Variation of Prices in Price Charts

[m0Ray]

Not all cryptocurrencies have such a price difference. Usually, the most popular cryptocurrencies have a difference in price. As well as the price is affected by trading volumes on different exchanges.

[Red-Apple]

something  that i don't see anybody mention is that OP is just saying "site" not saying what type of site. if it is exchanges then it is already answered. but many newcomers don't look at exchanges for prices, they instead look at third party websites such as coinmarketcap.com and similar lists like that. and the problem with these sites is that first of all they are not updated as fast as the real market. they can be updated as slow as every 5 minutes up to every hour. and secondly they are reporting average prices not the market price that is exact on one market. so when you look at different lists and compare them with exchanges you will always see differences

[ZDPGI]

because they are looking at different markets of that specific cryptocurrency, they all vary differently.

[MonsterV]

each exchanger has a different system, and also different traders too,
so it's natural if the price is still different for each exchanger, but if it's a little different I think it's still reasonable, different things if the price difference is far away, like BTC prices vary hundreds of dollars between exchangers with each other,

Well, I think this is the right answer. And every exchange actually has its own liquidity, this also makes every exchange of prices different. But I don't think this is a problem because the price difference will not be far from the original price, the original price we see is usually taken from exchanges that have high volumes or average prices from several exchanges.

[BeginToMine]

The prices are usually different because they are obviously two.different exchanges and volume/demand/supply of that token is not the same, big traders tend to take advantage of this difference in price to.do.some Arbitrage trading.

[masulum]

A simple explanation about this situation.

If you going to the traditional market, someone sells brand A, $1. then you are going to another store, but there with the same brand, they sell $1.5. Why does it happen? Because all store has own rules. The seller has own decision to sell. Condition like this happens in the crypto market too.

[chanler]

The difference that occurs in the same coin in different exchanges due to several things. The first is the nature of crypto itself, which is decentralized, where the holder of the token in the market controls the price. Besides that, because the price of crypto is very fluctuating, it can't be controlled. Trading the daily volume of these coins in each market is also different, so this causes a difference in prices.

[radjie]

each exchange certainly has a different trading volume but the price difference from each other does not experience much difference, maybe it is because it depends on the number of requests and offers in each exchange with the number of registered members, but each exchange certainly has its own source so the price movements are not far away different from other exchange sites

[pedpedped101]

Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.

This is a direct replica of what is seen happening in offline marketplaces. There will definitely be disparity since buyers and sellers are no equally the same. Most of the times, most especially for coins that are already stable, there is usually still a little difference, let alone coins whose values or prices are not yet stable.

[sana54210]

I have heard of some cryptocurrency having different values on different exchanges too, although the margin is not that so wide for some examples that I have seen people give in this forum. I have never really paid much attention to it for me to know or spot one out because I believe that the exchange that I am using has the best and accurate information on any of the coin that is listed on their exchange platform, but I think some of the reasons why we could notice this is either volume, price manipulation, and sometime it could be arbitrage.

Sometimes it could also be sluggish response of the site in updating the new value as fast as possible. I remember there was a day I saw bitcoin enter $10300 on coinmarketcap, but my local exchange still recorded $10850, it took them almost 5 minutes to get it updated to the latest  price.

[leea-1334]

I have heard of some cryptocurrency having different values on different exchanges too, although the margin is not that so wide for some examples that I have seen people give in this forum.

Heard? You just need to go in yourself and see. For me,,, the best prices is always at P2P like localbitcoins you can never beat the prices if you are opening the trades yourself. But even as a taker you usually get better price than any exchange I see. This is the true meaning of p2p I guess, where sellers/buyers decide their own price.

[magicrypto]

Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.

I think it is because they has a different algorithms and ways to analyze the price data.. If you want a really accurate price, than go right to the exchange and look and buy/sell orders list.

[styca]

Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.

Because prices relate to buy and sell orders on that exchange, and because generally markets are quite thin which can amplify the effect. Often there is little difference, and the cost of sending your coins to another exchange can wipe out any advantage you can get. With smaller coins though, there is potential for arbitrage.

[asyakashi]

.. for arbit sales.
but this is risky because it competes with time.

This is what i used to do, a year ago. It is true that it's risky, because we're not the only one who see it as an opportunity.
The fastest is the winner.

How fast will be determined by your exchange site. some exchange sites may able to block withdrawal for a while due to the arbit reason. I have seen so many exchange sites have not allowed the users to do arbit to another exchange site.

I just heard that. I don't think there is an exchange that can prohibit certain coin deposits.
how do you know that a trader is trading arbitrage?
Unless the trader violates the rules or cheats.

[Bitcoinjheta]

It's different variation because it may vary in the number of traders in that site that is why coins listed in that site especially in well known exchange are more profitable or has chance higher price increase.

[killat]

Crypto is quite possibly the most difficult thing to predict when it comes to price. Anyone that tries to call prices out more than 5 days I have to scoff at.

Fun to guess, I suppose, but it's pure speculative bs, based on nothing. Crypto has proven it can wreck bears/bulls faster than any other market probably, with wild swings.

[asriloni]

Crypto is quite possibly the most difficult thing to predict when it comes to price. Anyone that tries to call prices out more than 5 days I have to scoff at.

Fun to guess, I suppose, but it's pure speculative bs, based on nothing. Crypto has proven it can wreck bears/bulls faster than any other market probably, with wild swings.

Not so difficult as long as the trend still depends on the major crypto like bitcoin and the movement of altcoin will be following it. it can jump even in a few minutes and back to the ground just for a few seconds later.
 but this was discussing about the variation in the price from some exchange sites. that's 100% depends on the trading volume.

[baigreen]

Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.

Because trades are constantly seen. A guy came in and decided to sell his BTC 10% lower and the price went up faster. Another sold more expensive. So on any trading platform there is nothing surprising.

[confreslamp]

Because the same coin can be listed on multiple exchanges and the value of a coin on any exchange is decided by its traders. If there is issue with LTC withdrawal that takes place already several months, the price of LTC may be low on this exchange, because you cannot transfer them.

[Icologies]

Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.

many sites bring up the price of crypto and not all can be trusted because it's the price of their own version. prices are not exactly the same, only differ not too far away. use a site that is widely used by other crypto users.