What do we owe the differences between buying and selling rates (spread) so close in #P2P ? #P2PVenezuela

1. Massive User Volume (Extremely High Liquidity)

Binance has the largest user base in the world for crypto. This means a huge number of buyers and sellers placing orders at every moment.

Greater competition: Sellers compete with each other to offer the best price and be the first to complete a transaction. This pushes the bid and ask prices to converge.

2. Role of Verified "Merchants"

Professional sellers (Merchants) who operate with large volumes have very tight profit margins. Their business model is based on volume, not on a high margin per transaction.

Their operational efficiency and access to multiple sources of liquidity allow them to offer prices very close to the market.

3. Effect of the Stability of the Reference Asset

The most liquid pairs (such as USDT/USD, USDT/EUR) usually have the smallest spreads. In this case, the VES/USDT pair, as the Bolívar has been stabilizing in Venezuela.

Being anchored to a stable currency (stablecoin like USDT), volatility is low, which reduces the risk for the market maker and allows them to operate with a tight spread.