Post
Topic
Board Altcoin Discussion
Re: why the price of crypto coins is different ??
by
kevpantof
on 28/06/2018, 11:28:09 UTC
In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ and in one of the other exchange coin A is 2.1$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?

I think it's because of the people (trader) in every exchanger. For example, people from A exchanger loves trade X coin and then people from exchanger B loves trade Y coin. Of course, X coin in A exchanger will higher than B exchanger (usually) it's because X coin has a lot of transaction in A exchanger (supply and demand).
True. Supply and demand plays important role in this. If the number of buyers on an exchange for a particular coin are more than the number of sellers i.e. demand is more than the supply, than the price of that coin is more and if the demand is less than supply, there is drop in its value. The trading volume of an exchange also plays a vital role in deciding the price of a coin on a trading exchange.