I'm not sure, but I think I once read that it is the korean UpBit that has such a high price, because a lot of korean investors use SBD to trade it directly with their currency, the South Korean Won (KRW), while in other parts of the world the SBD/KRW isn't an advantage, so the price stays much lower.
RE: Why the exchange rate of SBD on internal market worse than of Upbit
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Why the exchange rate of SBD on internal market worse than of Upbit
Yes, I also heard about that, there is a lot of trading within Upbit with SBD/KRW and since they designated SBD there is no new SBD can be brought in so people use these that is within exchange at present.
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