Bitcoin Forum

Why there are significant differences in current BTC value between different exchanges.

The price is based on supply and demand. We had this case with India and China too before they close their exchanges. If for example India had a high demand for bitcoin then you will see a 5-10% higher price compared to International price in the other exchanges. It's totally normal, If you could manage to register there and somehow sell your coins then you could actually make this profitable for you.

thank you sir  ;D it means its an opportunity  to gain more profit.

This is likely due to differences in demand for BTC among different countries and regions, depending on the population of traders using each particular exchange. The differences in BTC value should not be too great, however, or exist for a long time because eventually people will see an arbitrage opportunity developing and take advantage of it, after which the price gaps between exchanges should decrease. Some small differences in BTC prices may remain simply due to normal trading activity and the cost/hassle of moving currencies between exchanges to take advantage of arbitrage opportunities.

Yes it is the essence of trading, Law of supply and demand is always considered on the price. This is also the main reason why the price of the coin changes from time to time. You may take advantage of those different prices between markets.

All I know is that it is dependant on the demand and the supply of the coin in that exchanges. That is why there are variation in prices. So the thing in here is pick an exchanger that has a big bid.

Thats not easy to sell here at Indian exchanges. Your INR are not transfered to any paypal. You need to have an Indian bank account with KYC. If it was that easy you would find hundreds of people doing this.

Yeah. There's differences in bitcoin's value.It is happened because of supply and exchanges.Also different altcoin has different value.So that's why there are differences in bitcoin's value.

It is obvious; because the currencies Don't have to same value so the Bitcoin will not be the same in different currencies.
Many are asking why Don't we have a global currency ?
It is a good idea for everyone but sometimes it is depassing countries' privacy if you oblige them to use this global coin.   

For starters Bitcoin has never been implemented as the original price. As of now bitstamp has the highest i think cause i recently speculated about it yesterday. All exchanges has their strategies only some exchanges implements the original price of it i think on bittrex is fair enough

The reason behind that is btc can increase in a unexpectable value that other currencies could not reach it. Btc value and level is different to other currency,All because other currency has a limmitation in term of thier exchanges.

Yes, you might think that exchange, where you do buy and sell, is doing a game with bitcoin price. It's not like that. All have their respective formulas, and the formula base is almost the same, ie the position of demand and supply, so that it can affect the price rise and different from other exchange. Not only that, the price difference between the exchange is also influenced by the trading habits of its users, as well as the difference in the currency rate at which the exchange place operates. So if you send your bitcoin to a higher-priced exchange you will be surprised to see results that are not so different from the previous exchange price.

Yeah bitcoin is differt in the all currecny. Bitcoin pricess not stabal. So it will change the prices day by day. It differ for the currency. Bitcoin is future currency. It digital so it reach every one. So most of the people know the process. Bitoin is help to country and country people. It's digotal currency so people easy to transactions for the future saving. It will help to invest and improve you business process. It will helpful to transaction process. It differt proces. So it is careful to handle. If addres is chage you can't find the amount will transfer. So you will know the process. Befor you will send.

As you said bitcoin value is different from exchange to exchange this kay due to the traders who are going to sell their bitcoins so they might fix the value,in some exchanges the price is higher than the market value of bitcoin,so if you are a going to purchase or want to sell you bitcoins need to search different exchanges for getting more profits.

Bitcoin value now is more different from exchange becuase traders choice if what value they want to exchange. Bitcoin is much more value now, so in exchange for sure it is much more different. So for us, we want more much value of bitcoin, but for tge traders, they dont want the value of bitcoin will rise high.

It does not automatically translate to profit based on the difference in price across exchange site because the amount of of difference might not be enough to cover for costs of making the exchange considering the transaction fee of buying from one exchange site to the one of withdrawing then having to pay the same fees on where to sell then withdraw again, it just needs serious calculation before engaging in such.

Yes OmegaStarScream statement is true.
In addition to calculating profit also count the transaction fee and time for the transaction get confirmation.

There are many difference in Bitcoin value.Because, it is generally not stable. It's price is changeable. Now,its price is so expensive.

Think about it like that.

