Why do prices vary in some countries? I can't remember where but I have seen higher prices in some other exchange as well where some other fiat is used. Is it because of how USD is priced against that fiat?
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Suplly and demand I guess. I know in Africa they paid a premium of 5k$ once for BTC.
It is easier to use your "local exchange" still to get fiat into crypto and people who want to get in badly are willing to pay that premium