19.65% premium. That’s the number separating P2P trading from the BCV today — and the one most often misunderstood in Telegram groups. 🐕
Let’s look at the live figures for this Saturday, November 14: the BCV opens at Bs. 914.02, while buying $USDT on the P2P market costs you Bs. 1,093.63, and selling it gets you Bs. 1,050.35. The difference between those two prices is Bs. 43.28, or 4.12%.
Now the important part: the premium is NOT a profit. It’s the cost of entry into the digital dollar. If you buy at Bs. 1,093.63 and sell at Bs. 1,050.35, the math charges you the full spread before the exchange rate moves a single cent. That 4.12% is a toll, not a return.