Let's say in one country the demand of bitcoin is very very big compared to the supply, which makes the bitcoin in that country to go far beyond the price of bitcoin on other countries.

Now people want to airbitrage to gain from the difference right?
But that country makes it really hard with regulation, as it costs a lot of money and time to transfer funds from an abroad bank to that country, so it is almost impossible to profit from price differences, so the price differences remain the same, and that's also the reason why in Zimbabue the price of bitcoin is almost 30K$ right now.

Arbitraging isn't that easy as most people really think. You need to have fast transfers over different exchanges for your trades to become effective and maximize all your profits. At this point in time arbitraging bitcoins really sucks because the fees together with the confirmation time is really bad. Not to mention that you also need to be verified into all of these exchanges in order to get quick release on your withdrawals for your next trades.

Yeah the more you will search the more profit you will get and it is not good to just go and sell it is good to wait long till bitcoin price will be stable for some time. If you are not finding right person to buy your bitcoin is not the end just go for other people and say about bitcoin. It is now helping a lot of people that they have patience and they can wait for perfect time and perfect person to sell their bitcoin.

Btc or bitcoin value changes everyday or increases everyday but sometimes it also decreases .

The differences are obviously because of currency difference . For the currency differences there will be different prices and values for bitcoin .
This also depends upon the supply and the demand of bitcoin in different parts of world . Due to the growth of the demands the value for different exchanges increases simontaneouy . Bidding can also influence the decision making.

It comes down to the natural price differences due to arbitrage being a challenge for the Bitcoin network, due to confirmation times and everything. It also comes down to choices on the exchanges too, since exchanges are almost closed systems and don't experience any significant influence from the outside as they are quite limited in their incoming Bitcoin (most of the time) and a lot of Bitcoin is exchanged within whatever exchange it goes to; it doesn't move around a lot.

There are also some issues with having money in other currencies or countries that you would not necessarily be able to access all the time.

Its a simple strategy which is common for any market. Totally based on the supply and demand.
If the usage is high it will automatically create a demand which increases the price automatically. In my region its bit high compared with other countries. It is applicable in any market or a product. If you want to learn more about various sector just google Economics and study about that. You can learn about various statistical analysis specifically about bitcoin.

Arbitrage is really expensive, you need capital in fiat money and bitcoins to make simultaneous transactions between different exchanges. And each excahnge is independent from each other and they're free. So it's normal to see price differences between them.

Yes btc may differs of price everyday, but the point is it differs from other exchange because of most said the active traders. Also, the demands on that exchange that btc keeps increasing or very active the price.

Don't worry about this, use it as an opportunity to earn good money by selling the coins from one exchange to another exchange where rates are pretty good and higher comparing to other websites.In India, i am using the zebpay app where the rates of bitcoin are higher compared to other websites, so I use to sell my signature campaigns payment here to get good returns.

laying on sell and buy every market has a fairly price difference, it depends on the users of the exchange.

The price of bitcoin is varing every day and you need capital in fait money and bitcoin to make a simultaneously transaction between different exchanges and each exchange are independent  from each other so it's normal to see price differences between them.So sell your bitcoin when the price is high.

The reason is not far fetched. Everything about bitcoin is related to economical theories and to maximize profits. Therefore, this is why there are differences because every exchanger likes to take the advantages or opportunities provided by the laws of demand and supply .

They tend to increase there prices base on the demands on their tables.

Indeed, especially in some countries which facing economics or political issues which fiat currency devalued happens rapidly such as in Zimbabwe recently.
Last month’s expensive bitcoin is this month’s cheap bitcoin, and the intense demand for the digital currency has since pushed it to over $19,000 globally as of this writing. The premium that’s been in place at the continent’s Golix exchange remains in place though. As a consequence, one bitcoin there is currently trading for around $32,000, down slightly from a peak of $34,000. https://news.bitcoin.com/bitcoin-trading-40-premium-africa-heres/
Can you imagine, bitcoin worth $19,000 on most exchanges across the world but not in Africa, almost doubled in price. That's the power of a decentralized digital currency.

