Topic: why the price of crypto coins is different ?? - page 7. (Read 1718 times)
Just a note that these price differences can be used for arbitrage. If you buy low on one exchange and transfer to the next to sell higher, you can make a decent profit. However, you must be sure to take into account trading and transferring fees. You have to be sure that this move will be actually beneficial for you, and not just a waste of time.
Each exchange has its own traders and each exchange has its own pricing but the demand and supply of that particular coin fixes the price I think. As you said I have seen some difference in price for the same coin on different exchanges and I to wondered how this is possible and why this is happening, but I do not have a clue. May be the posts in this thread can give some reasons for our questions.
probably because of the different supply and demand in each exchanger so influential with the price in each exchanger. The popularity of the exchanger also affects the daily transaction volume.
It depends on the sell and buy order on each exchange. The price of coin in each exchange is totally independent of each other.
It's about how much the user of that exchange are willing to buy a coin for.
It's the arbitrage traders that play the role to keep the price nearly equal in every exchange.
It's about how much the user of that exchange are willing to buy a coin for.
It's the arbitrage traders that play the role to keep the price nearly equal in every exchange.
Because for each trading platform, or each country, the trading volume for a currency is different, the buy and sell orders are also different, so it makes a difference, never has complete identity.
This question is somehow very complicated, the market value each individual coin derive is as a result of many factors like the technology behind a coin, the support of developers and the community and sometimes the circulating supply of the coin!
There are some reasons behind this. The most active reason is demand and supply. Usually, demand and supply fluctuation is responsible for the price up-down. You can also think differently like value of USD and EUR is not same in every market. Though it varies by geo location.
that little difference is a common thing, we can see from the volume of transactions,
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?
Never mind altcoin big coin like bitcoin is also same, volatile depends on demand of each user exchange, but price isn't Far from flat price, my question is only a few coins that are much different with the average exchange rates such as BCD (Bitcoin Diamond), for some reason in Binance can be up to 6 - 8x other market prices. what's your opinion all about sir?
That's because the coins or tokens do not have a fixed price. There are many owners and no one can control them from the price setting they want in any exchange they want to sell.
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.
thank you all for your good opinion sir
It is the same market on different exchange, different sellers, different buyers and apparently a little bit of gap in value. The main reason why you see them sometimes close to each other is due to those who are into arbitrage trading (the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset; according to Webster); so literally, you cannot obviously expect the price to be exactly the same BY ALL MEANS across exchanges.
Of course, the price of electronic coins is different. In every country in the world, the value of every penny is different. They will convert to the official currency used. For example, in the UK, the dollar is used and the Vietnamese is used. The price of each bitcoin is different.
The reason for the difference in the price of each coin is that the amount of coins stored in each exchange is different, and the number of investors is different for each exchange. Investors are tempted to invest in a short period of time because they are very quick to raise or lower their coin prices, and exchange centers with these groups are expected to be prone to price fluctuations.
Well it happens because of 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.
It will depend on the exchanger and the demand for that crypto and that a day traders job to get a good profit on a crypto where they can find an exchanger with different market price having the same crypto. Well in that case it is bad to buy a 2.0 USD crypto then sell it to another exchange with 2.1 USD market price because it will just compensate the cover of transaction fee that will result to the lose of your possible profit or even compromise the money you invested on cryptocurrency.
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 is because all of those cryptocurrency exchanges have their own market, and different exchanges have their own trading volumes and of course they have limited supplies of those cryptocurrencies so if there is high demand on a specific coin on that exchange the value of that coin may be more expensive than the value of that coin on other exchanges. Look at what happened in Zimbabwe, the price of Bitcoin is more expensive than any other exchanges it is because they only have one Bitcoin exchange there which is golix and the demand is very high due to economic crisis that they are experiencing. By the way this question had been answered a lot of times, just explore the forum or simply google it and you will get those answers. what's your opinion all about sir?
There are many pennies in the microelectronics market and their prices are also different. This depends on the value, the number of participants and the profitability it brings. Even the value of each electronic currency in each country is different. Because each country's currency value differs.
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.
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