I have UAE bank account and I need to buy USDT using local transfers. Are there traders with decent rates? Binance gives me +0.4%
UAE OTC crypto traders. Need to buy USDT
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At 0.2% they will not only be slow until they stop altogether rof/% rof/% rof/% because they are not at all making any money and there is no free lunch. When you get out of your free lunch mentality connect with me.
Rate is too low to make anything.
at 0.1%, you will have an even slower trader. Id try with -0.2% 😉
Try an Elon airdrop, even better
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0.2 is the standard for most p2p transactions nowadays. Even local exchanges quote USDT spot at that range (to which you must add their various fees).
I offer USDT for AED Cash Deposits. You can DM me for more information. Dealt through Binance P2P.
PS I am new this forum. If this post is against ToS feel free to take it down - sorry!
That's 20 USD profit on a 10k trade. Last time I checked you spend 20 USD on fees. Please send me a website where someone is selling loads so I can buy from them and sell for 5% to someone else.
Binance P2P has at least a few million AED a day. You may have to stitch it together from a few people at that quantity. This is an established and liquid market, and it's on par as many other crypto supply markets servicing the region. If you think you can get anything sold at 5% you've got another thing coming.
Not all of us are based in Dubai and not all buyers/investors are concerned with setting up accounts, verifications, confirmations, working with banks etc. Some people pay 2-3%+ to have someone else do the work for them, and they just to receive their coins in their wallets at the end. So there is bread for all.
Actually, I have a client in NZ I'm selling Bitcoin to for 7%. As for that other thing, it's not dangerous as long as it's predictable.
One must wonder what justifies the 600%+ markup form the market rate. I have a pretty good idea why. If I were you, I'd keep quiet about it.
Exactly. There's certainly different ways of going about business and each have their costs either implicit or explicit. The rate I cited is one where everything is transparent and above board. There's a big market for that so if OP was able to go that route he could certainly buy USDT at the cited 0.2% rate. While Binance I don't think Binance accepts AED deposits, many Binance P2P merchants including myself do. Other reputable GCC online exchanges do as well, I think BitOasis has the most liquid USDT<-> AED pair for around +0.05% plus fees.
If you are serious about the 2.5% offer feel free to hit me up.
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