Saw something pretty crazy: after verifying with a US identity, buying USDT is $0.999, but selling it can go up to $1.1? That's a direct 10% price difference.
Does this mean there's gray money in USD that needs to go through OTC channels? Or is it purely because certain regions have such strict fiat on/off ramp restrictions that the premium is this huge?
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fren.eth
· 5h ago
Damn, this arbitrage opportunity is insane. I'd be letting myself down if I didn't take action.
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faded_wojak.eth
· 5h ago
This arbitrage opportunity is about to take off; I'm tempted to buy the dip myself.
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TokenCreatorOP
· 5h ago
Damn, you can arbitrage this too? How did I not think of that, 10% profit just skyrockets!
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MonkeySeeMonkeyDo
· 5h ago
Damn, isn't this basically an arbitrage machine? Anyone would go crazy trading with this.
Saw something pretty crazy: after verifying with a US identity, buying USDT is $0.999, but selling it can go up to $1.1? That's a direct 10% price difference.
Does this mean there's gray money in USD that needs to go through OTC channels? Or is it purely because certain regions have such strict fiat on/off ramp restrictions that the premium is this huge?
$BTC $ETH