<p>Discrepancies in exchange rates can arise from many things, such as:</p>

<ul>
<li>how often the exchange rates are recalculated or cached by the website</li>
<li>where the website gets the data from (e.g. there are a lot of different exchange platforms, the live price varies a bit between them all)</li>
<li>how the rate is calculated (most exchanges only support BTC/USD as fiat currency price, so any other fiat currency like Rupee or Ripple coin must be calculated using multiple conversion steps (e.g. ripple -> bitcoin -> USD -> Rupee)</li>
</ul>

<p>Also, if you are using a website like zebpay, they set the rate themselves to include a fee, because they want to make a profit, so you can expect that rate to always be higher than the price listed on something like coinmarketcap.com. That is just the rate <em>they</em> sell at.</p>

CC BY-SA 3.0
2017-09-09T12:39:51.287Z
2017-09-09T12:39:51.287Z
meshcollider
<p>Well, I am new to this world and trying to understand things. The main thing where I got stuck is, I realise that the same currency has different values in different places.<a href="https://i.sstatic.net/mr63f.png" rel="nofollow noreferrer"><img src="https://i.sstatic.net/mr63f.png" alt="From www.coinmarketcaap.com"></a></p>

<p>And in here for Ripple in India[![][2]][2]</p>

<p>And for bitcoins Premier Bitcoin Exchange in India <a href="https://i.sstatic.net/dMexT.png" rel="nofollow noreferrer"><img src="https://i.sstatic.net/dMexT.png" alt=""></a></p>

<p>I just want to understand why such discrepancy. Any type of guide will be welcomed.</p>

<p>Thanks in advance</p>

<p>FYI : I live in India</p>

<exchanges><india>
Why there is a huge amount of difference in price for the same coin at same time?
user59584
# Why there is a huge amount of difference in price for the same coin at same time?

(Asked by: username_0 on 2017-09-09)

Well, I am new to this world and trying to understand things. The main thing where I got stuck is, I realise that the same currency has different values in different places.[![From www.coinmarketcaap.com](https://i.sstatic.net/mr63f.png)](https://i.sstatic.net/mr63f.png)

And in here for Ripple in India[![][2]][2]

And for bitcoins Premier Bitcoin Exchange in India [![](https://i.sstatic.net/dMexT.png)](https://i.sstatic.net/dMexT.png)

I just want to understand why such discrepancy. Any type of guide will be welcomed.

Thanks in advance

FYI : I live in India

**Tags:** exchanges, india


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## 1 answers

### Answer by username_1 on 2017-09-09. Score: 1

Discrepancies in exchange rates can arise from many things, such as:

* how often the exchange rates are recalculated or cached by the website
* where the website gets the data from (e.g. there are a lot of different exchange platforms, the live price varies a bit between them all)
* how the rate is calculated (most exchanges only support BTC/USD as fiat currency price, so any other fiat currency like Rupee or Ripple coin must be calculated using multiple conversion steps (e.g. ripple -> bitcoin -> USD -> Rupee)

Also, if you are using a website like zebpay, they set the rate themselves to include a fee, because they want to make a profit, so you can expect that rate to always be higher than the price listed on something like coinmarketcap.com. That is just the rate *they* sell at.


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