People often talk about supply and demand, but you need to understand that supply and demand are not only general concepts but they can be local concepts, as an example, gasoline may have a price but if suddenly there is a shortage in a city then it is natural that the price will go up since in that particular city gasoline is scarce and the same happens to exchanges and bitcoin.

Why it is so? Why this two faced strategy? I have heard from the very first day here that traders always want high prices. Who are those people who want high prices? We? Aren’t we traders and investors? Man you just messed up everything. I think you need to learn something better and then tell what is right and what is wrong. You may be on some weird knowledge. Update yourself.

Not only that you need to have a bunch of accounts in many exchanges and countries and you also need to have a substantial amount of money so you are able to benefit from those differences in those prices, and you also need to have some way to do this automatically since doing this by hand is going to be impossible so as we can arbitrage is something that is going to take a significant amount of effort to do it right.

I agree on you mate, that would always depends on the demand  because it the status of bitcoin is the higher the demand the higher the supply of the value. That would always depends, just like for example if you have token you couldn't dump easily you must observe first the movement or the cycle of the coin if their is value already. The many investors will come over the higher the value of the bitcoin.

Maybe every exchange has its own supply and different and have different enthusiasts. But I think the difference in value is not too far and significant on the exchange.

The law of demand and supply says that the price increases if there is a high demand and constant supply and price falls if the supply is more than the demand. This is why the price differs on the exchanges even from the single country. In my country, the demand is usually high so the price is 10% more than that of the international exchanges but that's because buying from the international exchanges cost us 5 to 10% excess amount due to Forex change, bank fees, taxes etc. So yes, there is a difference but that's not the opportunity every time even if there is a difference in the price.

I think the cause of the bitcoin price increase is due to the increase in technology promised by bitcoin and it is not impossible if the current cryptocurrency market is dominated by giant financiers and for the difference in value appropriate to other markets if for the price of unity between markets there must be a difference.

obviously different, Even the price of each exchange is regulated by the number of offers. if buy more then price will rise, if penwaran behavior more then price will move down. but any exchange with the same coin will not have much price difference.

right, although there is a difference in each exchange but the difference is not significant on every same coin. it can be used for arbitrage trading, so we will get additional profit from that way

the value are based on the supply and demand with the low supply right now bitcoin value are much higer to getting it

The difference in the value of Bitcoin is due to the fluctuations in the demand of Bitcoin market. When the demand of Bitcoin increases the price of Bitcoin also increases and the market become favorable for investors who invested in a low market. The price few days ago was 9k dollar and then eventually the price became stable at 8k dollar and thus stability lies between these two values.

When we talk about any of the crypto currency which is there in the world of the crypto currencies, then the first thing which comes to our minds is that the crypto coin is having volatile nature which means that the market value of that crypto coin will keep on going up and down with time. this volatile nature of the crypto coins is just because of the change in the demand rate of the crypto coins.

its a lot of differences of the value of bitcoin than the value of it for the past few months. cause as we see bitcoin has been so dump and other cryptocurrencies are starting to shattered. the bull market is over so we are here waiting for bitcoin to come again. i wish bitcoin will rise up again and continue its journey

But he ks not asking about price dumps and bumps he is asking about why there is difference between the prices in exchanges this is also because change in demand in each exchange.But this is good if you are a trader we can make easy money by buying low at one exchange and selling them at another exchange.

It is always about the concept of demand-supply.
The more users buying BTC, the greater the value of it and the opposite - so yes, popularity over time of the crypto is a very important element of it.
More people selling their BTC for a lower price (mostly because of panic selling on false speculations or just simply a need) contributes to what they call "dump" which lowers the value.

Market price is based on supply and demand, where buyer and seller agree with price.  BTC price is too based on .mining cost, policy in country, ...

I think that price fluctuations will disappear soon. We need to wait a bit and everything will be fine with bitcoin price. I am sure that this is the most valuable coin. Bitcoin has a great potential and power that is worth attention

Price differences in trading floors are frequent, as large numbers of investors buy or sell Bitcoins on a given floor, which will cause the Bitcoin prices to rise sharply or down in the short term. Here is also an opportunity for investors to sell Bitcoin at high prices or to buy Bitcoin at a lower price than other exchanges.

