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  • borgetto
    SBR Rookie
    • 10-24-15
    • 19

    #1
    info bitcoins
    Hello guysI am registered on both kraken and coinbase and I would like to understand why there is a difference of about 100 euros between the 2 exchanges
  • themike78
    SBR MVP
    • 07-01-13
    • 4873

    #2
    Because coinbase sucks and they will rip you off any way they can.
    Comment
    • Optional
      Administrator
      • 06-10-10
      • 61396

      #3
      Originally posted by borgetto
      Hello guysI am registered on both kraken and coinbase and I would like to understand why there is a difference of about 100 euros between the 2 exchanges
      Because Kraken is a trading exchange where you buy/sell from other users with no premium on the price, and Coinbase is a retail 'exchanger' that does the trading part for you, for a premium.

      Gemini.com and ItBit.com are similar to Coinbase but offer lower fees. (but no card purchases)

      But Kraken is also good if you are comfortable using it too.
      .
      Comment
      • italiano
        SBR High Roller
        • 03-11-15
        • 217

        #4
        i am not sure that they accept italian members, anyway the different beetwenn kraken and other exchange is very big... easy to use but more expensive

        Originally posted by Optional
        Because Kraken is a trading exchange where you buy/sell from other users with no premium on the price, and Coinbase is a retail 'exchanger' that does the trading part for you, for a premium.

        Gemini.com and ItBit.com are similar to Coinbase but offer lower fees. (but no card purchases)

        But Kraken is also good if you are comfortable using it too.
        Comment
        • borgetto
          SBR Rookie
          • 10-24-15
          • 19

          #5



          bitocins / euro in kraken 3732 eurobitcoins / dollars in kraken 4434 dollars4434 dollars * 0.8 is 3547 eurosso I do not understand the difference of nearly 200 euros by buying with two different currenciesis it worth then buying bitcoins in dollars ?? and not in euros?
          Comment
          • borgetto
            SBR Rookie
            • 10-24-15
            • 19

            #6
            bitocins / euro in kraken 3732 eurosbitcoins / dollars in kraken 4434 dollars4434 dollars * 0.8 is 3547 eurosso I do not understand the difference of nearly 200 euros by buying with two different currenciesis it worth then buying bitcoins in dollars ?? and not in euros?
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 61396

              #7
              Originally posted by borgetto



              bitocins / euro in kraken 3732 eurobitcoins / dollars in kraken 4434 dollars4434 dollars * 0.8 is 3547 eurosso I do not understand the difference of nearly 200 euros by buying with two different currenciesis it worth then buying bitcoins in dollars ?? and not in euros?
              It's an open trading market. Each currency pair is its own discreet market and prices move based on what people offer to sell/buy for.

              If you have easy access to dollars and euros then you have an advantage to choose the best way to buy and sell each time.
              .
              Comment
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