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Author Topic: Bitcoin Has A Lower Value In Binance  (Read 175 times)
mikebj22 (OP)
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July 04, 2023, 02:13:00 AM
 #1

What the Hell is going on?  The value of Bitcoin in the Binance app is $29,125 but when I Google it, its $31,323?!?!?
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July 04, 2023, 02:32:55 AM
 #2

What the Hell is going on?  The value of Bitcoin in the Binance app is $29,125 but when I Google it, its $31,323?!?!?
First of all this is not the right place to talk about price of Bitcoin. You should move this to Speculation board where the topic of discussion is about the price of Bitcoin.

Don't share such a false news like this because In last 3/4 hours Bitcoin didn't dump under than 31k level. So you should check it again and never rush into creating this kind of fake news again and don't spread rumors in this forum.
Here is the 4 hour chart of Bitcoin price:
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July 04, 2023, 02:44:16 AM
 #3

What the Hell is going on?  The value of Bitcoin in the Binance app is $29,125 but when I Google it, its $31,323?!?!?
First of all this is not the right place to talk about price of Bitcoin. You should move this to Speculation board where the topic of discussion is about the price of Bitcoin.

Don't share such a false news like this because In last 3/4 hours Bitcoin didn't dump under than 31k level. So you should check it again and never rush into creating this kind of fake news again and don't spread rumors in this forum.
Here is the 4 hour chart of Bitcoin price: https://www.talkimg.com/images/2023/07/04/SOoWm.jpeg

This is not fasle news or a rumor.  I've checked it a thousand times, bitcoin is lower in my Binance app.
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July 04, 2023, 02:46:24 AM
 #4

This is not fasle news or a rumor.  I've checked it a thousand times, bitcoin is lower in my Binance app.

Binance is an exchange with very high trading volume and liquidity. It's very unlikely that Binance would have that much of a spread difference knowing the fact. Your app is probably borked; probably reinstall it.

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mikebj22 (OP)
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July 04, 2023, 03:04:58 AM
 #5

This is not fasle news or a rumor.  I've checked it a thousand times, bitcoin is lower in my Binance app.

Binance is an exchange with very high trading volume and liquidity. It's very unlikely that Binance would have that much of a spread difference knowing the fact. Your app is probably borked; probably reinstall it.

Didn't work.  I uninstalled and reinstalled it and logged in and its still lower.  I also restarted my phone.  I also checked the value by logging in via PC and its still lower.
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July 04, 2023, 03:18:23 AM
 #6

Didn't work.  I uninstalled and reinstalled it and logged in and its still lower.  I also restarted my phone.  I also checked the value by logging in via PC and its still lower.
It's a network glitch certainly in your end. Trying removing cache/data of the app and then start again. We all can see the actual price while only you can see a wrong price. The price isn't updating on your device.
When my internet connection is slow, I also observe the same issue in my Binance app.

Edit- Can you post a screenshot?

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July 04, 2023, 03:19:23 AM
 #7

Didn't work.  I uninstalled and reinstalled it and logged in and its still lower.  I also restarted my phone.  I also checked the value by logging in via PC and its still lower.

Double check what currency you're using on the Binance app. All you need to know is that the problem is on your side, because everything's fine with everyone lol. You can even check CoinGecko's Binance price.


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mikebj22 (OP)
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July 04, 2023, 03:40:21 AM
 #8

Didn't work.  I uninstalled and reinstalled it and logged in and its still lower.  I also restarted my phone.  I also checked the value by logging in via PC and its still lower.
It's a network glitch certainly in your end. Trying removing cache/data of the app and then start again. We all can see the actual price while only you can see a wrong price. The price isn't updating on your device.
When my internet connection is slow, I also observe the same issue in my Binance app.

Edit- Can you post a screenshot?

I tried but it's giving me problems.  It won't let me copy and paste.  Can you tell me another way I can post screen shot?  Clearing cache and data also didn't work.
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July 04, 2023, 03:49:03 AM
 #9

  Can you tell me another way I can post screen shot?
Upload the image on talkimg.com and post the url here.

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mikebj22 (OP)
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July 04, 2023, 03:50:36 AM
 #10

 Can you tell me another way I can post screen shot?
Upload the image on talkimg.com and post the url here.

https://www.talkimg.com/images/2023/07/04/SOxAP.jpeg
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July 04, 2023, 04:12:05 AM
 #11

 Can you tell me another way I can post screen shot?
Upload the image on talkimg.com and post the url here.

https://www.talkimg.com/images/2023/07/04/SOxAP.jpeg

Mentioning the picture for OP.
What i think from the pic is: from which section you have took the screenshot because i an't seeing anything familiar on my exchange (Binance) and your pairs are also in USD instead of USDt. Are you newbie to use Binance or you have used it before.

Because the difference is huge and can you at least give the time stamp of the screenshot when you took it.

