Topic: why the price of crypto coins is different ?? - page 4. (Read 1718 times)
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supply and demand. plus various volumes from the clients of the exchange
In initial coin offering the organizing team members altogether fix a base price for their token after it get listed on any exchanges the value mainly depends on the supply and demand also buyers and sellers opinions.
Many small and medium-sized investors, even by themselves, are able to force the price of crypto currencies to creep up by increasing demand for it. In the case, when manipulators stimulate the acceleration of price growth, this stirs up a massive stir around the acquisition of this cryptocurrency, and as a result, growth becomes even more rapid. Price jumps due to the arrival of large investors on the market also stimulate the growth of interest in the cryptocurrency and the growth of its price.
As most of the coins are on decentralized platform and are highly volatile, it is easy for large investors (whales) to manipulate the price of a particular coin to a certain level. There are groups of people on exchanges that pump and dump particular coins to certain levels to ensure their profit by buying together or selling together in bulk. Even this phenomenon can sometimes lead to difference in prices of a coin on different exchanges.
This is because each exchange has its own investors and on different stock exchanges, people display a different price for buying and selling. It is because of different people's demand that the price is slightly different.
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$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?
It differs because there are different traders in every trading platform. Even Bitcoin have the same scenario in every exchange. Although altcoin is more volatile because it is not as popular as Bitcoin. what's your opinion all about sir?
In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ 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?
I think because that coin dont have same volume. On exchange A for example, volume transaction on X coin $1mil and on exchanger B volume transaction only $10.000. Sometimes its because manipulation on price order and sometimes its because on one exchanger not updating order price
In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ and in one of the other exchange coin A is 2.1$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?
what's your opinion all about sir?
There are many coins on the market. Some coins are fresh, others old but well-known. Both categories of coins has its own benefits. For example new coin that just appeared could be much more profitable.
Because it is the result of the different will of the buyers and sellers in the every different exchanges no other reason aside from this.
In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ and in one of the other exchange coin A is 2.1$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?
it depends on the people who holds or trade that certain coin. just think of the demand for that coin. if many people are holding or buying it, the possible reason for its price is to increase, the other coin will be divided the people who buy and who hold it. because not all people are buying all altcoin because it would be so hard. what's your opinion all about sir?
In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ 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 price of a certain coin or token is driven by the community. Exchanges are just bridges for the community or people and the coins and tokens. People decides how much they want to pay for a certain coin. This is common in all exchanges that exists. The exchanges have no control over this since they are just the intermediary party. So if a person A wants to sell coin A for $2 then he can sell that coin in any exchange for $2, same way if person B wants to sell his coin A for $2.1 then he can also sell them for $2.1 in any exchange. The problem is not the exchange, it is the people selling.
In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ 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?
It's clearly because the supply and demand of each coin is different.
And also the utility of the coins and the popularity, all those aspect determine the price of a coin
Speculation in the market as well as the time delay of data exchange between servers. The volume of trading on platforms also matters
Traders, volume make the difference.
But this can be an advantage for traders that do "arbitrage" (they buy low and they sell high on the other exchange). In this way the price will normalize too.
But this can be an advantage for traders that do "arbitrage" (they buy low and they sell high on the other exchange). In this way the price will normalize too.
my question is why the price of some crypto from one exchanger to another is different
It's different because it depends on how many people are trading in those exchanges. Coins that are more expensive on binance are caused by traders which makes the volume higher.And if you'll see on other exchangers that some of them are quite cheap, you better check on how many buy and sell orders are there. When you figured out on how few traders are there, you've got an hint on why they don't have identical pricing.
The basic reason for this problem is related to volume on different exchanges, if a particular exchange has less volume means it will have less volatility in its price and vice versa. Volume plays a key role in deciding the price of a coin, you will observe that when a coin enters a exchange volume is initially low and price is high but after some days price starts to fall as people try to sell and more volume increases due to which it becomes less volatile.
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?
of course, because sellers and buyers will have an effect. this is a simple matter, and I think the other friends have explained in detail. you should take the time to seek insight
Because each coin has different purpose, belong to certain environments like Education, Hospital...
Also depeding on social, marketing, Dev Team
Also depeding on social, marketing, Dev Team
Consider this example. Person A buys a sandwich from US at $1 and the same person goes to India and buys the same sandwich for $1.5 because the price in India for that particular sandwich is more. People love the sandwiches there which has caused greater demand for it in India and that's why the vendor has increased its price. Similar thing happens in crypto exchanges . Many exchanges have different prices for the same coin because of greater demand in one exchange than the other. I hope you understand why the prices are different for the same coin now.
yes, I understand that, if we buy goods in the UK for $ 1 and for india need more money in Indian currency.but what is the difference between ICO price of a coin?
the higher the supply the lower the price it will need time to grow the price meanwhile having low supply means higher price of each piece of coin. the coin price needs to grow bitcoin is the first cryptocurrency naturally it will have the most demand thats why the price is the highest of all of them.
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