I have said something about this different price rates on exchanges and that was last year, I asked question on why this keeps on happening but people kept on telling me it’s due to different rate of demand in various places but I don’t believe that, cause it’s lie. Everything is being done on the Blockchain and there is nothing like price difference due to rate of demand at a particular place. I think exchangers are doing this on purpose or maybe it’s a mistake, but it has nothing to do with rate of demand.

You are all giving wrong replies to this question. Did you even read the question before replying? 🤔The question was why are there different price rate on different exchangers? I don’t think that’s something that has to do with the rate of demand for Bitcoin. This is the main reason why I prefer to make use of the Blockchain wallet cause the price is always correct, unlike exchangers that tops it up for no reason.

Oh... Really, even altcoins too. I noticed a difference too in two different exchanges where I wanted to buy a coin, one was very high and the other was cheaper. I waited to see if there will be a uniform price but that didn't happen.

According to country preferences and exchange popular and heavy traffic changes the bitcoin rate there and if your country allow bitcoin and crypto in own territory then the exchanges will also active in transactions and the coins flow will high there.

Bitcoin price is not based on mining cost or the policy of the counties,it purley depends on the demand and supply but still difference in the prices because of the difference in demand on each exchanges and in the sites like localbitcoins the orices were increased and decreased according to their competition.

if for that, I think it is true, because the btc price always refers to the costs that have been obtained from the results they achieve. and getting results and costs is also not easy, requires a difficult process.

the difference in demand for BTCs between different countries and regions, depending on the merchant population using any particular exchange.

It's a common thing, the difference that is due to demand and supply, and it's a good thing if you know it. Yes i mean, if you have 2 different exchanges you can exchange, if you see a different price in exchange a btc with price $7,655 and exchange b $7,680. then buy at exchange a then sell at exchange b.

much the difference in bitcoin values over its value over the past few months. The cause as we see bitcoin has been so dumped and other cryptocurrencies begin to crumble. the bull market is over so we are here waiting for the bitcoin to come again.

The value of bitcoin depends on how people feel. The first value that most people think is the profit that it creates. Especially, it facilitates quick and convenient transactions in online trading. And in particular it transits to countries that do not take a lot of fees...

The btc value is down from time to time. It's trading. This change is due to supply and exchange. If you want to sell Bitcoin, you need to exchange the exchange. Well, its profit is ... The btc value today is $ 6400. It was $ 20000 last year. It's a clear change of btc

but i think the price is not much difference, but indeed if we arbitrate with a large capital, it will get a lot of results. this is because supply and demand on an exchange are not the same

The value of BTC is down rather than last year. The difference is based on the current demand and supply. And the value of bitcoin is based on your country exchanges.

Everything is based on profit if one country has a greater demand for bitcoin, other countries do everything to earn on it. This tactic has always been used not only on exchanges

A person, business, or the market places on a resource, product, or service is monetary value is value in currency. In fact, most goods and services in our modern economy are priced based on monetary value. Let's look at some examples of resources, goods, and services priced by monetary value such as commodities, such as precious metals, agricultural products, oil, gas, and other natural resources. Buyer and seller will all be negotiating in terms of fiat and physical prices.

Same thing goes in bitcoin, there is a (a) high in demand high in supply; (b) high demand low supply; (c) low demand low supply; and (d) low demand high supply. With this some monetary value differs in prices and how it will affect their nature of business.

Bitcoin creates a new and effective network category as a result. Bitcoin will continue to be different because unlike the centralized franchise, it is the market-orientation that bitcoin will aim for.

it depends on the current market value of each exchanges, it varies depending on the value of their own platforms, the value of their supplies over their demands, just like an ordinary store, if there are many costumers on that specific store than any store beside them, they can increase their price, because the demand is high, some exchanges has garnered a higher trust ratings therefore more traders are into them, and some has limited patrons, so they will lower their price to gain more traders.

This is due to the fact that market traders do not have same BTC valuation and most of them are trading in different exchanges.

