why the price of crypto coins is different ??

criket

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Quote from: Thefrolly on September 23, 2018, 11:25:52 PM

Quote from: andryhari on June 26, 2018, 09:05:41 AM

In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ and in one of the other exchange coin A is 2.1$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?

The price of the coins is mainly dependent on the supply and demand factor and so you see different prices of coins on exchanges because the trading being done on a coin on different exchanges are always different and the higher the volume being traded then the higher the price of the coin on that exchange. Also some exchanges put higher prices so as to draw more users to them.

I just want to give a reason why the price of each different token does not follow based on a single price reference. one factor that supports the price difference that occurs in each token is the different total supply for each token. usually the less supply of tokens, the more expensive the token price will be, and vice versa. but I think all the token prices depend on the ability and market interest in the token, if the token is much sought after in the market I think the price will be more expensive.

roadwell890

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because every crypto has developer differences, different uses, differences in total supply and everything is different
for the influence of the exchanger, usually the highest volume exchanger is the actual price, a difference of 5%, it will make many people arbitrage, and I say it's normal

Thefrolly

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Quote from: andryhari on June 26, 2018, 09:05:41 AM

In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ and in one of the other exchange coin A is 2.1$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?

The price of the coins is mainly dependent on the supply and demand factor and so you see different prices of coins on exchanges because the trading being done on a coin on different exchanges are always different and the higher the volume being traded then the higher the price of the coin on that exchange. Also some exchanges put higher prices so as to draw more users to them.

ansarose1

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ofcourse every coins and tokens has their different prices which projects and ico's hold by their project plans. It is just like simmilar to currency around the world, they have a lot of different prices and exchanges are compared to dollars. In cryptocurrency also has different prices and when it is traded to exchange, it is convertable to bitcoin price or ethereum.

Hammonds

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Quote from: comparecrypto on September 10, 2018, 07:34:25 AM

I often find price differences at each exchange. I think this is one of the coin exchange strategies to make a profit too. Where can they benefit if they do not take the difference in coin prices? Because I think, just relying on WD's costs won't make them profitable.

It could also be like that because the team from the Bursa side also wants to make a profit.
But maybe it is more appropriate that when cryptocurrency is already on the market it cannot be predicted and the price is always up and down because the difference in the owner of the coin is not centralized.

kent47400

newbie

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If it's the same, it's not cryptocurrency.
Cryptocurrency is not centralized, so I make sure the price will continue to change even though the Exchange is different.

If you want the same then just choose Gold.

comparecrypto

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I often find price differences at each exchange. I think this is one of the coin exchange strategies to make a profit too. Where can they benefit if they do not take the difference in coin prices? Because I think, just relying on WD's costs won't make them profitable.

Ostonian

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The difference in the rate of the same cryptocurrency at various exchanges is explained by the fact that in each market there are sellers and buyers who pursue different goals. Some of the participants want to buy coins for the purpose of making an urgent payment, so he is ready to acquire the cryptocurrency right now, at any price. Someone wants to stock up the digital currency for long-term investment - and he expects a profitable course for himself. And they are all willing to pay different amounts (or require a different fee).

Miklight88

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This is simply and it is called arbitrage , which means a slight difference in price of a coin in two different exchange , it occur once a while due to the trader on those exchange , for example in exchange A one trader set buy order at $2 and no one in that same exchange is selling in that price but $2.1 and if someone agree with such order and place the buy order at that price then it will hit the price and in exchange B people there might not agree to that price and the price will have to stay until there is a mutual agreement between the buyer and the seller , so in this regard the price look different . But in little time go back to same and if it doesn't then there must be an issue somewhere which lead to lock of deposit and withdraw for time being and till the issue is reset.

kramat

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of course everything will be different because indeed the market is managing these prices which are the target of investors, it will be high and those that are not chosen will be dumped. so each product must have a different price depending on how high a person's interest in the product is

Kaycee0202

newbie

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Well the prices of cryptocurrency coins are different because of so many reasons I will mention but a few. The cryptocurrency coins are of different project and are handled by different team so the can fix their prices differently also the exchangers has a role to play

alpddere

newbie

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which is why there are different demands on a coin in different stock exchanges. this may depend on the country or the stock market culture.

marlo1001

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The market price of alternative cryptocurrencies as well as bitcoin would be determined by the law of supply and demand so when on Binence, that the man would be greater price will be higher.

Benarand

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It all depends on the volume of trading on the stock exchange, plus there are still different commissions for issuing orders from different stock exchanges, here's the difference of course.

cobak pole

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this happens because the total supply is more and less, besides that currently it also depends on investors in holding the price and altcoin they have!

Ni-in

member

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Have wondered about this,
i also wonder why the price isn't very different.

But like people said, depends on the volume buys and sells, used by a lot of people to transfer between exchanges and make a profit, did it a couple of times, but get's complicated with withdrawal fees, switching to a different coin perhaps to make the transfer easier etc.

garciacarral

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This difference depends on the value, volumes and support of the coin. If the cryptocurrency is strong in these aspects, its price will increase so much.

Nekroser

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The price is different because initially they were created for different tasks. Each coin has its own unique purpose. And the more people believe in its great future, the more expensive it is. Similarly, with a decrease in price.

Talat10gu

member

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Merit: 10

Their values are too different to have similar prices, so their prices depend on their value and volumes which are the main indexes in the coin's development.

MyAnh

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Activity: 294

Merit: 1

Quote from: yhoga45 on June 26, 2018, 09:14:30 AM

Quote from: andryhari on June 26, 2018, 09:05:41 AM

In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ and in one of the other exchange coin A is 2.1$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?

I think it's because of the people (trader) in every exchanger. For example, people from A exchanger loves trade X coin and then people from exchanger B loves trade Y coin. Of course, X coin in A exchanger will higher than B exchanger (usually) it's because X coin has a lot of transaction in A exchanger (supply and demand).

I find it a good idea , the law of demand and supply, the more people buy a particular coin in one particular exchanges, the more the price changes compare to other price, so it is an open market and people choose the price they want to buy or sell

Topic: why the price of crypto coins is different ?? (Read 1749 times)