How does Coinbase determine the value of Ethereum at the time of ACH or when the transaction is complete?

1 answers

• Mar 19, 2022 · 3 years ago
  When it comes to determining the value of Ethereum during an ACH transaction or when the transaction is complete, Coinbase employs a sophisticated algorithm that takes into account various factors. These factors include the current market price of Ethereum, the liquidity of the cryptocurrency, and the trading volume on Coinbase's platform. By analyzing these data points, Coinbase is able to calculate a fair and accurate valuation for Ethereum. It's important to note that Coinbase's valuation may not always perfectly align with the real-time market price due to the dynamic nature of the cryptocurrency market. However, Coinbase continuously monitors and adjusts their valuation process to ensure that it remains as accurate as possible.
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