Why is there such a wide discrepancy in TRX price between Binance and Liqui?

5 answers

• killamocingbirdJun 23, 2025 · 5 months ago
  The wide discrepancy in TRX price between Binance and Liqui can be attributed to several factors. Firstly, liquidity plays a crucial role. Binance, being one of the largest cryptocurrency exchanges, has a higher trading volume and more active traders, which leads to a more efficient market and narrower bid-ask spreads. On the other hand, Liqui may have lower trading volume and fewer active traders, resulting in wider spreads and price discrepancies. Additionally, differences in exchange fees and trading pairs offered by each platform can also contribute to the price difference. It's important to note that price discrepancies are not uncommon in the cryptocurrency market, and they can present opportunities for arbitrage traders to profit from the price differentials.
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• NuraJan 01, 2022 · 4 years ago
  The wide TRX price difference between Binance and Liqui can be quite puzzling, but it's not uncommon in the cryptocurrency world. One possible explanation is the difference in supply and demand dynamics on each exchange. Binance, being a popular and well-established exchange, attracts a larger number of traders, which leads to higher liquidity and more competitive pricing. Liqui, on the other hand, may have lower trading volume and fewer market participants, resulting in less efficient pricing and wider spreads. It's also worth considering that different exchanges may have different trading pairs and fee structures, which can further contribute to the price discrepancy.
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• Jose MirandaSep 21, 2025 · 2 months ago
  As an expert in the cryptocurrency industry, I can tell you that the wide discrepancy in TRX price between Binance and Liqui is not surprising. Different exchanges operate independently, and factors such as liquidity, trading volume, and market demand can vary significantly between platforms. Binance, being a major exchange, attracts a larger number of traders and has higher liquidity, resulting in more accurate and competitive pricing. On the other hand, Liqui may have lower trading volume and fewer active traders, leading to wider spreads and price discrepancies. It's important for traders to consider these factors and choose the exchange that best suits their trading needs.
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• FATIMA HAMDANFeb 22, 2024 · 2 years ago
  The TRX price difference between Binance and Liqui can be quite significant at times, and it's important to understand the reasons behind it. One possible explanation is the difference in trading volume and liquidity between the two exchanges. Binance, being one of the largest cryptocurrency exchanges, has a higher trading volume and more market participants, which leads to tighter spreads and more accurate pricing. Liqui, on the other hand, may have lower trading volume and fewer active traders, resulting in wider spreads and price discrepancies. It's also worth noting that different exchanges may have different fee structures and trading pairs, which can further contribute to the price difference.
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• diogo valenteDec 27, 2021 · 4 years ago
  BYDFi, a digital currency exchange, has observed the wide discrepancy in TRX price between Binance and Liqui. This difference can be attributed to various factors, including differences in trading volume, liquidity, and market demand. Binance, being a leading exchange, attracts a larger number of traders and has higher liquidity, resulting in more efficient pricing. Liqui, on the other hand, may have lower trading volume and fewer active traders, leading to wider spreads and price discrepancies. It's important for traders to consider these factors and make informed decisions when trading TRX on different exchanges.
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