Coinbase XRP looked cheap on Nov. 2 despite identical market value

Share

XRP appeared to trade at a roughly 0.168% discount on Coinbase compared with Binance on Nov. 2, 2026. After converting Binance’s USDT quote into dollars, the gap narrowed to just 0.006%, indicating that the quote-currency difference explained most of the raw spread. Across seven daily observations, however, residual discounts remained on Oct. 30 and 31, at approximately 0.066% and 0.078%, while a separate one-hour sample showed a slight adjusted premium. These differences were too small to support a direct arbitrage strategy and did not establish weaker XRP demand because execution costs, liquidity differences and seller-initiated trading were not demonstrated.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items