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Topic: $100 price difference between exchanges ... - page 2. (Read 696 times)

newbie
Activity: 29
Merit: 1
Why Bitfinex website display USD instead of USDT?
sr. member
Activity: 882
Merit: 282
Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...
It happened sometimes in this ways and the arbitrage traders always take the advantage of this to make some profit from the market.  I don't think anything serious is happening somewhere that is making price behave the way it does across exchangess but with time we would see corrections.
newbie
Activity: 20
Merit: 0
Quote
you have to understand that coinbase does not use USDT but USD

Does Bitfinex trade USDT? On their website is diplayed USD ...
member
Activity: 459
Merit: 10
Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...
I think that is the diversification of many investors. Because large trading floors often have large investors and they plan to pump in quickly. And that is very relevant to other areas such as Margin.
hero member
Activity: 1148
Merit: 527
Unreal, about $800 difference now https://coinalyze.net/
The mistake you are actually making is to compare BTC-USDT pair with BTC-USD pair. It is always a possibility that two different exchanges will have two different prices as they are both two different platforms and this is how some people do arbitrage trading, as you can read more on that if you have no idea what that means.

The reason you are seeing such a huge gap is because one is a USD pair and the other is a USDT pair. On bittrex alone where the both markets are inexistence, there is always that huge gap between BTC/USD and BTC/USDT pair. I really do not know why but that is just the case.
hero member
Activity: 672
Merit: 526
I honestly believed that after the launch of Bitcoin Sidechain 'Liquid Network' we would have a much faster and stable equilibrium between the exchanges. But in the last few weeks, I've seen big differences in short time frames. Of course, today the problem was with a great whale and with some doubts regarding the USDT. But I expect these abnormalities in the difference between prices to decrease over time.
sr. member
Activity: 1988
Merit: 275
Sometimes the price difference between exchanges depends on the trading activity of that exchange. The supply and demand within an exchange has contributing factor in their price, and this is without the consideration of external exchanges' price. So once you compare it with others, you can see their price gap.
full member
Activity: 812
Merit: 100
Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...
Yes there's possible look binance the price of bitcoin is different to other exchange some whales is manipulating some exchange which I think is not good because its not real price of bitcoin.
full member
Activity: 1316
Merit: 126
Every exchange has different price from each other because crypto market is decentralized and no one can control,  Also there is factor of volume,  demand and supply.
Market and exchange volume will certainly affect prices in a certain exchange. It is sad that ETH pairs have a low prices than of BTC or USDT pairs. With that, it is better to convert it into USDT rather than of ETH conversion.
copper member
Activity: 308
Merit: 1
Going a long way to show that usdt is not a stable coin, really wondering if exchanges can be trading alts against usdt which is the real fiat than usdt
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
if you look on reddit (and around this forum), there's plenty of complaints about bank wires not being paid to customers, going all the way back to august. this is obviously the source of the price premium---in order to cash out, bitfinex users need to buy BTC and sell it on other exchanges.

Woah. I had the same question as OP and I knew it has to be something fishy, else the arbitrage bots would have covered this instantly. But this can be the cause for the difference.
Binance prices look similar to Bitfinex, but there I know that's actually USDT, which is "funny" (in a bad way) these days.
jr. member
Activity: 238
Merit: 1
Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...

Now she has risen to 200 dollars. I hope in the future it will go down.
full member
Activity: 406
Merit: 121
Every exchange has different price from each other because crypto market is decentralized and no one can control,  Also there is factor of volume,  demand and supply.
sr. member
Activity: 882
Merit: 297
Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...

That is why so many person are having account in different exchanges and depositing it so that arbitrage trading can be done. This way you can earn without risk. As some time their will be different price in each exchange and that benefit can be taken by this way.
legendary
Activity: 2030
Merit: 1028
IMO, every exchange make their own value and we as the trade may able to obtain profit through arbitrage.
Remember that bitcoin value really depend on supply & demand so it's also happen some each exchange around the world.

Because of that , cryptocurrency value mostly able for being manipulate rather than ordinary stock exchange trading.
hero member
Activity: 1204
Merit: 500
yes, that's normal, and I think this is often the case. in fact, sometimes there are people who try to take advantage of the moment. well, but of course that will be balanced in a fast time. it occurs when there is an increase, or a decrease in price that occurs in a short time.
legendary
Activity: 2730
Merit: 7065
Some arbitrage oppurtunity at last  Grin
member
Activity: 223
Merit: 11
The event you specify is extremely normal and the current value can reach higher amounts. Especially in the crypto market, prices are determined by supply-taalep balance and as a result of this balance we can see different pricing in many exchanges. For example, in the morning, the price of Bitcoin in the Tether traded markets was above USD 7,000, but for the market that did not trade with Tether, this amount was $ 6,600. In short, it is possible to see changes in these prices depending on the volume of exhange service.
member
Activity: 602
Merit: 11
Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...
Yes, I show like that many times with different coins. I show like that which coins have high transaction fees and some are technical issues. And if there some error which you have seen, it doesn't stay for a long time.
i think it is normal, many traders use it to make a profit, by moving their assets in another exchange to the exchange, of course it is done quickly, because it will not last long
member
Activity: 1106
Merit: 11
Crypto in my Blood
Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...
Yes, I show like that many times with different coins. I show like that which coins have high transaction fees and some are technical issues. And if there some error which you have seen, it doesn't stay for a long time.
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