Global price fragmentation is the biggest challenge for crypto exchanges

Channel:
Pakistan Daballoti
Subscribers:
292
Published on ● Video Link: https://www.youtube.com/watch?v=botAkSp6Zzc


Duration: 0:29
0 views
0

However, since cryptocurrency exchanges are fragmented, the real price of a coin is its price on one exchange plus the fees on that exchange compared to the same calculation at another exchange. Taking the $60,000 price of Bitcoin as an example, 0.50% cost on one exchange would mean purchasing the same Bitcoin on another exchange for $61,120 and paying 0.30%.



Other Videos By Daballoti


2021-08-11Zakat and Fintech for Good in Islamic Finance
2021-08-11U.S. Treasury Secretary Janet Yellen opposes cryptocurrency tax amendment: Report
2021-08-11The CEO of Binance unveils a new approach to compliance amid regulatory setbacks
2021-08-11Bitcoin is the future according to YouTube Superstar KSI
2021-08-11Last month, Nigeria moved $40 million via peer-to-peer Bitcoin (BTC) transactions
2021-08-11Bitcoin Standard introduced by Bitfinex to make transactions more understandable
2021-08-11e-RUPI is a company that promotes crypto-based ideals
2021-08-11Disastrous’ New Amendment Condemned by Elon Musk
2021-08-11In the NFT gaming industry, Axie Infinity has surpassed $1 billion in sales
2021-08-11U.S. Congress, SEC Chairman call for more crypto oversight
2021-08-11Global price fragmentation is the biggest challenge for crypto exchanges
2021-08-11The High Yield Farming Program is now available on EasyFi and QuickSwap
2021-08-11The Bakkt Group and Quiznos Team up for an in-store Bitcoin payment pilot
2021-08-11The Australian BNPL market is now open to Citi with Spot. Buying now, paying later
2021-08-11Mossad, Israel’s intelligence agency, is looking for a crypto expert
2021-08-11A $30 million project called ‘DeFi’ is fined by the US Securities and Exchange Commission
2021-08-11US crypto market can benefit from KYC tools, FTX CEO says
2021-08-11Brian Brooks resigns as CEO of BinanceUS
2021-08-11Legislators focus on crypto regulation while delaying infrastructure bill.
2021-08-11AMD and Valve are working together to make the Steam Deck Windows 11 compatible
2021-08-11SteamVR beta allows you to arrange desktop windows inside your virtual world