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
Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
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