Post
Topic
Board Speculation
Re: Why Bitcoin is Traded at $7500 in India as compared to real Price of $7500
by
Nisharawal
on 01/11/2017, 11:52:17 UTC
According to a bitcoin News Website (finasko.com) bitcoin is traded at $7500 in India as compared to international prices of $6500. What is the reason

Yes i saw it, the price is really trading almost 10% higher than the international price of bitcoin, and i think the indian exchanges like Zebpay and unocoin might know  about the upcoming demand boost inside their country and that's the reason there is huge increase in bitcoin price inside the india. This kind of situation mostly occurs in countries where the buy and sell price of particular trading products goes higher than the international market rate due to huge demand in current or upcoming market scenario and it will mostly settle down soon. Infact it's good news for indian trader's make use of it by arbitrage trading if possible .