I sold my 0.10BCH to spend for needs, then I noticed the difference of price when we “sell” versus when we “buy” BCH. If you buy BCH using coinsph their price is quite high, plus they'll charge you some fees on that. If you sell BCH to fiat, it doesn't have any fees but the price is lower for almost $14.50.. Aside from their prices is a bit late or maybe they are making their own crypto prices from other Exchanger and on chain wallets, that's why other crypto users prefer to do P2P trading in Binance because of this matter. I hope if Gcash will integrate with crypto then they should not imitate coinsph 😂🤦 ©@Eybyoung
2 comments
Haha! Everyone here doesn't know why the price is like that. It's easy. Coins.ph has its own exchange. All exchanges actually have this empty boundary between sell and buy orders that dictate the price. Usually cents, but when something is rare, it's bigger.
Yeah right. Luck does matter here too much.