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Author Topic: why some shitcoins has different price on diferent exchanges?  (Read 277 times)
bering
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October 18, 2019, 01:08:14 PM
 #41

Difference price from exchange to exchange caused buy order or sell order for those coins are different but don't mean it scam because it depend on their market support itself but usually different price from exchange to other exchange will not too far and some of people usually utilize this price difference for arbitrange

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dark08
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October 18, 2019, 02:55:50 PM
 #42

Difference price action, volume and momentum from two exchange site that causs why the price are not the same just take a look at the buy and sell order from two exchange site look at the liquidity.
Some trader use a method of arbitrage when you buy coins in an exchange with a low price and sell to another exchange site with a high price.

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October 18, 2019, 07:05:08 PM
 #43

OP needs to understand something the coins were prices based on its demand so if you choose two different platforms then there will be difference in trading volume so demand as well according to that only you can see price.

On coinmarket cap you only see the average value or reported value from the exchange it doesn't meant it have to be same while you place order.
carlfebz2
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October 19, 2019, 01:31:16 PM
 #44

Difference price action, volume and momentum from two exchange site that causs why the price are not the same just take a look at the buy and sell order from two exchange site look at the liquidity.
Some trader use a method of arbitrage when you buy coins in an exchange with a low price and sell to another exchange site with a high price.
This is where arbitrage opportunities do happen on where the price do have big difference between exchangers but as said these situations arent that common.
All movements and prices will vary or depend on exchange demand between into its traders so we might see different prices in the other side but they arent that much of the difference.So its rare to see these kind of chances though.If you do able to arbitrage then you are lucky enough.
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October 21, 2019, 06:18:46 PM
 #45

Most probably its wash trading bot that sets the buy/sell orders and usually with a small sell or buy order you can dump the price one a exchange creating an arbitrage spread.

But beware, if you try to buy or sell on the other exchange the bot algo usually moves in an unfavour way and even if it seems there is a buy block, it will be quickly removed once you place your order.

I have experienced this behaviour many times on smaller exchanges.

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