Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] VIBEHub | Crypto Based Virtual Reality Marketplaces & Hubs
by
Rigorous
on 28/09/2017, 11:06:49 UTC
I'm considering buying VIBE on etherdelta, but what I don't understand is the wildly different price of each purchase. Also, why do some people buy at a higher price than the lowest sell order. This doesn't make sense at all.

There is no price matching on EtherDelta.

Let's say the order book looks like this:

9000 @ 0.10
4000 @ 0.09 
1000 @ 0.08

You want to buy 5000. On most exchanges you can click on the 0.09 and it will get you the 1000 @ 0.08 and the 4000 @ 0.09. On EtherDelta you'd only get the 4000 @ 0.09, leaving the 1000 @ 0.08 in the order book. That's what I think happens.