#AtentionHereBinaceColega 🧐👉In reality, they are also paying a spread, even if they don't see it.
🔹 What is the spread in P2P?
It is the difference between:
The actual market price (spot)
And the price at which you buy or sell in P2P
That 'small' extra is the cost of liquidity, speed, and risk.
🔹 Why does the spread change so much
In P2P, the price is not set by Binance, it is set by the people.
That's why the spread increases when:
There is a lot of demand
Lack of liquidity
There is fear or volatility
The payment method is convenient or immediate
🔹 The typical mistake of the novice