Why does different Crypto exchange have different price allocation for Cryptocurrencies

[Upright 2688]

The thing is I've tend to realise that an exchange like yobit, the price of Bitcoin is more higher than when compared to the Bina. And this variation isn't just on this 2 exchanges. Because I just wondered, on why and how those the same Crypto coin have different prices and still exists as a single coin. Those anyone knows on why it's like that

[gkapoxm 84]

Because the demand and supply changes based on the users on the exchange and what they are doing. If a big trader buys 100 btc in one exchange, it wont directly affect the other.

[Laboni 755]

I think the reason why different cryptocurrencies have different pricing allocations for the cryptocurrency is that each exchange site is different and their investment volume is not equal and the price is even lower. In that case, there is a separate price allocation for them. No one can ever invest in a currency.

[jamesvince 2389]

If we compare prices of different exchanges then there is little differences between each exchanges. It means binance exchange and yobit exchange has not much high difference only few USD difference between these two. 

[BTC Future 3946]

Prices between may vary and this has to do with fees involved. Having lower fees usually helps price being higher. It also might have to do with the stable coin used, or other facts that drive price being more in an exchange. I've also noticed that all these years price of Bitcoin is higher in Bitfinex from Binance, and many traders are arbitraging this and profiting. The fees involved usually limit profitability and arbitrage opportunities close really soon.

[tienda 8776]

Yes of course there are many website exchange with different price allocation for Cryptocurrencies, I think this is a strategy of websites exchange, because there some exchange with high fees but in their withdraw fees are lower, and we can take as example in Yobit fees exchange are lower but Bitcoin withdraw fees is high.

[bliznec 22267]

Do not be surprised that cryptocurrencies have different values and there is no similarity in exchanges. This is called the arbitration delta that every cryptocurrency has. 

[Ali_hmwi 966]

In general the harder of creating the coin the more price that will have to make the money return to the creators that is the reason but some coins dead in a second and that make the situation for the creator bad as hell.

[Shahud 1319]

every exchange have some different price of cryptocurrency.and it just depends on the profit system of the exchange.and it may be a integral part of thr exchange that they just want to take some profit by making variations in thr price

[BitcryptoHan 2557]

They set different price for the cryptocurrencies. But the price is also controlled by the amount of people that buy and sell cryptocurrencies. It is controlled by people in the world I mean. The price difference are not much. 

[kizz 3370]

I think it depends on the exchange fee, and it also depends on the number of users who usually exchange and invest in the particular wallet. Do not expect that all the wallets are the same.

[magd 5231]

The price of each currency is proportional to the expulsion from the purchases and trading of that currency. We must not forget that the price of bitcoin also affects the prices of other currencies. There are still new currencies and their price is low because those who want these new currencies are low.

[Opinder 1310]

On 3/24/2020 at 2:00 PM, Upright said:

The thing is I've tend to realise that an exchange like yobit, the price of Bitcoin is more higher than when compared to the Bina. And this variation isn't just on this 2 exchanges. Because I just wondered, on why and how those the same Crypto coin have different prices and still exists as a single coin. Those anyone knows on why it's like that

Every exchange has different volume of coins and number of users.  Some exchanges have low volume of coins but more users so price would be high in this case as high demand of coins on exchange. Also some exchanges have more active users who do more buying and selling activities which help to have more prices of coins than other exchanges.

Edited March 31, 2020 by Opinder
Incomplete

[bentayebsalah 2280]

There will be a difference in the prices of the cryptocurrencies between the platforms due to the quantity of supply and demand presented in each platform and this matter affects the price difference.

[Raqeebzy 6456]

I don't really think so, slightly if there is. 

The reason behind that is the prices of coins changes almost every minutes, you can even try it using the same exchange. I discovered this on Yobit, when I was trading btc for ether. 

[Lover840 0]

On 3/24/2020 at 2:00 PM, Upright said:

The thing is I've tend to realise that an exchange like yobit, the price of Bitcoin is more higher than when compared to the Bina. And this variation isn't just on this 2 exchanges. Because I just wondered, on why and how those the same Crypto coin have different prices and still exists as a single coin. Those anyone knows on why it's like that

My friend that's a very intresting question because same has been popping on my first mind but then i understand it is because every exchange has different number of users. So every exchange has different number of demand and supply. 

[guatazoo 7150]

Every cryptocurrency exchange are traded on its own markets, and the price is depending on the orders opened in the exchange, that's why the price are different.

And the thing that's makes the price to be different between exchanges but they are nearly somehow, I think this is depending on the arbitrage trading. 

[Whited35 15285]

I think price allocations on the different exchange sites are determined by the active cryptocurrency traders on the different exchange sites. Some exchange sites like Binance gives you an opportunity of the leverage tradings. There can be so some sort of the factors to affect the price allocations. 

[Rezort 846]

There are several reasons for such price allocation, first of there are different fees on exchanges, secondly the amount of users on exchanges are also different.

[Hanan951 841]

Hello my friend , i k ow that they have their own support line for Bitcoin in the platform and they have also their own projects and way of trading it is just a special exchange with special features.

[malik6314193 5449]

I was also wondering about that. I seeany exchange have different price of bitcoin at the same time. Then i research about that and found that it depends upon supply and demand of that page. 

[CryptoMaxim 3829]

Prices may differ slightly But it is worth considering the volume of trading on these exchanges. Difference prices may differ from the trading volume.

[Ms.o 3322]

I noticed that also and this is what i liked most in yobit. And the reason i think for this is because it depends on the price on which the traders will sell their coin,so as long as those traders in those exchange don't sell at lower price then the price will increase,and seems like binance have more impatient trader than yobit.

[Nezar 7169]

Sigdar differs between the stock exchanges because each exchange depends on the demand and supply that you get daily, but I think that this difference is not great and I prefer the yobit platform.

[pablomarwan 3082]

Platforms in general do this thing that added value is what you earn with every customer and this is not a defect and that feature you can take advantage of if you know how but I do not advise you despite that. As I said it is a profit value for her, which means that she is considered a broker