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Re: Mikespa12 post# 597

Wednesday, 06/02/2021 3:04:39 AM

Wednesday, June 02, 2021 3:04:39 AM

Post# of 2029
Pretty much every exchange right now is selling it at different prices. Some higher, some lower. A centralized exchange (i.e. SafeMoon Exchange) MIGHT be able to assist with providing a standard metric, but it's still not going to be written in stone.

Here's a quote from cointelegraph.com as it applies to Bitcoin, for example:

Why do crypto exchanges have different prices? Because exchanges are not connected. Prices vary depending on the buy and sell activity on each one of these exchanges. Every exchange calculates the price of Bitcoin based on its own volume of trades, as well as supply and demand of its users