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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