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July 04, 2023, 04:19:28 AM
 #12


Your "favorites" looks familiar but it's different from the version installed in my phone, version 2.66.5.

Are you sure you're using the correct app and not a fake clone based from the old version?
Can you give a link to the app that you've downloaded and tell the version that it shows in "Settings->About Us".

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mikebj22 (OP)
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July 04, 2023, 04:20:00 AM
 #13

 Can you tell me another way I can post screen shot?
Upload the image on talkimg.com and post the url here.

https://www.talkimg.com/images/2023/07/04/SOxAP.jpeg
https://talkimg.com/images/2023/07/04/SWdRD.jpeg
Mentioning the picture for OP.
What i think from the pic is: from which section you have took the screenshot because i an't seeing anything familiar on my exchange (Binance) and your pairs are also in USD instead of USDt. Are you newbie to use Binance or you have used it before.

Because the difference is huge and can you at least give the time stamp of the screenshot when you took it.

https://www.talkimg.com/images/2023/07/04/SWu1f.jpeg
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July 04, 2023, 04:28:53 AM
Last edit: July 04, 2023, 05:15:56 AM by nc50lc
 #14


So this is the issue, your app isn't "Binance" but "Binance US" which is different from each other and has separate regulations.
The sub-$31,000 price that others have shown you and the one you're seeing in the web are for Binance.

For more info, you can Google Search the term "is binance us and binance the same".
There are countless articles about it in the search results.

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mikebj22 (OP)
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July 04, 2023, 04:30:13 AM
 #15

Your "favorites" looks familiar but it's different from the version installed in my phone, version 2.66.5.

Are you sure you're using the correct app and not a fake clone based from the old version?
Can you give a link to the app that you've downloaded and tell the version that it shows in "Settings->About Us".

Version 3.2.0.  Downloaded binance.us app on Google pay store on my Galaxy y s10e.
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July 04, 2023, 04:37:53 AM
 #16

So this is the issue, your app isn't "Binance" but "Binance US" which is different from each other and has separate regulations.
The sub-$31,000 price that other have shown you and the one you're seeing in the web are for Binance.

For more info, you can use the Google Search the term "is binance us and binance the same".
There are countless articles about it in the search results.

Omg I'm so confused.  Sorry for not mentioning binance.us in the OP.  I've always been using binance.us for many years and the btc, eth, and all other prices have always been consistent.  Why are they lower now?
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July 04, 2023, 04:42:37 AM
 #17

Omg I'm so confused.  Sorry for not mentioning binance.us in the OP.  I've always been using binance.us for many years and the btc, eth, and all other prices have always been consistent.  Why are they lower now?

Regulatory hurdles. Do a quick Google search on Binance US to check their recent issues.

Check out Binance US' BTC/USDT(Tether) pair — it's far more on-par with bitcoin's accurate price.

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July 04, 2023, 04:46:11 AM
 #18

Version 3.2.0.  Downloaded binance.us app on Google pay store on my Galaxy y s10e.
Did you download the application from the website with a link there?

I hope you did not search Binance in Google Play. Phishing applications are many in Google Play so don't searching.

https://www.binance.us/ at the bottom you will get this link
https://www.binance.us/downloadApp then click on Google Play icon at Download the New App Now and get that link
https://play.google.com/store/apps/details?id=com.binance.us&pli=1

Chart on Binance US spot trade, browser version has no issue
https://www.binance.us/spot-trade/btc_usdt

Issue found, you had issue with USD pair, not USDT pair.
https://www.binance.us/spot-trade/btc_usd
I noticed it when looking at Binance US from Coinmarketcap. USDT pair is $31,124 while USD pair is $28,885. Checking at Binance US for that pair, same issue.

Weird because USDT does not de-peg from USD.
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July 04, 2023, 05:06:06 AM
 #19


So this is the issue, your app isn't "Binance" but "Binance US" which is different from each other and has separate regulations.
The sub-$31,000 price that other have shown you and the one you're seeing in the web are for Binance.

For more info, you can use the Google Search the term "is binance us and binance the same".
There are countless articles about it in the search results.

Omg I'm so confused.  Sorry for not mentioning binance.us in the OP.  I've always been using binance.us for many years and the btc, eth, and all other prices have always been consistent.  Why are they lower now?
The BTC/USD on Binance seems always lower than the global market or atleast in the last 1 Month time frame and FYI the price of a cryptocurrency on an exchange depends on the demand and supply for the particular pair on that particular exchange so never expect to see the same exact price on every exchange.

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July 04, 2023, 07:24:47 AM
 #20

What the Hell is going on?  The value of Bitcoin in the Binance app is $29,125 but when I Google it, its $31,323?!?!?
Its just that the app is not updated or the Google might be delay? Which one could be more accurate to see, but if in Google its says 31k then probably a glitch on binance app. Before I can see that too, cause the app is lagging or having some sort of error. Anyway it could not be so far from the difference.

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