itBit Support Center

Why are bitcoin prices different on each exchange?

Last Updated: Apr 02, 2015 12:52AM UTC

Price fragmentation between exchanges exists primarily due to the trading volume and liquidity of each exchange. Price variation is not bitcoin specific and applies to other trading products such as Forex trading. However, because of the higher liquidity and trading volume in FX trading, a price fragmentation is quickly erased and unnoticed for retail traders. 

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