Could be because smaller exchanges usually don’t have the liquidity/volume to have lower fees so spreads are wider.
Finally orange pilled my uncle and it feels amazing to have another ally in the family. He's been buying like crazy on nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en but had a question that I'm pretty sure I know the answer too but wanted to check. #asknostr
it charged me $11 and some change for fee. I know all of them do that, but the price I paid was $256 higher than the price that was displayed on the graph when I initiated the purchase. I’ve been watching it and it’s very consistently when the transaction actually happens. Are they pulling a fast one, or is that common practice? It’s consistently around a one percent difference, and if I’m not mistaken, it’s always higher what your charged.
It could be the micro volatility, but it always seems like it’s higher ???
Discussion
Oh yeah good point, didn't think of that.