A concerning trend has emerged in the P2P trading space, where traders are artificially inflating the price of USDT while maintaining a significantly lower selling price. This blatant price manipulation is causing substantial losses for unsuspecting crypto traders.
The Numbers Don't Lie;
Just a week ago, the average USDT price was approximately 293 PKR. However, the current prices reveal a shocking disparity:
- Buying price: 303+ PKR
- Selling price: 291 PKR
This unfair price gap is a clear indication of price manipulation, and it's essential that Binance takes immediate action to protect its users.
We urge Binance to:
1. Investigate this matter thoroughly
2. Take legal action against the perpetrators
3. Implement measures to prevent such price manipulation in the future
The crypto community deserves fairness and transparency.