🟨 Why is the floating margin in Venezuela 200% while in other countries it is only 10%?
Binance applies a P2P price margin of up to 200% for transactions with bolívares (VES), but limits that same margin to 10% for currencies such as the euro (EUR), Colombian peso (COP), or Chilean peso (CLP).
We know that Binance does not set prices, but it does define the ranges within which users can operate. And when the margin is as wide as in the Venezuelan case, speculation is encouraged and the market is distorted. This does not happen in Colombia, Chile, or the United Arab Emirates.
My question is sincere and technical: 👉 Why is this parameter set only for Venezuela? 👉 Is there any specific criterion that justifies this unequal range? 👉 Is there a way to adjust it to the same criteria as other currencies?
I am not accusing; I am asking for clarity. As a user, as a citizen, and as part of a community that values Binance, I request that this point be reviewed and that the same standard of logical margins be applied for all countries.
💬 I appreciate that Binance listens to and considers the concerns of its users.
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