"What is the reason for the discrepancy in Bitcoin prices across different trading platforms?"
The price of Bitcoin varies on different trading websites because Bitcoin is traded on multiple platforms, and each platform has different trading volumes, liquidity, transaction fees, and user demand. This leads to differences in supply and demand and ultimately affects the market price of Bitcoin. Therefore, the location where one trades Bitcoin will affect the price they pay or receive for the cryptocurrency.
Release time 2023 06 02