Why is there a lag in the Coinbase price compared to other exchanges?
Teja mudhirajFeb 04, 2021 · 5 years ago1 answers
Can you explain why the price of cryptocurrencies on Coinbase often lags behind other exchanges?
1 answers
- ronaldo7Feb 16, 2024 · 2 years agoAs an expert in the cryptocurrency industry, I can tell you that the lag in the Coinbase price compared to other exchanges is a result of various factors. One major factor is the difference in liquidity between Coinbase and other exchanges. Coinbase may have a smaller number of buyers and sellers, which can lead to slower price movements. Additionally, Coinbase has a more stringent listing process, which means that new cryptocurrencies may take longer to be listed on their platform. This can cause a delay in price updates for certain coins. It's also important to consider that Coinbase may experience technical issues or delays in updating their prices due to high trading volumes or system maintenance. Overall, these factors contribute to the lag in the Coinbase price compared to other exchanges.
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