Binance P2P enforces measures against price manipulation in Venezuela In a context of increasing exchange rate volatility in Venezuela, the cryptocurrency exchange platform Binance P2P has issued a strong statement announcing "sanctions" for those traders who artificially manipulate offer prices. This measure aims to counteract the inflation of parallel dollar prices, a factor that has led traders in Lara to adopt the euro as a reference currency.

The Binance P2P statement details that repeated practices have been detected that "threaten the transparency and balance of the ecosystem." Specifically, the platform points out two critical issues: Creation of ads with prices significantly higher than the market average, with the apparent goal of altering or manipulating the perception of price, and misuse of filters to maliciously limit the majority of users, preventing them from making offers.