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Title: Coinbase VS Coinmarketcap Post by: JTPhotography on December 02, 2017, 01:36:48 PM Why is the CB price always lower?
Title: Re: Coinbase VS Coinmarketcap Post by: OmegaStarScream on December 02, 2017, 02:36:17 PM Coinmarketcap takes the price from different sources and then calculate the average while Coinbase/GDAX price represents the real time rates based on the current buy and sell orders they have on the site.
Title: Re: Coinbase VS Coinmarketcap Post by: Xavofat on December 02, 2017, 02:40:37 PM The price of specific exchanges can vary quite significantly during dramatic price movements, because arbitrage can take somewhat longer in crypto markets than in most others.
There's also the fact that Coinbase has very high trading fees, and there's also the BTC and fiat fees. Coinbase's price can easily vary by as much as all these fees combined (and the effort of doing the arbitrage). Coinmarketcap is aggregated data, so it takes all major exchanges into account. Title: Re: Coinbase VS Coinmarketcap Post by: JTPhotography on December 02, 2017, 02:42:46 PM Ah I see, thanks!
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