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Announcements (Altcoins)
Re: [ANN] RIALTO.AI Cryptocurrency Arbitrage and Market Maker ★ OFFICIAL THREAD ★
by
Skatter
on
14/08/2017, 08:23:41 UTC
Quote from: azmojo on August 13, 2017, 10:40:42 PM
Quote from: CrpToE on August 13, 2017, 06:18:47 PM
Hi apologies if this has been covered before - but why is there is a price discrepancy on Rialto price when there is only 1 exchange?
Price on cmc is 47.8c
https://coinmarketcap.com/assets/rialto/#markets
Price on ethplorer.io is 30c
https://ethplorer.io/address/0xb24754be79281553dc1adc160ddf5cd9b74361a4
As far as im aware you can only trade Rialto on etherdelta - so why the price discrepancy?
Thanks
Because CMC doens't use the last exchange price, it uses a volume weighted price average. It takes a while to catch up.
Thanks. Very nice bit of information to know