Supply and demand. Some local country-based exchanges that are not accessible to the public and thus are less influenced by global buying or selling pressures. If you're thinking it, yes, in these cases, locals can actually do arbitrage and profit from the value differences. However, because when such happens, the values differences usually even themselves out in the end. Consider yourself lucky if you were able to do arbitrage before the gap closed.

these differences are minor, but exist due to the difference in liquidity and size of the clients of these exchanges

The arbitrage are highly risky because the prices will change before we withdraw our funds from exchanges so we will lose money in form of network fee and transaction fees.But I noticed that the LBC offers better price always so if you have high capital then you can buy on coinbase and sell it on LBC.

There has to be a difference between exchanges and current block chain market chart because exchanges has also different investors that could produced the different views of prices because the demand declared bu each exchanges.

Today is a clear decrease. The value of this value is high for $ 2,000 in 2017. But today its value is lower. This is a normal situation. Because this happens with time. This happens with the behavior of the market. Today, the bitcoin is down. Therefore, investors have long been waiting. However you should not be afraid. bitcoin value A distinct change in value over the next year can be seen.

Every country has its own plans. And depending on the characteristics of each market. The community is eager to welcome the electronic community. Maybe they are busy generating more income to make money. Should gradually step to gradually recover the market.

Obviously it is because of different supply and demand and different exchange trading volumes, so which exchange would be more demanded among Traders, would have the bigger price.

Definitely btc prices have differences between exchanges due to demand and supply.And its based on the exchanges of every country who used bitcoin,the market goes up when it has a good supply and demand.

The btc value was slower than time. In any market, its value will go down with time. There is a clear decrease in BTC values. Any coin will determine its value. By the year 2018, the BTC has a value of $ 6400. It may be more space in the coming years. Investors should confront these changes in btc. They need to wait for the BTC to increase. Then you'll get a great deal of profit. A successful investor is if you work patiently. Therefore, the BTC must face this change

Yup now a day every country is using bitcoin, they are using it as saving some are using as investment and a lot of countries are now using bitcoin as currency because they are allowing their people to buy goods using bitcoin, price and demand of bitcoin is increasing now day by day, almost everyone is passing good life with bitcoin so I think gradually demand and value of bitcoin is improving now.

I think the problem is that each exchange has its own bots and its own audience of investors and users. In addition, large players who have large amounts of money are trading on these differences.

Supply and demand, that’s all you have to know about it. They influence everything in crypto world. Different banks always have different prices for currencies, so do BTC exchanges.

The price is based on demand. If, for example, India had a high demand for bitcoins, you will see a 10-15% higher price compared to the international price on other exchanges. This is absolutely normal, if you manage to register there and somehow sell your coins, then you could do it with a benefit for you.

It's all about the volume if I'm correct. The supply and demand in each exchange is slightly if not largely different. So more demand obviously means higher price and vice versa. They are not that significant though.

The logic is right, you always need to wait for the price to pump before selling your coins but if you are a new trader then your knowledge is not good enough and you might sell your coins at its lowest price due to panicking.

I have known a person whos making profit from this strategy before,but today it wasn't available since this two countries closed their exchanges already and no one can register again,bad for me because the moment I supposed to enter is that same time closure happens

Yes all coins will dependsnon the volume. And it is a game by supply and demand, if you know the concept of that then you will understand how it works, more supply means less deman, and if less supply more demands. They are inveresly proportional to each other.

The average of all exchanges has different prices, it's all because prices are based on supply and demand.
And also bitcoin has an unstable price always going up and down, it also affects the price difference in each exchange.

it's clear because the market demand is different, but I see the price is only slightly different.

in some stock markets the value of crypto money can be higher or lower. this depends on the volume traded in the money market and the demend which is that market.

the answer is certainly because of the different requests in each exchange market.
I think you can make a little profit with this gap.

I think the problem is that there are big players in the market and they have their own money interests. For a few hours until the difference in coin is essential, they can make a million and then the difference down to the minimum.

Let's take Binance for example, on that exchange the price Should Be Higher because that demand on it is higher. This is simple lot in the world economy which is present here as well.

