Bitcoin Forum

According to a bitcoin News Website (https://finasko.com/category/news/) (finasko.com) bitcoin is traded at $7500 in India as compared to international prices of $6500. What is the reason

It is not possible to trade bitcoin at higher price than its present international price.
I checked the report of indian zebpay exchange, according to them, they follow real trade signals from an unknown source which is a bit higher in comare to preev rates.
They actually know what would be market, in a moment, preev also update rates which zebpay already has.

I have read about it before and the reason why sometimes both buy and sell rates in India is 5-10% higher than original price of Bitcoin is due to high demand inside their country when the price drops and Bitcoins seller like Zebpay don't want to sell it cheap. But sometimes both buy and sell rates in India is lower than the international rates but this also happens in international markets sometimes and all exchanges have different rates on Bitcoin price.
Zebpay only buy and sell inside India this is their explanation about this: https://blog.zebpay.com/why-are-indian-bitcoin-prices-higher-than-international-prices-45cf708b6b1d

In India exchanges are charging much more money than the international rates. Many of the new exchanges were launched but all are charging much charges. In some exchanges price on the homepage is different than the actual payment. But there is no other alternative.

Yes i saw it, the price is really trading almost 10% higher than the international price of bitcoin, and i think the indian exchanges like Zebpay and unocoin might know  about the upcoming demand boost inside their country and that's the reason there is huge increase in bitcoin price inside the india. This kind of situation mostly occurs in countries where the buy and sell price of particular trading products goes higher than the international market rate due to huge demand in current or upcoming market scenario and it will mostly settle down soon. Infact it's good news for indian trader's make use of it by arbitrage trading if possible .

bitcoin price like many other things is purely based on supply and demand. and when the demand for bitcoin rises like crazy without the supply changing then price rises like crazy also ;)

India for example has issue with trading overseas so their people have to stick to their local exchanges and because of increasing demand in India, the price is rising like this. and people want bitcoin and have no other choice but to buy it at this price.