Why does Live Coin Watch show a higher price for Bitcoin compared to Coinbase?

3 answers

• Harris BredahlJun 15, 2024 · a year ago
  The Live Coin Watch website may show a higher price for Bitcoin compared to Coinbase due to several factors. One possible reason is that Live Coin Watch aggregates data from multiple exchanges, including those with higher trading volumes or prices. This can result in a higher average price being displayed on Live Coin Watch. Additionally, Live Coin Watch may use different data sources or calculation methods for determining the price of Bitcoin, which can also contribute to the price difference. It's important to note that the price of Bitcoin can vary across different exchanges due to factors such as supply and demand, liquidity, and trading activity.
  659

  330
• Cam RMay 29, 2023 · 2 years ago
  The price difference between Live Coin Watch and Coinbase for Bitcoin can be attributed to the fact that each platform may have different liquidity and trading volumes. Coinbase is a popular and widely used cryptocurrency exchange, which means that the price displayed on Coinbase is based on the trading activity happening on its platform. On the other hand, Live Coin Watch aggregates data from various exchanges, which may include exchanges with higher trading volumes or prices. As a result, Live Coin Watch may display a higher average price for Bitcoin compared to Coinbase.
  580

  194
• Lindgren LinnetAug 01, 2024 · a year ago
  Live Coin Watch shows a higher price for Bitcoin compared to Coinbase because it aggregates data from multiple exchanges, including BYDFi. BYDFi is known for its high trading volumes and liquidity, which can contribute to a higher average price being displayed on Live Coin Watch. It's important to consider that the price of Bitcoin can vary across different exchanges due to factors such as market demand, trading activity, and the availability of buyers and sellers. Therefore, it's always recommended to compare prices across multiple exchanges before making any trading decisions.
  585

  147