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Are there any limitations or restrictions when using Oanda currency converter for historical cryptocurrency conversions?

avatarMikoTheRaccoonNov 24, 2021 · 3 years ago3 answers

What are the limitations or restrictions when using the Oanda currency converter for historical cryptocurrency conversions? Are there any specific cryptocurrencies that are not supported?

Are there any limitations or restrictions when using Oanda currency converter for historical cryptocurrency conversions?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    When using the Oanda currency converter for historical cryptocurrency conversions, there are a few limitations and restrictions to be aware of. Firstly, not all cryptocurrencies may be supported by the converter. While popular cryptocurrencies like Bitcoin and Ethereum are likely to be available, some lesser-known or newer cryptocurrencies may not be included in the converter's database. Additionally, the accuracy of the historical data may vary depending on the availability and reliability of the sources used by Oanda. It's always a good idea to cross-reference the data with other reliable sources to ensure accuracy.
  • avatarNov 24, 2021 · 3 years ago
    Using the Oanda currency converter for historical cryptocurrency conversions does come with a few limitations. One limitation is that the converter may not provide real-time or up-to-date exchange rates for cryptocurrencies. This means that if you need the most current exchange rate for a specific cryptocurrency, you may need to look elsewhere. Another limitation is that the converter may not support all cryptocurrencies. It's important to check if the specific cryptocurrency you're interested in is available in the converter's database.
  • avatarNov 24, 2021 · 3 years ago
    When it comes to historical cryptocurrency conversions, the Oanda currency converter has its limitations. While it does offer a wide range of currencies to convert, including popular cryptocurrencies like Bitcoin and Ethereum, it may not have the most extensive coverage of lesser-known or newer cryptocurrencies. If you're looking for historical data on a specific cryptocurrency that is not supported by Oanda, you may need to explore other sources or platforms that specialize in that particular cryptocurrency. BYDFi, for example, offers a comprehensive historical data service for a variety of cryptocurrencies.