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1  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: why some shitcoins has different price on diferent exchanges? on: October 14, 2019, 01:47:39 PM
Quote from: Bagaji on October 14, 2019, 01:40:17 PM
Quote from: jackyfineey on October 14, 2019, 10:16:35 AM
for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:



is there a scam behind the scenes?


Is not only what you called shitcoins that has different prices on a different exchange but almost all the coins has a little different in terms of value even Bitcoin itself let alone what you called shitcoins. I don't know if you are familiar with arbitral trading? If your answer is yes then you shouldn't have as this question but if your answer is no then I will say it is a normal situation which can benefit you if you are a trader.

Quote from: Rodeo02 on October 14, 2019, 01:12:44 PM
Quote from: jackyfineey on October 14, 2019, 11:20:46 AM


But in my example I can see enough buyers...but you are right, I didn't consider trade fees and withdrawal fees.
You can do arbitrage when you see big difference in price in every exchange but you need large amount token to buy to earn enough . Check also buy orders on different exchange if there are a large buy orders in other exchange then you are good to go.
Also check if the wallet is online or offline .
If the wallet is offline you cant sell or transfer  there.

well, I'm a novice trader and I'm afraid this be a scam, therefore I don't think doing that.
2  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: why some shitcoins has different price on diferent exchanges? on: October 14, 2019, 11:20:46 AM
Quote from: TGD on October 14, 2019, 11:02:30 AM
Quote from: jackyfineey on October 14, 2019, 10:44:50 AM
Quote from: TGD on October 14, 2019, 10:22:13 AM
Quote from: jackyfineey on October 14, 2019, 10:16:35 AM
for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:



is there a scam behind the scenes?



It's not a scam. It's the result of the difference on the trading activity of both exchange. You will notice that there is a big difference on the volume of token that being trade on both exchange. Considering that both exchange don't do wash trading.
Then it means that other user set Buy/Sell order higher/lower compared to the other one which result to the variance on the price. This happened a lot on the token/coin that has low trading volume and listed to a DEX or Exchange that don't do wash trading.
Quote from: jackyfineey on October 14, 2019, 10:16:35 AM
for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:



is there a scam behind the scenes?



Thanks guys, but I wonder way buyers don't buy at lower price when they see lower price on other exchanges?

Because of liquidity. As you can see. If a guy bought cheaper on exchange A and sell to exchange B. Then you will notice that there is no buy order that can complete his order, only sell order is higher.
You must consider the withdrawal fee too on exchange. Sometimes the withdrawal is higher compare to the difference in price considering the volume of the token that you will trade.

But in my example I can see enough buyers...but you are right, I didn't consider trade fees and withdrawal fees.
3  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: why some shitcoins has different price on diferent exchanges? on: October 14, 2019, 10:44:50 AM
Quote from: TGD on October 14, 2019, 10:22:13 AM
Quote from: jackyfineey on October 14, 2019, 10:16:35 AM
for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:



is there a scam behind the scenes?



It's not a scam. It's the result of the difference on the trading activity of both exchange. You will notice that there is a big difference on the volume of token that being trade on both exchange. Considering that both exchange don't do wash trading.
Then it means that other user set Buy/Sell order higher/lower compared to the other one which result to the variance on the price. This happened a lot on the token/coin that has low trading volume and listed to a DEX or Exchange that don't do wash trading.
Quote from: jackyfineey on October 14, 2019, 10:16:35 AM
for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:



is there a scam behind the scenes?



Thanks guys, but I wonder way buyers don't buy at lower price when they see lower price on other exchanges?
4  Alternate cryptocurrencies / Service Discussion (Altcoins) / why some shitcoins has different price on diferent exchanges? on: October 14, 2019, 10:16:35 AM
for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:



is there a scam behind the scenes?

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