Post
Topic
Board Beginners & Help
Re: All exchanges are not created equal - Kraken & Bittrex & ?
by
Seansky
on 19/10/2017, 10:39:54 UTC
I'm a newbie, but I have noticed some discrepancies in pricing between the exchanges Kraken & Bittrex. I've notice multiple times that the high price of DOGE for the day has been higher on Bittrex than it was been on Kraken. Has anyone else noticed this with this or any other coins?
It was normal since it is running on free market. The demand for doge in bittrex and on other exchanges is different when compared. It is also possible that a whale is manipulating demand itself resulting in higher or lower highs. It also happens on other coins, people set their buy orders differently on every exchanges and vice versa. Sometimes, the difference on prices in every exchanges is huge which others use as a leeway to earn more profit on trading often called as arbitrage.