A distinct change can be seen. Today, the BTC is clearly lower. At present, the BTC is worth around $ 7,000. It is a drop in the year. This is a change in time with the market. This change is time to repeat the BTC value again. BTC is a very valuable coin. Investors are also investing heavily here. Do not stop the investment. The BTC will arrive at a very high value in the future.

Didn't think this problem could be resolved because bitcoin is not owned by organizations or countries so it will always depend on market's demand and that's why the volatility will always remains there even it have enough liquidity compared to another currencies, bitcoin will be always like this.

It is a good idea for everyone but sometimes it is depassing countries' privacy if you oblige them to use this global coin. BTC will arrive at a very high value in the future.

I think some minor differences in BTC prices may remain only because of normal trading activity and the cost / complexity of moving the currency between exchanges to take advantage of arbitrage opportunities.
This may be due to differences in demand for BTC between various countries and regions, depending on the population of traders who use each particular exchange. The difference in BTC values ​​should not be too large, or exist for a long time because in the end people will see the opportunity for arbitration to develop and use it, after that the difference in price between exchanges must decrease.

If the demand is high, the price will automatically increase, and yes it's a great chance to make a profit by trading. This is how day traders make a profit, but if you are new at this, you should be careful, you should understand the key to make successful profits from this type of trade between different exchanges.

The difference in different exchanges is not so significant to be able to do arbitrage trading.

I do wonder why a change in bitcoin prices and also think of the time market will revive. This has been my worry for some time now since I have invested all my money into the coin.

Well, the changes you are referring to is totally different from the changes you are mentioning here. For what it is worth, the changes you are referring to should not be a problem for anyone who understands the market and the future it brings. A lot of people concentrate so much on profit that they forget the reason why they are here in the first place. It is far more than just profit, but the future and the great value it brings.

That being said, with respect to the OP, what he is saying is normal in any market and that is why there will always be arbitrage opportunities from platform to platform in any market.

Yups,i have read some thread that tackled about this strategy ,being registered in many exchangers local and international,then when they buy coins in one exchange and sell to another that has much value i just come to forget what they called this strategy

It's called arbitrage, if price on exchange A plus transaction cost and other various fees is lower than the price and fee on exchange B then you just buy on exchange A, send it to B and sell there.

Can be very tricky if you forget about the transaction, order, withdrawal and other various fees, also prices change all the time. It's possible there is a net profit of $50 for you if you buy and sell now but until it arrives on the other exchange the price may already be different.

Same thing as to why different money exchanging entities such as banks have different exchange rates. Simply because they have to profit from your transactions only for a bit not to be detered and be captured by other exchanges. It's a capitalistic way of viewing this particular scenario.

There are a lot of phenomenons affecting the different prices for the markets which includes the demand and supply markets for each exchanges along with the volume and rest all other such factors. 

Well, i guess alot of the people here have already answered the question but I'll still give my two cents about it. I think that the exchanges differ from country to country that you are trying to access the coin from because the supply and demand for each country is different. Also, different exchanges have different values because mainly on profit.

The reason to all of this was bitcoin price value always depend in the demand, once the it become high price will move accordingly in the market as well, depending on the average of the demand then every exchange you will see they had their own difference volume depending on the count of their clients investors who bought to their platform, that's why bitcoin was volatile and because of the arbitrage also traders in the market had a chance to take profit in the near future.

It can't be as I believe these days, there are arbitrage bots and there are those who are trying to take advantage of that arbitrage every single minute to make it worthwhile for them. As a result of this, it is usually first come first serve. Nevertheless, the market is maturing gradually and most especially for the high volume markets.

For btc, the difference is not even something that would be worth it, considering the time it would take for you to complete a single transaction, with the level at which price could change within that period. For some alts though, this could still be possible

Exactly, I have been thinking about the same issue. Most of the times, the variations in the price of bitcoin is really wide and is really overwhelming. I believe sometimes the reasons goes beyond the demand and supply, some exchanges always have their price to be low whiles in other instances the situation is vice versa in some exchanges.

YES， you can actually see it all in one platform call bitsgap and do buy and selling. The platform also allows you to gain profit from tge difference of prices. You should try it while free, they will apply subscription fee next year so better take opportunity of it. But after trading be sure not keep it in an exhange or closed source Waller, its still best to keep it in opensource like electrum or HodLer wallet if yiu have multiple assets.

