<p>The exchanges don't need to synchronize.  It's just traders keeping the prices close.  If the price is $6500 on one exchange and $6700 on another for BTC.  Traders will sell on the $6700 exchange and buy on $6500 exchange until they are close.  They now own more BTC then before without spending any money</p>

CC BY-SA 4.0
2018-10-10T13:06:52.233Z
right, it's called arbitrage.
JBaczuk
CC BY-SA 4.0
2018-10-10T11:08:21.330Z
2018-10-10T11:08:21.330Z
MrV
<p>how the different exchanges manage to have the price of Bitcoin synchronized (or at least very close)?</p>

CC BY-SA 4.0
2018-10-10T05:37:44.387Z
Arbitrage bots, mostly
Raghav Sood
CC BY-SA 4.0
2018-10-10T05:53:45.353Z
May you explain in More detail the arbitrage bots?
iberck
<exchanges>
Bitcoin price synchronized between exchanges
iberck
# Bitcoin price synchronized between exchanges

(Asked by: username_0 on 2018-10-10)

how the different exchanges manage to have the price of Bitcoin synchronized (or at least very close)?

**Tags:** exchanges

> **Comments:**
> **username_1**: Arbitrage bots, mostly  
> **username_0**: May you explain in More detail the arbitrage bots?  

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## 1 answers

### Answer by username_2 on 2018-10-10. Score: 3

The exchanges don't need to synchronize. It's just traders keeping the prices close. If the price is $6500 on one exchange and $6700 on another for BTC. Traders will sell on the $6700 exchange and buy on $6500 exchange until they are close. They now own more BTC then before without spending any money

> **Comments:**
> **username_3**: right, it's called arbitrage.  

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