Author

Topic: Coinbase VS Coinmarketcap (Read 269 times)

member
Activity: 112
Merit: 11
December 02, 2017, 09:42:46 AM
#4
Ah I see, thanks!
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
December 02, 2017, 09:40:37 AM
#3
The price of specific exchanges can vary quite significantly during dramatic price movements, because arbitrage can take somewhat longer in crypto markets than in most others.

There's also the fact that Coinbase has very high trading fees, and there's also the BTC and fiat fees.  Coinbase's price can easily vary by as much as all these fees combined (and the effort of doing the arbitrage).

Coinmarketcap is aggregated data, so it takes all major exchanges into account.
staff
Activity: 3500
Merit: 6152
December 02, 2017, 09:36:17 AM
#2
Coinmarketcap takes the price from different sources and then calculate the average while Coinbase/GDAX price represents the real time rates based on the current buy and sell orders they have on the site.
member
Activity: 112
Merit: 11
December 02, 2017, 08:36:48 AM
#1
Why is the CB price always lower?
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