Just like everyone said , the main reason why every other exchange set their own rates is because for the profit. Not only for the profit but it does also depend on the service , let say a high end online exchange will charge a little bit expensive because they set a high fees so that they can send and recieve your coins more faster when compared to regular online exchanges .

I think it is more on the processing fee exchanges have on top of the crypto currency price. Of course these exchanges needs to profit and this is the way they do it. Of course tou would want to do your transactions on exchanges that are actually secured and instantaneous so in this way, the price of the exchange itself is not the only variable.

of course every exchange has a different calculation, and with different targets. so the set rate will be different. i think we as traders actually have many choices that are in accordance with our desire to use an exchange

but the price difference is not too far between exchanges,
if arbitration is carried out we must think of the amount of withdrawal fees on the Exchange.

The cryptoworld is full of coins that are highly volatile, you can easily buy and sell cryptocurrencies whenever you want to, so I think, that is one of the main reasons why cryptocurrencies are just so volatile. Another is those whales who are trying to control the price in the market, and that makes the value of the coins so volatile as well.

There is no official exchanges site for bitcoin, it doesn't mean that this is a bad things, it's also applies for all cryptocurrency except USDT, I usually can take advantage from this situation, I always choose exchanges site which has low bitcoin price to buy btc and choose other exchanges site which has high btc price to sell my bitcoin.

I think there is no such different values of bitcoin. It is one but yes, the exchanges are always showing it different. Some include their profits and they often manipulate to capture big audience.

But among all, bitcoin has its own place. No one can reach its level. It has become the most used coin in cryptocurrency world. Some other altcoins like eth and LTC made good history too.

many use arbitrage systems like you. indeed it is legitimate, but it must be observant also because of price fluctuations that are rapidly changing. therefore use the best opportunity possible occure

Different prices come down to several factors:
1. liquidity. Bitcoin trading can be huge on larger exchanges and much lower on smaller exchanges. These differences in supply affect the price.
2. The movement of money through exchanges can be erratic and inefficient and requires a large amount of collateral to work effectively. This means that it is difficult for traders to trade, given all the differences between the exchanges, which makes it possible to keep these price differences longer than on a more efficient market.
3. There is no generally accepted way to set prices for Bitcoin, which means that no one knows how much it is “presumably” worth. Its price is based solely on trade.

It depends on the buying and selling needs of investors. If you have just heard a good news that has not been released, you probably would have bought a lot of bitcoins in any trading platform. then its price will rise and it will make the price becomes vary between exchanges.

It is sometimes the case that people have only access to exchanges in their own country.
If people in that area decide to buy more bitcoins (maybe because of some economic crisis), the price in that region increases because most people have no other option than to buy at that high price.
People who can buy wherever they want are not affected because they can choose the lowest price!

That’s a good advantage, because as far as I know i (http://renovasi-rumah.net)t's a selling strategy for daily traders to take advantage of high demand for profits in a short time due to high demand in the local country. But now it has been closed, to register for a local trade in a country with high demand is a little more difficult.

Differences like that emerge in any market, if you go to a store you will see some products at a certain price and if you visit another store you will see the same products with slightly different prices, this happens in every country regardless of the market and this happens with cryptocurrencies as well, do not worry too much about it, the differences most of the time are minimal and are not a problem to anyone.

You can think of each exchange like a miniature economy within the economy so the prices are about the same but slightly vary. Another example would looking at the price of gas with Bitcoin representing gas and gas stations representing exchanges. Based on location gas will cost you more or less as the demand increases or decreases for it.

crypto trading occurs on the internet and the culprit is all users throughout the world and it happens at one time, where they have different requests and offers so that prices fluctuate quickly. as long as the market continues to be decentralized, prices will continue to be created by market mechanisms

The gas prices changes based on demand but difference in gas price between two fuel station is due to the city and highway limit and also the transportation cost

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Bitcoin price change from exchanges are based on the demand and supply changes in each exchanges we can see the all over price changes by using CMC market tab.