A friend asked me about this privately, so let me explain it in plain English.
The same coin can have slightly different prices when quoted in different currencies. If the price difference gets large, arbitrage traders step in and bring the prices back in line.
Trading activity varies across different pairs. When you buy or sell the same coin on a more actively traded pair, the price deviation is usually smaller.
Today's market: $BTC Current price: 80974, 24h: +0.42%.
If anything is unclear, leave me a comment.
#BTC
The same coin can have slightly different prices when quoted in different currencies. If the price difference gets large, arbitrage traders step in and bring the prices back in line.
Trading activity varies across different pairs. When you buy or sell the same coin on a more actively traded pair, the price deviation is usually smaller.
Today's market: $BTC Current price: 80974, 24h: +0.42%.
If anything is unclear, leave me a comment.
#BTC
