunity, or safe… it all depends on your perspective. As I’ve explained above, that’s how I see it. If the exchange enables withdrawals, you’d immediately make at least 5% from holding USDT for 1–2 days :))) With a large amount, that’s a huge profit… that is, if the exchange rate stays stable… otherwise, you could break even, or the exchange could have problems… In crypto, anything can happen. The best thing is to do what you see fit :))))
First, I’m sharing my personal perspective and feelings. This is not investment advice or trading guidance.
1. I also traded P2P yesterday, just buying USDT. I haven’t sold any yet.
2. The reason the USDT price on Binance has dropped so sharply is:
- People are worried about security and the exchange collapsing… The exchange has suspended deposits and withdrawals, so the P2P rate has fallen sharply, mainly serving people who want to cash out.
- This isn’t just happening with VND; other countries are experiencing it too.
3. Will the exchange collapse? Should we be worried?
- No one can say for sure whether the exchange will collapse. It just comes down to whether you trust it.
- Most of my assets are in Gram, and I’ve already withdrawn them to my wallet. I’ve left my other assets and USDT on the exchange.
4. Personally, I think this is also a great speculative opportunity… Binance’s suspension of deposits and withdrawals is only temporary. If I had cash on hand, I’d buy more USDT too. But there’s always risk.
Whether it’s a bargain, an opportunity, or safe… it all depends on your perspective. As I’ve explained above, that’s how I see it. If the exchange enables withdrawals, you’d immediately make at least 5% from holding USDT for 1–2 days :))) With a large amount, that’s a huge profit… that is, if the exchange rate stays stable… otherwise, you could break even, or the exchange could have problems… In crypto, anything can happen. The best thing is to do what you see fit :))))
