P2P PRICE MARGIN?

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Is this the new normal? You cannot sell your assets for more than 10%? WTF

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Posted in Binance Reddit

2 Comments

  1. Beatywithbrain09 on 20. March 2023 at 22:54

    The P2P price margin refers to the difference in the price of a particular cryptocurrency between the buyer and the seller in a peer-to-peer transaction. The margin can vary based on several factors, including the market conditions, demand, supply, and the specific cryptocurrency being traded.

    A 10% margin is not unusual, especially during periods of high volatility in the crypto market. In some cases, the margin can be even higher, depending on the cryptocurrency and the demand for it.

    It’s important to note that P2P trading platforms do not set the price of cryptocurrencies; instead, the price is determined by the market participants. Therefore, the margin is a reflection of the demand and supply of the cryptocurrency at that particular time and should not be considered as a universal norm.

     


  2. BinanceCSHelp on 20. March 2023 at 22:54

    Good day,

    The floating price margin percentage would depend on the tokens/coins that you are trying to post an Ad. You can check more details on this FAQ [https://www.binance.com/en/support/faq/introduction-to-binance-p2p-trading-360038038972](https://www.binance.com/en/support/faq/introduction-to-binance-p2p-trading-360038038972) , choose the Posting Ads tab , and scroll down to section 3. Are there any restrictions on setting the ad price?

    If you require more assistance on the topic, please feel free to discuss more with us via our live chat support at http://binance.com/en/chat
    Our team will take a look at it and assist you as soon as possible – JJ