Jump to content
Sign in to follow this  

Bitcoin pricing

Recommended Posts

On Friday (8th Sept), the price quote was on par with Coinbase live pricing when bitcoin was trading around 4600-4680. The bid and ask spread was between 10 and 20.

 

Today, Sunday (10th Sept), current bitcoin is trading at 4230 at coinbase live price, but at IG platform it is price at 100 LESS, at 4130 and bid and ask spread at 30!

 

Why such big difference in the space of 2 days? Can James ftom IG please assist to clarify? Thanks.

Share this post


Link to post

Now is 10pm Sun (10th Sept).

Coinbase bitcoin live price is US$4168.

IG live price is 4138 (bid offer at 4128 / 4148).

This difference has close in from 100 to 30 and the spread is now mostly at 20.

 

Could this be these due to weekend lower liquidity?

 

Hope by Monday, the 2 platforms will be on par again.

Share this post


Link to post

Morning,

On Mondays, 0915hrs, IG price is again on par with coinbase live price... which is Great.. This means that IG price very competitive during weekdays office hours.

Share this post


Link to post

Hi  - you may find the following link useful, specifically the 'how we price our markets' section: Crypto Mega Thread. Effectively we use a number of the most liquid exchanges to price our markets, pulling the best possible prices to give you the tightest spread possible on a leveraged deal. 

 

Coinbase is a single exchange and there will always be a large disparity between prices due to the illiquid nature of the markets. 

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×