Bitcoin Forum

I need explanation about Super Crypto Bitcoin (SBTC)

I would like to buy the crypto SBTC - Super Bitcoin
I find it in the price information trade at several prices - $ 3.81 - $ 4.80 - 11 usd crypto (but never available to buy it)
https://www.coingecko.com/fr/graphiques_cours/super-bitcoin/usd
I find it at HUOBI Pro but has - 23.33 USD (available for purchase)
my question why it has several prices on the same crypto (SBTC) but not available and only available at 23.33 USD at HUOBI, but twice the price?
I do not understand, if anyone can explain to me why a crypto has several prices?
in advance thank you very much for the explanations

When you see higher prices on other exchanges it might be an attempt to pump the prices. Checking the price of SBTC on coinmarketcap it's at $4 on coingecko it's at $8 because the price are averaged between multiple exchanges. The price on each exchange can be different because there's a lot of factors involved in trading. Exchanges have different fee when it comes to trading some have a higher withdrawal fee and the others have lower.

Also some exchanges have announced that they disabled deposits and withdrawals for SBTC. Better stay away from this coin until deposits and withdrawals are working again.

Must be some technical gliche, you should be able to buy SBTC from coingecko, do contact their support team. I bought SBTC from Yobit at 0.00118603 btc which is equivalent of 8.99 USD. Hope this helps.

SBTC also a good cryptocurrency as bitcoin and it’s has a bright future too I think but i think it should take time to increase.

When there are opportunities of making arbitrage trading then its expected that exchange would either allow or disable deposits but mostly based on our experience they do disable it. We dont know if its coincidence or just really an intent to that it would blocked out those people who can make arbitrage and taking out some nasty profits because of those price spreads. If you can able to pass through then you are in luck but if not then you should not bother at all.

Super Bitcoin came up with a view to solving the issues seen in BTC. It has some unique features such as Lightning Network, Smart contract feature and bigger blocks where it covers 8 MB per blocks where BTC covers 1 MB per blocks. These are the pros. Con have been stated in discussion.

I don't know why you can't buy SBTC from coingecko, must be some technical difficulty or you can contact their support system directly. I bought SBTC from Yobit at 0.00118604btc which is equivalent of 9 USD. As for the Huobit case, I think there are no seller who has listed SBTC less than 23.33$, which is why it is showing such absurd price.

It’s because price is often manipulated in the exchanges. Also, it might be very low in supply comparing to higher demand and so the price is high. You can try btctrade.im to buy super bitcoin as the volume there is high and the price is relatively low compared to other exchanges.

Try coincodex for buying SBTC. They have a list of exchanges who are selling SBTC at the cheapest possible price. The list has 3.94$ to 5.74$ listings of SBTC in various exchange sites. Hope it will help you.

Well super bitcoin is the improved version of bitcoins with some extensional features. The best part and speciality of this crypto is it is possible for super bitcoin to inherit traits of ethereum and bitcoin.

The reason behind super bitcoin’s advantage is how smoothly it can boost itself with the good features of bitcoin. It can support various version of bitcoin with different smart contracts which is definitely another benefit of super bitcoin.

Super bit coins able to provide such features that makes it unique. Some of it’s benefits are , it requires zero knowledge of proof, it supports smart contracts. For all these good features I think super bitcoin is very important in crypto.