In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ and in one of the other exchange coin A is 2.1$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?
The price of the coins is mainly dependent on the supply and demand factor and so you see different prices of coins on exchanges because the trading being done on a coin on different exchanges are always different and the higher the volume being traded then the higher the price of the coin on that exchange. Also some exchanges put higher prices so as to draw more users to them.
I just want to give a reason why the price of each different token does not follow based on a single price reference. one factor that supports the price difference that occurs in each token is the different total supply for each token. usually the less supply of tokens, the more expensive the token price will be, and vice versa. but I think all the token prices depend on the ability and market interest in the token, if the token is much sought after in the market I think the price will be more expensive.
