How does TradingView calculate the price of cryptocurrencies?

4 answers

• Dec 17, 2021 · 3 years ago
  TradingView calculates the price of cryptocurrencies by aggregating data from multiple cryptocurrency exchanges. They use a combination of volume-weighted average price (VWAP) and real-time market data to provide an accurate and up-to-date price. This ensures that the price displayed on TradingView reflects the overall market sentiment and liquidity of the cryptocurrency.
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• Dec 17, 2021 · 3 years ago
  The price of cryptocurrencies on TradingView is determined by the supply and demand dynamics of the market. It takes into account the trading activity and order book data from various exchanges to calculate the weighted average price. This approach helps to minimize the impact of price manipulation and provides users with a more reliable price reference.
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• Dec 17, 2021 · 3 years ago
  TradingView, as a popular charting platform, relies on data provided by various exchanges to calculate the price of cryptocurrencies. They have partnerships with reputable exchanges to ensure the accuracy of the data. By aggregating data from multiple sources, TradingView aims to provide users with a comprehensive and unbiased view of the cryptocurrency market.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we also use a similar approach to calculate the price of cryptocurrencies. We aggregate data from multiple exchanges and calculate the volume-weighted average price to ensure accuracy. Our goal is to provide traders with reliable and real-time price information to make informed trading decisions.
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