It does not work exactly this way because you need to calculate one more commission in the process. This give you false information. Plus the trade volume at bittrex are very low
Coinmarketcap includes Upbit in their price calculation, but Upbit has not had a working SBD wallet for months if not longer. People are willing to sell there at a lower price because it is the only way to get their value out of the exchange. It doesn't indicate a market price for real SBD which isn't trapped there.
I would consider the Bittrex and internal market prices as closest to a fair market value.
It does not work exactly this way because you need to calculate one more commission in the process. This give you false information. Plus the trade volume at bittrex are very low
The commission on bittrex is only 0.25%.
Whether the volume is low depends on conditions.
Be cautious comparing volumes on crypto exchanges, because many exchanges and coins inflate their volume with sham trading.
Relatively low volume may indicate low interest, or just less sham trading.
I think it will be good if even those bittrex transactions will be shared in the post.
I don't think so
While
Coinmarketcap says
The price on internal market seems to be around
Coinmarketcap includes Upbit in their price calculation, but Upbit has not had a working SBD wallet for months if not longer. People are willing to sell there at a lower price because it is the only way to get their value out of the exchange. It doesn't indicate a market price for real SBD which isn't trapped there.
I would consider the Bittrex and internal market prices as closest to a fair market value.