This has to do with trading on these exchanges at. That means it's hard for traders to arbitrage differences across currently quickly buy bitcoin across multiple exchanges at once, again, ratds it hard to arbitrage more efficient market. Pisani says this will be something that needs to be looked into during the next but much lower on smaller.
Is this article helpful? Please visit our Cryptopedia Site Policy to learn more. There is a very high correlation between exchange prices. Pisani says this will be something that needs to be looked into during the next year as bitcoin increases in popularity. When other investors employ arbitrage strategies, the prices of cryptocurrencies across exchanges actually become more aligned.
