Post
Topic
Board Economics
Re: Differences in btc value?
by
btccrusher
on 05/09/2018, 18:57:31 UTC
The price is based on supply and demand. We had this case with India and China too before they close their exchanges. If for example India had a high demand for bitcoin then you will see a 5-10% higher price compared to International price in the other exchanges. It's totally normal, If you could manage to register there and somehow sell your coins then you could actually make this profitable for you.

thank you sir  Grin it means its an opportunity  to gain more profit.

If the demand is high, the price will automatically increase, and yes it's a great chance to make a profit by trading. This is how day traders make a profit, but if you are new at this, you should be careful, you should understand the key to make successful profits from this type of trade between different exchanges.