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/biz/ - Business & Finance

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24956128 No.24956128 [Reply] [Original]

Why is bitcoin's price on coinbase 19.2k euro, whereas on trading platforms it is 23.5k euros?

>> No.24956205

You positive that 23.5k is in euros?

>> No.24956211

>>24956205
sentinel will make many new millionares on /biz same as link did

>> No.24956227

weakest bait I've seen since 2017

>> No.24956464

Also dumb question, on Unitrade when trying to exchange shit coin for ETH it says I need an extra 40 dollars.

>> No.24956705

>>24956227
i am dead serious

>> No.24956725

>>24956705
Arbitrage you fool

>> No.24956955
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24956955

>>24956725
>In economics and finance, arbitrage (/ˈɑːrbJtrɑːʒ/, UK also /-trJdʒ/) is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices at which the unit is traded.

Doesn't explain why the difference exists.
Everyone on /biz/ uses the CFD platform price, 23k. On coinbase and binance, bitcoin's price is still sub 20k. Both in euro.