Bitcoin Forum
June 21, 2024, 06:50:24 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Coin Prices  (Read 111 times)
Eraldo Coil (OP)
Member
**
Offline Offline

Activity: 448
Merit: 10


View Profile
June 10, 2018, 06:40:45 AM
 #1

We know that these things could affect a coin's value. Things such our project development and the team itself are just examples of it. Neither should fail in promoting the project or else it is going to fail. Now, from my observations, the coins' prices also differ depending on the exchange site where it is listed. For example is SocialMedia.Market. The question is why? Why are the prices in different exchanges are sometimes significantly different?

almanPeter
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
June 16, 2018, 03:00:34 PM
 #2

If you are interested in Token Sale I would like to make a comment on the new project - Socratus. This is a really promising project and you can definitely invest money in it. This is a project aimed at creating a digital platform that gives consumers honest and instant payments in any insurance cases.Looks like we have a good opportunity on our hands to invest money worthily and safely.
ZandC
Newbie
*
Offline Offline

Activity: 67
Merit: 0


View Profile
June 16, 2018, 03:09:30 PM
 #3

the number of coins, the number of traders, and fees charged for each exchange are different also where the exchange market is located.
Ayuluv2001
Jr. Member
*
Offline Offline

Activity: 196
Merit: 1


View Profile
June 16, 2018, 03:11:47 PM
 #4

If there is a huge difference and you can withdraw out from the cheap exchange, basically you can do trading as well Smiley

But it is not really easy to find this type of pair trades as most of the case, once you sell the cheap coins at the other exchange, cashing out is always an issue at times
Yudhisthir
Full Member
***
Offline Offline

Activity: 1055
Merit: 103



View Profile
June 16, 2018, 03:23:19 PM
 #5

The price generally may have a difference of upto 1-2%. The price shown is the price of the last transaction which in return depends on the sell wall, order wall and the volume.
The large difference comes as a result of suspended deposit or withdrawal for the particular coin in the specific exchange.

Lampaster
Sr. Member
****
Offline Offline

Activity: 406
Merit: 255


View Profile
June 16, 2018, 03:28:03 PM
 #6

There are a lot of reasons. For example, many exchanges do not support exchange for Fiat. This allows you to earn cryptocurrency but in order to exchange it for Fiat you need to transfer coins to another exchange. This is an additional cost, so the price is always higher on such exchanges.
jeffthebaker
Legendary
*
Offline Offline

Activity: 1526
Merit: 1034


View Profile
June 16, 2018, 03:57:55 PM
 #7

The price incongruencies is arbitrage. Especially on smaller exchanges, people who buy in or sell out with market orders can dslodge a coin from it's price across other exchanges. Arbitrage opportunities used to be much more blatant- 20% or more every day back in 2015-2016. Unfortunately now the trader is in constant competition with bots who perform arbitrage automatically. Driving the profit margins of arb down massively.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!