How do Binance P2P traders get cheap USDT from?

Basically the title. Do you guys have any idea about this? I saw many traders selling them at 9-10% above the price at which it currently trades in my country (India). Thanks.
you have to have a lot of payment methods in order to get fees higher than those 1%
try other exchanges and preferably ones that don't have t+2 like binance
 
I am doing personally around 30-40K a day.
There is ability to do more. I am getting more funds on a daily basis.
40 k i assume you dont have t+2 on binance . not much if just 1 exchange

you can roolout more under bybit there is demand there also , just be carefull with 3rd party payments
 
40 k i assume you dont have t+2 on binance . not much if just 1 exchange

you can roolout more under bybit there is demand there also , just be carefull with 3rd party payments
nothing compares with Binance when it goes to P2P...
 
How do you speculate with a stablecoin?

It rarely ever depegs more than 1 / 1000 of a dollar?
 
They sell for higher rate then market. So they do not get it cheap but at normal rate. But you should them for buying any coin because they are mostly scammers.
 
They sell for higher rate then market. So they do not get it cheap but at normal rate. But you should them for buying any coin because they are mostly scammers.
So that is the question where are they getting it at "normal rate". I think BlurryBit answered my question and no all of them are not scammers especially the verified merchants.
 
So that is the question where are they getting it at "normal rate". I think BlurryBit answered my question and no all of them are not scammers especially the verified merchants.
There are so many scams going in p2p binance. If you search Google and read experiences of buyers, you will never even think about buying with p2p.
 
I do Arbitrage and Make a steady of 0.5 - 1% daily.
Most likely... The chances are 1/200 :D
I have Company accounts. So its all good.
Why would you face legal problem from doing Arbitrage?
I am doing personally around 30-40K a day.
There is ability to do more. I am getting more funds on a daily basis.
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