why some shitcoins has different price on diferent exchanges?

[yangongear]

Because of trading volume from that coin/token. If they have low liquidity, the buy wall will very thin and an small order can dump their price, and trading activities is low on the exchanges is another reason, which make the price different.

[teosanru]

It's basically because of different volumes that both the exchanges get different volumes and different types of trading activity which is why there is a major difference in trading prices. Moreover, shitcoins generally experience such a thing because they have almost negligible volumes over various exchanges. Some group of traders collectively push the price on one exchange thus creating massive price differences on that exchange from the other exchanges. This can happen with almost any coin, even BTC. You can see price on certain exchanges is higher than the others but price deviations are lesser because of high market cap.

[TrevorS]

Because of trading volume from that coin/token. If they have low liquidity, the buy wall will very thin and an small order can dump their price, and trading activities is low on the exchanges is another reason, which make the price different.

All right. Low capitalization - low liquidity. If you look carefully, you can often see that there are no buy orders for this kind of non-liquid coin, or there are few of them, and buy and sell orders differ very much.
When such a coin is on several exchanges, then due to its non-liquidity, the price can be very different. Volumes of such coins are often supported by bots.

[sujonali1819]

for example look at BRZE/BTC on Vindax and SistemKoin
snip~~
is there a scam behind the scenes?

It happens so often. This is mainly because of the site volume, lack of trader, and people don't like these coins more. But do you know it has an advantage? That is arbitrage trading. You can buy the coins at lower prices and sell them for higher prices when you see such price discrepancies on different exchanges. But there are some precautions should be taken. Before you trade you need to know everything about the site you want to trade, such as whether KYC will be required, how long it takes to withdraw, whether the exchange supports your country.

[el kaka22]

Sistemkoin is literally a scam, people do not realize this but last I asked you need to pay them just 8 bitcoins and they will list your coin, we are talking about just 8 bitcoins, nothing more nothing less, it could have absolutely zero volume for a while as well, just to notify your investors that you are finally listed and they could use that place, it is basically a front for fake scam ICO's to get paid hundreds of bitcoin by the community and then use 8 bitcoin to list it there to make it look like they are actually doing something, then they just vanish and sistemkoin is the only place you can see how worthless the coins you traded became. Long story short the prices are different because almost all of those scam coins are worthless anyway, if they worth anything people would have arbitraged it already.

[ableh]

Because of trading volume from that coin/token. If they have low liquidity, the buy wall will very thin and an small order can dump their price, and trading activities is low on the exchanges is another reason, which make the price different.

The point is no one is interested in trading the token, and only bots do the trading. Although it is very fast to get profit "because the spread between buy and sell orders is quite far" but my advice is avoid to trading this type of token, because it is very risky to be stuck at high prices

[harizen]

well, I'm a novice trader and I'm afraid this be a scam, therefore I don't think doing that.

Good that somehow you got the picture of some of the responses here and you got enlightened about arbitrage.

If you are a novice trader, I suggest refraining testing the waters on low volume coins and low volume exchanges until such time that you gained knowledge playing with those. This is to somehow minimize the risks of being sh*t on your first phase of doing trades. Stick with some of the top coins today (per volume) on top exchanges (at least).

[Mahanton]

for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:



is there a scam behind the scenes?

These situations cant really be a called to be a scam one but rather its an arbitrage opportunity for those who do able to spot it out.Exchange prices arent really the same which means they do differ but most of the time only on small gaps thats why when you do see some big gaps on prices then thats the time you do took some advantage on buying and selling between them for you to make money.

Arbitrage opportunities are quite rare so if you do have the chance or able to spot some then better to hurry and trade it.No these arent scams because there are really situations that can trigger out these price differences on any exchangers.

[Theb]

I don't know Breezecoin (BRZE) personally but I'm gonna take your word for it that it's a shitcoin and price differences like this would most likely be a cause of pump and dump groups concentrating on one exchange. I've joined some telegram pump and dump channels just to see how this works and most of them are doing the pump in just one exchange, the price influence would be more effective if they concentrated all their money on a single exchange rather then doing the pump on several exchange. At least in this method they can have a big influence on one exchange, that is why you will see that the other exchange where the prices are higher have more traded volume compared to the other exchange where it has a lower price.

[adroitful_one]

It's mainly because of the amount of users from exchange to exchange. If one exchange is more popular and has more people using it, it will have people buying the coin more than the one that doesn't. It doesn't necessarily mean that something shady is going on. However, it could also be a sign of a pump and dump as well. If some group decides that they are going to pump up some random coin no on has ever heard of and 100 people buy it, the price will go up and they will try to sell their coins at that price. If you can get the trade in quick enough, you should buy them from the lower priced exchange and sell them at the higher priced one. It's called Arbitrage and you can do pretty well on it. Just be careful it's not in the middle of some huge pump and dump and you get stuck at the top when the price dumps.

[princerepon]

for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:

[-image snip-]

is there a scam behind the scenes?

It's not tell anything about scam actually. It's a totally normal thing in crypto exchange. Even some times bitcoin also shows different price in different exchanges. Actually it's depend on exchange user activity. But sometimes people use this kinda thing as vent also. So i my guess nothing to worry about it.

