Why is the price rise on Coinbase pro different to Binance

[Danslip]

The main issue is all about liquidity, so there is a requirement for all crypto exchanges to solve this at the first place. GBP  pairs are the volatile exotic spot forex pairs which can move more than %8 in a day. Imagine merging the volatile crypto pairs with it and the liquidity will be at the lower levels along with the huge spread.  For example, GBP/JPY pair is the most volatile forex pair and that is why many traders avoid to risk more than 1% in single trade with exotic pairs. The similar situation is case for volatile GBP/altcoin pairs.

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[Quidat]

The main issue is all about liquidity, so there is a requirement for all crypto exchanges to solve this at the first place. GBP  pairs are the volatile exotic spot forex pairs which can move more than %8 in a day. Imagine merging the volatile crypto pairs with it and the liquidity will be at the lower levels along with the huge spread.  For example, GBP/JPY pair is the most volatile forex pair and that is why many traders avoid to risk more than 1% in single trade with exotic pairs. The similar situation is case for volatile GBP/altcoin pairs.

Do GBP currency will really have that kind of percentage volatility in a day? 8%? For fiat movement then im not really believing this much since fiat wont really he moving on a very large scale in 24 hours.
Also im not really that convinced on comparing fiat/fiat to fiat/crypto pairs because it is entirely different.In topic reply then price rise differences will really depend on liquidity on each platform
where it do involved volume and activity inside the platform.So you would definitely see different percentages but on a very minimal gaps.

[Danslip]

The main issue is all about liquidity, so there is a requirement for all crypto exchanges to solve this at the first place. GBP  pairs are the volatile exotic spot forex pairs which can move more than %8 in a day. Imagine merging the volatile crypto pairs with it and the liquidity will be at the lower levels along with the huge spread.  For example, GBP/JPY pair is the most volatile forex pair and that is why many traders avoid to risk more than 1% in single trade with exotic pairs. The similar situation is case for volatile GBP/altcoin pairs.

Do GBP currency will really have that kind of percentage volatility in a day? 8%? For fiat movement then im not really believing this much since fiat wont really he moving on a very large scale in 24 hours.
Also im not really that convinced on comparing fiat/fiat to fiat/crypto pairs because it is entirely different.In topic reply then price rise differences will really depend on liquidity on each platform
where it do involved volume and activity inside the platform.So you would definitely see different percentages but on a very minimal gaps.

In spot forex, it is unlikely to happen because the both currencies represent the strength of the country's economy. Around 150-200 pips daily movement is standard for GBP/JPY and with adding illiquid market conditions this percentage movement can jump to daily 8-10%. Depending on the platform,broker the difference can be bigger than the mentioned expectations. If the theme is about the difference then we need to look the all variations which affect the bid/sell spreads.

[rexxarofmoknathal]

Why is the same coin in the same currency showing 2 different price rise ?

I'm afraid what you are asking is a fundamental question about both crypto and exchanges. For a good read on getting you up to speed with the basics I recommend this article.

However, to answer your question directly; the price of coins differ between different exchange platforms because the price is influenced firstly by the volume allocated to that exchange and secondly the demand/supply of the buyers/sellers. In other words, prices are determined by the movement of the people.

[Quidat]

The main issue is all about liquidity, so there is a requirement for all crypto exchanges to solve this at the first place. GBP  pairs are the volatile exotic spot forex pairs which can move more than %8 in a day. Imagine merging the volatile crypto pairs with it and the liquidity will be at the lower levels along with the huge spread.  For example, GBP/JPY pair is the most volatile forex pair and that is why many traders avoid to risk more than 1% in single trade with exotic pairs. The similar situation is case for volatile GBP/altcoin pairs.

Do GBP currency will really have that kind of percentage volatility in a day? 8%? For fiat movement then im not really believing this much since fiat wont really he moving on a very large scale in 24 hours.
Also im not really that convinced on comparing fiat/fiat to fiat/crypto pairs because it is entirely different.In topic reply then price rise differences will really depend on liquidity on each platform
where it do involved volume and activity inside the platform.So you would definitely see different percentages but on a very minimal gaps.

In spot forex, it is unlikely to happen because the both currencies represent the strength of the country's economy. Around 150-200 pips daily movement is standard for GBP/JPY and with adding illiquid market conditions this percentage movement can jump to daily 8-10%. Depending on the platform,broker the difference can be bigger than the mentioned expectations. If the theme is about the difference then we need to look the all variations which affect the bid/sell spreads.

Im also a forex trader but i do only play with eur/usd and other major pairs thats why i havent tried this Gbp/Jpy and im bit shocked about 8-10% movement since never ever in my forex trading career or experience did
able to see a pair that move into that kind of percentage.Usually 2-3% per day would be maximum and when it comes to profitability then it will vary if you are a swing trader or a scalper.
I'd already understand and do got your point. Btw, what forex broker you've been using? I have tried on hanging out with XM for a while now.

[Shasha80]

When I first started trading cryptocurrency I also had questions like yours, and after running it for several years I started to understand.
It turns out that the difference in the coin price of each exchange is influenced by different supply and demand on each exchange. Not even
just Coinbase Pro and Binance exchanges have different prices, almost all exchanges have different prices and that is perfectly normal. Even
for some traders this difference is used to generate profit by means of arbitrage trading.