Higher transaction costs and lower also influence prices; higher costs fees for transactions may have. On the other hand, exchanges higher prices on a particular contributes to the persistence of the imbalance between buyers and.
The market size is another essential factor that can impact the price of Bitcoin on different exchanges. As a result, the price of Bitcoin is determined by supply and demand on the open market. Price differences exist because markets are not truly efficient, meaning the price of a digital asset varies slightly across markets due to the different fees that crypto exchanges charge investors, as well as the varying levels of trade volume and liquidity on any given exchange. How can a single asset trade at two different prices?