[samcrypto]

Yes every exchanges is always have different prices, because that is depend on how many people trade there and volume.
If like new coin with low volume, there is will have a big gap with seller and buyer.
That is can be opportunity to arbitrage, but you must calculate detail how much fee, time and price you target.
If wrong, not only lose your money but also your time.

That’s right, it can be a good strategies but it can also be an expensive way of trading. Different exchange, different volumes and different price. As far as I know, the highest price will be the basis of the value of the coin so I think you should choose the exchange with a highest volume to get a higher profit.

[nydiacaskey01]

for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:



is there a scam behind the scenes?

It's not a scam. It's the result of the difference on the trading activity of both exchange. You will notice that there is a big difference on the volume of token that being trade on both exchange. Considering that both exchange don't do wash trading.
Then it means that other user set Buy/Sell order higher/lower compared to the other one which result to the variance on the price. This happened a lot on the token/coin that has low trading volume and listed to a DEX or Exchange that don't do wash trading.

for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:



is there a scam behind the scenes?

Thanks guys, but I wonder way buyers don't buy at lower price when they see lower price on other exchanges?

Even if they buy it from an exchange that has a slightly lower price, sending the coin to another wallet will cost you and if you add it up, its like buying the same coin from the same exchange site that has a slightly higher price than compared to the one with a slightly low price. Its the volume that causes this small difference in price.

[Shasha80]

Each exchange has a different trading activity and each exchange has a different volume. That is the reason why some shitcoins have different prices on each exchange, not just shitcoin Other altcoins also have different prices at each exchange. Even Bitcoin is the same at every price exchange it's different even though it's a little different. For example the price of bitcoin at $ 8350 binance while at bittrex $ 8300. Difference Such a price does not mean a scam, but depends on trading activities and volume in each exchange.

[shoreno]

Price between exchanges is only depends on their buy and sell activity right.

exactly  .

But if there are a lot of different, maybe people will do arbitrage.

like what others said . price of the coins on every exchange do always differ , this is why traders are doing arbitrage trading no matter how  big or small the price was but as long as they know what they are doing they can always earn a profit  . they will just buy a coin on the exchange that has a low trading volume and then they will sell it at an exchange that has a high volume to be able to earn   .

But if price keep constant, like it is not moving or maybe equal again, usually 1 of the exchanges maybe have problem with deposit.

if the price does not move it does not mean that there a problem on the exchange .  we can only say that no people are trading at the moment  .

[michellee]

I think that depends on how many traders that trade those coins and how much money they use to buy and sell the coin. It is normal to see the different price on different exchanges. If you check on the big exchanges and compare between two or three exchanges, you will also see that there is a different price too. If you don't want to feel scam or get scam, you must not trade on that exchange because many other exchanges which will not be a scam exchange.

If you can see a different big gap of the price, you can try to arbitrage trading

But I won't suggest if you don't have enough skills to trade. Besides that, you should think and calculate how long the coin will be arriving in the other exchanges so you can sell the coin at the right time.

[BigBoy89]

for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:



is there a scam behind the scenes?

There is no scam in the ordinary way.
It's not uncommon to have 1%-5% on low volume/low popular coins.

But in this particular case, to have such a real difference, one or both of the exchanges either forbid deposits or withdraws. You can't speak of a wash trades when you actual buying orders at a higher price than the actual sell orders in the second exchange.
Register for both exchanges and check can you really deposit AND withdraw on both. Or by accident, some of the wallets are in Temporary Maintenance...

[Zionatin]

It is probably because the coin is running on a different blockchain since it forked. It happened to me and If I had my coins in the other excahnge I would have over 5btc worth. At least I still had some left in the othet exchange and made some decent profit. So it is the fork that caused the coin to be on another blockchain. Sometimes they will stop deposit as well.

If you try to buy from one exchange and sell to the other you will see you cannot since they on different blockchains.

[jostorres]

for example look at BRZE/BTC on Vindax and SistemKoin orderbooks:
[im g]https://imgur.com/a/wodZiLl[/img]
[im g]https://imgur.com/H9rODsI[/img]

is there a scam behind the scenes?

I think that should just be arbitration problem and it usually happens to some coins alone which I don't know if the cause of the arbitration is because of the different location of each exchanges, so except this to always happen not with these coins alone, but with some of the coins that you I'll still come across in the near future but if you call them shitcoins, I don't know why you still have to be on them to the extent of following them to different exchanges.

You have to get over them and look for more important projects that you can focus all you mind and analyses on, and while even seeing this arbitration of these coins has challenge, there are actually some traders that are very good in making money still from these opportunity of having different prices across the exchanges, well that is not the discussion for now, just know that the price difference is a normal thing.

[suzanne5223]

is there a scam behind the scenes?

I can't see anything to direct scam. Price on all exchange won't same. It would be bit different from each other based on buyer and seller demand. But once you will found huge different between two exchange on same coin then it most likely created hyip about that coin. And it would manipulate by exchange as well. So there is high risk of loss if you buy on high rate. Because it will dump suddenly when people will start deposite from other exchange. So this is one kind of soft scam since everyone know about that risk.

Firstly, the project in subject is not scam and it a US based project which i believe will follow SEC rules, its also backed with real assets (real estate) as the OP question is concern. But crypto scam project operate in varieties of form not only through exit the market. An example is Jinbi which didn't pay their bounty participants.