Hi, i have been invest a bit in some coin in binance months ago. i find out there are some weird thing.
I noticed the price for IOTA in binance and coinmarketcap is different yesterday. normally binance price should be lower than coinmarketcap. it's 3.2 in coinmarket and it's 3.4 in binance and it's keep rising up fast. so i wanna test if it's some scam or whatever. i traded $20 and bought IOTA. Once i bought, the price quickly go down to 3.2 just same as coinmarketcap.
i can't imagine if i never test and trade so much in it.
can anyone explain this?? is this some kind of scam??
i noticed there are some coin is same situation too today. but i never buy.
If you are feeling worry to play in the crypto and don't play it. the market can sensitively goes up or down. remember every exchange site has different volume than others, if you are seeing why is there a lot of gap between the western exchange site with korean exchange site? and it will be the same as your case. The fact it caused by the manipulation by the whales. I noticed the price for IOTA in binance and coinmarketcap is different yesterday. normally binance price should be lower than coinmarketcap. it's 3.2 in coinmarket and it's 3.4 in binance and it's keep rising up fast. so i wanna test if it's some scam or whatever. i traded $20 and bought IOTA. Once i bought, the price quickly go down to 3.2 just same as coinmarketcap.
i can't imagine if i never test and trade so much in it.
can anyone explain this?? is this some kind of scam??
i noticed there are some coin is same situation too today. but i never buy.