The buy low, sell high is the reason I even noticed this. Bitcoin was at like 39k USD when I bought what I did, and traded for GNY when it was valued at .31 USD. GNY went up to .46 USD and Bitcoin went down to 35.6k USD compared to initial values. I was only looking at USD values when I decided to swap GNY back to Bitcoin expecting to have more Bitcoin when I started given GNY was up and BTC was down.

What I am getting from your post is that the buy and sell orders have a drastic effect on the value between coins, more effect than it's value in USD at any given time? Does the quantity being traded over a period affect this at all? I did notice that GNY seems to have a low volume of trades on Bitmart compared to the more known coins like Etherium or Litecoin

Left in the strikethrough bit to make my edit more understandable. I went back to Bitmart again and I must have done something wrong the first time. The trade from GNY to BTC made more sense given the value in USD in each. So when my sell order goes through I will end up with 0.001196526 BTC. So ended up ahead close to 0.0002 BTC. Before I would have ended up with 0.00091 and change BTC. Still don't get it, but mainly started this for shits and giggles, not to make money so alot is going to go way over my head. I'm okay with that lol.

Thanks for the very quick reply Twinkledoe.

Same with jackg, I think I answered some of your questions in the strikethrough part. Not sure what I did wrong the first time, but the second time it seems to make alot more sense. Thanks for the help.

Very new to crypto and have run into something I can't find an answer for.

Recently purchased .001 of a bitcoin, with the purpose of exchanging it for other coins. Mostly for giggles, I wasn't expecting any sort of real gains or anything, was just having a bit of fun.

Since the the coin I bought increased a fair amount and the price of bitcoin has dropped since when I originally purchased it. Thought I might as well trade the other coin back into bitcoin and then try a different coin. Went to do this however and the end result would have been lower than the original bitcoin amount I had, which did not make much sense. The exchange I ended up using(Bitmart) had a 0.25% free on transactions, but this is more like 30+%.

For instance, I currently have 905 GYN coin. Using Bitmart's current values as of writing this post buying 905 GNY with Bitcoin would cost 0.012701675 BTC, but trading the 905 GNY I currently have into Bitcoin would result in 0.0096292 Bitcoin.

As I said I am very new to crypto so can someone explain to my why there is such a difference in the buy/sell values between two coins at the same point in time? I mean I can understand losing that 0.25%, but if coin A is worth 10 of coin B why is coin B worth less than .1 of coin A?

Cheers for any help.