How is it spread if 1 ada buy price is like 1.15 globally and to sell a single ada is like 1.08ChatGPT said:ChatGPTWhat you're describing isn't exactly a traditional spread—it's more like Crypto.com’s pricing model, which includes their fees baked into the prices they show. Here's the breakdown: Global Price vs. Exchange Price: The "global price" you see is usually the market average, not the exact rate an exchange offers. Crypto.com adds their markup to the buy price and markdown to the sell price, ensuring they profit regardless of market movements. Wide Buy/Sell Disparity: If ADA’s global price is $1.15: They may let you buy at $1.18 (3% markup). And only let you sell at $1.08 (7% markdown). This means a $0.10 "spread" exists, but it's padded by their hidden fees. Why So Wide? Convenience Tax: Crypto.com caters to retail investors, so they charge a premium for simplicity and ease of use. Volatility Buffer: Wider margins protect exchanges from price swings.What You Can Do: Compare their pricing with Binance, Kraken, or Coinbase, which often have tighter spreads. On decentralized platforms (DEXs), you'll usually find market-rate prices, but watch out for gas fees.Crypto.com’s pricing isn’t illegal, but it’s designed to maximize profit. If this feels excessive, you might be better off trading on exchanges with transparent fee structures.
