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/biz/ - Business & Finance

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23934776 No.23934776 [Reply] [Original]

Can someone explain to me why am I getting 980 USDT (and every other stablecoin) for 1000 USD on Binance BEFORE FUCKING FEES if 1 USDT is precisely $1 (I double checked, it's 1:1 at the moment)?

>> No.23934801

>>23934776
it's the future of finance sweaty

>> No.23934825
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23934825

>>23934776
we need to profit somehow, son

>> No.23934843

>>23934776
where did you check the price?

>> No.23934854

>>23934825
That is BEFORE the 2% fee you fucking scamming chink

>> No.23934874

>>23934776
Presumably it means that USDT costs $1.02 right now on Binance, likely due to high demand/low liquidity

>> No.23934883

>>23934843
In several places, let's say coingecko>>23934843

>> No.23934903

>>23934776
All the trap posting stops and now the retards are wondering where their money went. This is what your life is now.

>> No.23934905

short USDT with 100x leverage and double your money once it goes back to a dollar

>> No.23934944
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23934944

>>23934825

brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

>> No.23934952

>>23934874
BTC/USDT price on binance and BTC/USD price elsewhere is identical, though...

>> No.23934960

USDT is a scam coin made specifically to rob you of your Bitcoin

>> No.23934967

>>23934883
tether is slightly above $1, its just not displayed

>> No.23934991
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23934991

>>23934854
also may I suggest you buy BUSD instead of USDT?

>> No.23934993

>>23934776
Can someone explain to me why is Uniswap eating 30% of my gains BEFORE the slippage?
What's the fucking point of AMM and liquidity if the liquidity is just as trash as on a normal small exchange like Tradeogre?

>> No.23935033

>>23934952
Post trade screencap or you're a schizo

>> No.23935429

>>23934993
the point of amm is that ranjeet and sanjay can list their coins instantly
do the needful sir

>> No.23935474

I give up, there is no other viable way to buy crypto for me.
To send a transfer, I'd have to convert my currency to EUR (1 business day), send a SEPA transfer (3 business days), and then I'd have one part of my portfolio bought for EUR and another for USD.
Not to mention that my old Kraken account is inactive and I'd have to wait days to even get verified.

Looks like losing $40 per $1000 to the Eternal Chink is my only option.

>> No.23935997

>>23935474
Be grateful that any chink is even allowing you to trade at all.

>> No.23936023

This is literally a known scam in all finance. They give you a bad exchange rate (in crypto "price impact" often, even though there's billions of fucking tether sitting), then they charge a fee for trading too.