Large price differences for LTC and BTC

Discussion in 'Digital Currencies' started by TreasureHunter, Nov 19, 2013.

  1. TreasureHunter

    TreasureHunter Well-Known Member

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    I am watching BTC-e live trading.

    LTC price: 7.89 $

    But on Crypto-Trade.com, the listed LTC price is: 8.5 $

    But if you want to buy LTC on Crypto-Trade.com, it's: 9.58 $ + a 0.002 LTC fee!
     
    TreasureHunter, Nov 19, 2013
    #1
  2. beeteecee

    beeteecee New Member Silver Stacker

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    I'll be honest TH, I don't think I fully understand what you are asking. But it sounds like you are referring to the bid/ask spread? Meaning, $8.50 was probably the highest bidder, and $9.58 was probably the lowest priced seller. If you don't want to put in a bid and hope that the price falls to fill it, and you want them instantly, then you would have to do a market buy at the cheapest someone is offering them for -> $9.58.

    Hope that helps.
     
    beeteecee, Nov 19, 2013
    #2

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