$100 price difference between exchanges ...

[Hui8]

Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...

The very first thing you should do when you see such huge difference is to go and make a margin trade and have those 100 bucks equivalent profits in your investment. This can be quickest way of making money whenever you see such price differences.

Well, coming to the point, there is always difference between the prices of coins over two different exchangers because of decentralised market. This market is giving freedom to each market to trade with different volume and user base who creates slightly different scenario for all.

Thats why the price difference.

[o_e_l_e_o]

One of the reasons Tether's market cap has fallen is that Bitfinex has  recently sent over 600 million Tethers to the Tether treasury wallet. This effectively takes the Tethers out of circulation.

Yes, but that's because more people are selling Tether than buying, by a large margin. They've had to redeem $600 million in Tether to maintain the peg to USD, which is still only sitting at $0.98 despite the marketcap continuing to fall. The issue is that I doubt they have enough assets to redeem the remaining $2 billion in outstanding Tether, but we don't know because they wouldn't submit to an external audit (I wonder why? )

I'm not certain how tether/Bitfinex accounting works. I'm not sure anyone outside their organization really does.

I'm not sure anyone inside their organization really does either. I would be staying well away from both Tether and Bitfinex right now.

[Frobeek]

you have to understand that coinbase does not use USDT but USD

Does Bitfinex trade USDT? On their website is diplayed USD ...

Yeah you are right. I also wonder how and why different exchanges show different prices of bitcoin at the same time. I think they want to catch the buyers and sellers to show some high price than the actual price. We cannot trust all the exchanges because of scams. I always use Binance and Okpay for my transactions because these two are the best exchanges in the world and more authentic than others.

[LongerBitcoin]

Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...

It happened sometimes in this ways and the arbitrage traders always take the advantage of this to make some profit from the market.  I don't think anything serious is happening somewhere that is making price behave the way it does across exchangess but with time we would see corrections.

Some anonymous exchanges show higher price but still people do not trust then at all. I myself don’t care about the price difference between the exchanges and always select best exchange for my transactions because it is a matter of money and everyone should use only reliable exchange for coin transaction. Otherwise they may be scammed by some exchanges.

[sawree6]

It’s obvious. Different exchanges have different fees and set their own prices basing on the general market tendencies. Usually, exchanges which are more focused on new traders set higher fees and even higher prices. Platforms for professionals are more loyal. You can easily check prices using BTC calculators on different exchanges (here's one from CEX: https://cex.io/bitcoin-calculator). There’s even a trading strategy of betting on different prices and getting profits from this. However, it’s hardly possible to trade in this way now – as more and more platforms move to the unified price.

[jems]

It seems that this is a natural thing, because each exchange has a different price caused by merchant activity on an exchange and the amount of trading volume on the coin. With the price difference between exchanges it can make other land to benefit from trading and what I know is arbitration. .

[supine]

It is possible since prices are driven and made by traders and not with just a single source. So, if one trading site trades with a different price, it is favorable for traders who checked it earlier. Price differs depending on the activeness of people that are trading in a site and on what price they are trading.

[bitbunnny]

I don't see why is this so strange, it's usual.thing among exchanges. Actually you don't have to trade Bitcoin for so long to notice that different exchanges have different price. Besides that is how arbitration trading is done that offers excellent options for profit if you know what are you doing and you are very well introduced with situation on multiple exchanges.

[Crystal Method]

Sure, it is possible. Already the price of each digital currency is different in each exchange. It isn't possible to have the same price in all of them, because the demand-supply determines the price and accordingly, the price is different in every exchange.
This is called ''scalping'' and is a way to make some profit. But, the prices are always variable, that's why earning is risky with scalping.

But if you use the right bot, it is possible to make really good profit on scalping!