SwanBTC exchange rate has been $600-$800 above market value since yesterday. Claim it is because volatility due to FTX. Anybody else find this shady and unnecessary? #SwanBTC #exchange #rate #market #yesterday #Claim #volatility #due #FTX #find #shady #unnecessary


SwanBTC exchange rate has been $600-$800 earlier mentioned market place benefit considering the fact that yesterday. Declare it is for the reason that volatility owing to FTX. Anybody else come across this shady and needless?

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Comments (7)

  • MildlySuppressed Reply

    it be like that due to lower liquidity, just buy elsewhere if its cheaper somewhere else lol

    November 13, 2022 at 5:49 pm
  • DudeIncogneto Reply

    Everyone who uses Prime Trust for their liquidity partner is experiencing the same thing. Strike uses them and is the same.

    November 13, 2022 at 5:49 pm
  • SmoothGoing Reply

    Don’t buy there then.

    November 13, 2022 at 5:49 pm
  • Wilynesslessness Reply

    Same thing with strike

    November 13, 2022 at 5:49 pm
  • Electrical_Alps2457 Reply

    This is normal in times like this. Swan is by far one of the most trustworthy Bitcoin “exchanges”

    November 13, 2022 at 5:49 pm
  • HH0115 Reply

    This happens because of their provider. It’s always like this when it’s volatile out there.

    November 13, 2022 at 5:49 pm
  • igadjeed Reply

    They can charge whatever they like. They probably have a stash which was bought but not sold before the price fall, and they don’t want to sell at a loss

    If you want spot prices, submit a limit order to a spot exchange

    November 13, 2022 at 5:49 pm

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