Topic: Why are local bitcoin rates so much higher than preev rates? - page 2. (Read 952 times)
I'm seeing the exact opposite, actually. Preev is showing over $1400, while bitstamp is around $1387. There have always been discrepancies like that, though, because of how small the bitcoin market is and the fact that there are numerous exchanges. Preev should be a composite of them, though. Not sure why they're listing the highest price. That's what I'm seeing, anyway.
Because buying in person always has a premium. This premium is charged on the basis that exchanging Bitcoin locally and in person is normally much more private than doing it on an exchange.
Talking about the BTC to USD rates.
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