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How does TradingView calculate and display volume for different cryptocurrencies?

avatarFermentedBabbageDec 24, 2021 · 3 years ago3 answers

Can you explain how TradingView calculates and displays volume for different cryptocurrencies? I'm curious about the methodology behind it and how accurate it is.

How does TradingView calculate and display volume for different cryptocurrencies?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    TradingView calculates volume for different cryptocurrencies by aggregating data from various cryptocurrency exchanges. They collect trading volume data from these exchanges and display it on their platform. The accuracy of the volume data depends on the quality and reliability of the data provided by the exchanges. TradingView strives to provide accurate and up-to-date volume information, but it's important to note that there may be discrepancies or variations in volume data between different exchanges.
  • avatarDec 24, 2021 · 3 years ago
    When it comes to calculating and displaying volume for different cryptocurrencies on TradingView, they use a combination of data from multiple exchanges. This helps to provide a more comprehensive and accurate representation of the overall trading volume. However, it's worth mentioning that the accuracy of the volume data can still vary depending on the quality and consistency of the data provided by the exchanges. So while TradingView does its best to present reliable volume information, it's always a good idea to cross-reference with other sources and consider the potential discrepancies.
  • avatarDec 24, 2021 · 3 years ago
    TradingView, as a third-party platform, relies on the data provided by cryptocurrency exchanges to calculate and display volume for different cryptocurrencies. The accuracy of the volume data can vary depending on the quality and consistency of the data from these exchanges. It's important to note that different exchanges may have different methodologies for calculating volume, which can lead to discrepancies in the data. Therefore, it's always a good practice to compare volume data from multiple sources to get a more accurate picture of the overall trading volume for a specific cryptocurrency.