CryptoComedian
Are accounts that pass KYC with a US identity really that advantageous? You can buy USDT for just $0.999 and sell it for as much as $1.1, directly pocketing a 10% spread. This feels like an arbitrage paradise.
But on the other hand, does the US dollar also have money laundering demand? Or is the liquidity premium on certain USD channels just that exaggerated? Trading pairs for mainstream coins like BTC, ETH, and BNB seem normal, but the USDT exchange rate fluctuations are really confusing.
Can someone knowledgeable explain the logic behind this?
View OriginalBut on the other hand, does the US dollar also have money laundering demand? Or is the liquidity premium on certain USD channels just that exaggerated? Trading pairs for mainstream coins like BTC, ETH, and BNB seem normal, but the USDT exchange rate fluctuations are really confusing.
Can someone knowledgeable explain the logic behind this?
