Pagnottoni, Paolo; Baur, Dirk G.; Dimpfl, Thomas - 2018
this context we are interested in which platform is the most important one in terms of price discovery. To this end, we use … a pairwise approach accounting for a potential impact of exchange rates. The contribution to price discovery is measured … each market which reveals that the Chinese OKCoin platform is the leader in price discovery of Bitcoin, followed by BTC …