Blockchains | Cryptocurrencies | Web3 Resource logo Blockchains | Cryptocurrencies | Web3 Resource logo
Cryptopolitan 2020-01-22 23:35:40

Venezuelans are selling Petro on LocalBitcoins at half the official price

Venezuelans that received the asset through an airdrop are now selling Petro on LocalBitcoins at half the official price. Selling Petro on LocalBitcoins Venezuelan administration had recently conducted an airdrop of Petro coins that awarded every registered citizen with 0.5 Petros. Now the people are selling Petro on LocalBitcoins. The government claims that the asset is worth 60 dollars per coin, however, LocalBitcoins has listed the asset with a price close to half of what the government claims. As per a Reddit thread, Venezuelans are rushing to LocalBitcoins to sell their Petro coins. The airdrop was conducted in December last

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer