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Crazy P2P fees - What we're supposed to do?

Binance

Cryptocoins Exchanges / Binance 234 Views

I've been trying to buy some USDT for the last month or so but P2P fees has gone absurdly crazy for some very popular options without any apparent reason at all. I know Binance has introduced a small fee for makers but it's insignificant (0.35%). I've always paid between 2 and 3% for Neteller or Skrill but it has been sitting at 8 and even 10% for a while now.

Is there a reason beyond plain demand and supply? What are my options here? I won't pay that much, even if BTC hit $1. Funniest thing is, BTC dips, fees goes up, BTC goes up, fees still goes up as well. I refuse to think there are people who are actually paying such a rip off.

Thanks.

submitted by /u/kippelization
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