Topic: why the price of crypto coins is different ?? - page 2. (Read 1739 times)
Because the market is new and ineffective. In general, price gravitates toward higher volume exchanges. And we can use the disbalance by arbitraging between exchanges. It's really hard to track all the info and there are some services to help us with it: CMC, CrysScan, etc
The high and low exchange rates of the currencies depend on several factors:
1 / Purchasing power of money compared to artifacts or services in the country. If the money is stable without inflation, the unit set from the low end of the commodity itself has a high price.
2 / Trade relationship of the country with money : if more than import, money devaluation.
3 / general trust of the user. It is a vote on the macroeconomic state of the issuing country.
4 / Convenience of money, Like US dollars paid everywhere in the world, EURO in many countries ...
1 / Purchasing power of money compared to artifacts or services in the country. If the money is stable without inflation, the unit set from the low end of the commodity itself has a high price.
2 / Trade relationship of the country with money : if more than import, money devaluation.
3 / general trust of the user. It is a vote on the macroeconomic state of the issuing country.
4 / Convenience of money, Like US dollars paid everywhere in the world, EURO in many countries ...
Because there is no fixed price for any coins, so the price for them is different everywhere!
The more demand there is, the higher the value, and the value is determined by the market.
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$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?
what's your opinion all about sir?
The first reason, of course, is territorial. The contingent of the exchange depends on which currency it accepts and how it is possible to withdraw funds. Another good reason is that at each exchange its sellers and buyers.
The volume of trading on platforms also matters
In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ and in one of the other exchange coin A is 2.1$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?
what's your opinion all about sir?
The first reason, of course, is territorial. The contingent of the exchange depends on which currency it accepts and how it is possible to withdraw funds. Another good reason is that at each exchange its sellers and buyers.
The difference in price is very policy. The country and the country have different coins, so the price of the cryptocurrency is different.
Because they have too different value and their own characteristics that help cryptocurrencies to survive and to develop in common on the cryptomarket.
Because they are different coins, with different projects, and different people investing in them. Just like we were taught in economics, the value of a product increases depending on how much demand it has in thee market. When the demand of a coin increases, there is a most likely possibility that the price of the coin will increase also.
Cryptocurrency is traded in open market where anyone could get in and out as they wishes, The market behaviour is affected by denand and supply! If there is high demand on a particular coin, the demand will affect the price regardless of prices of other coin in the market!
In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ and in one of the other exchange coin A is 2.1$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?
what's your opinion all about sir?
because each coin has different abilities to grow and develop. so they will not be able to have the same price, and also each coin has its own community, and that greatly affects the price of coins.
be dumped placing them into a trap, not saying that its always that way but there's chances that it's really happening.
In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ 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?
what's your opinion all about sir?
because each coin has different abilities to grow and develop. so they will not be able to have the same price, and also each coin has its own community, and that greatly affects the price of coins.
The price of Crypto also follow the rule of the demand and price in the market. The demand here is a number of investors who are putting their money in transactions and holding it.
Most investors are tempted to invest in a short time because they are very fast raising or lowering the price of their coins. I think the number of coins stored in each exchange is different, and the number of investors is different for each exchange.
because their value and volumes are too different and their experience on the market is different too. so there is not something bad for these differences.
Each trade has its own particular brokers and each trade has its own particular valuing yet the request and supply of that specific coin settles the value I think. As you said I have seen some distinction in cost for a similar coin on various trades and I to thought about how this is conceivable and why this is going on, however I haven't the faintest idea. May be the posts in this string can give a few explanations behind our inquiries.
Because of the different demand of all cryptocurrencies, once crypto have higher demands surely its value is possible to increase, like what happen to Bitcoin and Ethereum. And also it depends to its supply like Bitcoin, since its supply is limited and the demand is higher, so its become expensive. While to other crypto even they have enough supply but there are less demand only so their price is cheaper. 
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?
because every exchange has its own volume, the price is different but not too significant, that's the crypto price that does not remain one day can change what's your opinion all about sir?
Each trade has its own particular brokers and each trade has its own particular valuing yet the request and supply of that specific coin settles the value I think. As you said I have seen some distinction in cost for a similar coin on various trades and I to thought about how this is conceivable and why this is going on, however I haven't the faintest idea. May be the posts in this string can give a few explanations behind our inquiries.
Typically, the crypto rate at CMC (Coinmarketcap) is the average price of the crypto when traded on different exchange floors. The difference in exchange rates is due to the volume of trading and the exchange rate at each interval between exchange floors, which are negligible, usually under $ 0.5. So you do not have to worry about it, trade cryptos at the highest volume.
The fundamental purpose behind this issue is identified with volume on various trades, if a specific trade has less volume implies it will have less instability in its cost and the other way around. Volume assumes a key part in choosing the cost of a coin, you will watch that when a coin enters a trade volume is at first low and cost is high yet after some days cost begins to fall as individuals endeavor to offer and more volume increments because of which it turns out to be less unstable.
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