Why do Bitcoin exchanges have different buy and sell prices even before they add fees on top?

What you’re talking regarding is called “the spread”. It’s the excellence between the best possible value someone has Associate in Nursing open give to buy for for, and conjointly rock bottom value someone has Associate in Nursing open give to sell for.

Let’s say that those prices were the same, making the unfold zero. Well if someone is giving to buy for the same value another person is giving to sell, what would the exchange still be waiting for? That trade have to be compelled to execute instantly, as a result of the customer and vender have in agreement on an appropriate value.

So once the transactions where the prices match area unit dead, that leaves a distinct segment between the remaining get and sell offers. And that’s why the unfold effectively endlessly exists. bitcoin to paypal

(Bitcoin to sberbank) helps one for marketing functions of bitcoin.

The fee paid on prime of everything else is but the exchange makes money for facilitating the trade.

All that very same, Bitcoin has no intrinsic value, associated in and of itself is an particularly risky issue to be stepping into - to position it gently. putt make the most cryptocurrencies that aren’t backed by one thing is probably close to end in tears and despair for several of the people who be a region these days. And it’s pretty late presently.