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Bitcoin : How do brokers decide they price?

Bitcoin : How do brokers decide they price?


In all brokers in my country (Argentina) I their price per Bitcoin between 10% above Bitstamp’s price for purchase and 2% above Bitstamp when the market is bullish and between 2% and 10% below on a bearish market.

Why is this? Why don’t they just connect to a peer-to-peer exchange (E.g: Bitfinex, Binance, etc). Am I to understand they are speculating with the price? It seems highly unlinkely




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Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.Author: m5santisa

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