josecay24
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The Mystery of the Low Price on the P2P Menu 🥘
Response for: DanielBerrio
Hello, Daniel! Welcome to the Binance Square kitchen. Your question is the daily bread here, and don't worry, it's not that the restaurant is overcharging you; it's a matter of the chef's "reservation policy."
The Secret Ingredient: The Amount Limits 📏🔥
Imagine you walk into a luxury restaurant that has an exquisite dish for $5. You arrive excited and order just a portion of fries. The chef tells you: "I'm sorry, the special $5 menu is only served if you order at least one appetizer, one main course, and one dessert. The minimum total to enter that offer is $100." If you only want the fries, the price per portion rises to $15.
The exact same thing happens in P2P:
The Cheap Menu ($652bs): Those advertisers you see above with very low prices are like the "executive menu" of a wedding. They have an excellent price, but only if you buy many ingredients. Their minimum purchase limit is usually very high (e.g., they require you to buy at least $1000).
Your Order ($1 USDT): When you state that you only want to buy a very small amount ($1 USDT, for example), Binance automatically filters and shows you the advertisers willing to sell those "small portions."
The Result ($691bs): The chefs (sellers) who work with small amounts usually charge a small "commission per cover" extra in the price per USDT to make the service profitable. That's why the price changes when you enter your amount.
Chef's Note:
It's nothing unusual; it's just that the advertiser of 652bs does not have the option for "individual portions" on their menu for such low amounts as $1.
What do you all think, do you prefer to buy "family portions" at a better price, or do you pay extra for the home delivery service for a small amount? 👇
#BinanceP2P #binancevenezuela🇻🇪 #CryptoEducation
Response for: DanielBerrio
Hello, Daniel! Welcome to the Binance Square kitchen. Your question is the daily bread here, and don't worry, it's not that the restaurant is overcharging you; it's a matter of the chef's "reservation policy."
The Secret Ingredient: The Amount Limits 📏🔥
Imagine you walk into a luxury restaurant that has an exquisite dish for $5. You arrive excited and order just a portion of fries. The chef tells you: "I'm sorry, the special $5 menu is only served if you order at least one appetizer, one main course, and one dessert. The minimum total to enter that offer is $100." If you only want the fries, the price per portion rises to $15.
The exact same thing happens in P2P:
The Cheap Menu ($652bs): Those advertisers you see above with very low prices are like the "executive menu" of a wedding. They have an excellent price, but only if you buy many ingredients. Their minimum purchase limit is usually very high (e.g., they require you to buy at least $1000).
Your Order ($1 USDT): When you state that you only want to buy a very small amount ($1 USDT, for example), Binance automatically filters and shows you the advertisers willing to sell those "small portions."
The Result ($691bs): The chefs (sellers) who work with small amounts usually charge a small "commission per cover" extra in the price per USDT to make the service profitable. That's why the price changes when you enter your amount.
Chef's Note:
It's nothing unusual; it's just that the advertiser of 652bs does not have the option for "individual portions" on their menu for such low amounts as $1.
What do you all think, do you prefer to buy "family portions" at a better price, or do you pay extra for the home delivery service for a small amount? 👇
#BinanceP2P #binancevenezuela🇻🇪 #CryptoEducation
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