Post
Topic
Board Speculation (Altcoins)
Re: Sell Ripple Now?
by
3DBrushes
on 05/01/2018, 10:30:58 UTC
Can anyone explain me why XRP price on KRAKEN is around 50cts lower than on Coinmarketcap ?
3.40$ on CMC and 2.864$ on Kraken. Could be a seller but not at 2.864 ...

That’s a really good question. Does someone have any information on that topic? I had that problem too.

All the best,

Peterparker9191
Coinmarketcap shows average prices between many exchanges and the marketcap is also calculated based on this amount.
Prices vary in the different exchanges because of the local supply and demand. For example check Korean markets which are always higher than USD/EUR counterparts.