Why aren't your prices the same as on CoinMarketCap?

Each crypto data aggregator uses a different methodology to calculate average prices (we call them “Composite Index – AVG”) of cryptocurrencies. Generally, you take prices from top-tier exchanges (e.g. Binance, Coinbase, Bitstamp, Kraken, etc.) and then calculate the average price based on trading volume and other parameters, which serve as weights in the calculation formula. This is where different calculation methods produce different average prices. However, the price difference is usually very small.

If you want to know the exact price of a cryptocurrency, we suggest you check the price from the exchange where you trade. You may do this in the Exchanges tab on the Coin screen:

Cryptocurrency exchange prices

Article Details

Article ID:
2
Category:
Views:
174
Rating (Votes):
(6)

Related articles