Why is there a price difference for the same cryptocurrency?
As a keen observer of the cryptocurrency market, I've often wondered: why is there a price difference for the same cryptocurrency across different exchanges? Is it due to variations in supply and demand, or perhaps the efficiency of each exchange's trading mechanisms? Could it be influenced by geographical factors, such as regulatory environments or market access? And how do investors factor in these price discrepancies when making trading decisions? Understanding the reasons behind these differences seems crucial in navigating the volatile world of cryptocurrencies.