What is the accuracy of the prices displayed on TradingView for cryptocurrencies?
Ellegaard FaberJan 12, 2022 · 3 years ago3 answers
Can we trust the prices displayed on TradingView for cryptocurrencies? How accurate are they?
3 answers
- Jan 12, 2022 · 3 years agoAs an expert in the field of cryptocurrency trading, I can say that the prices displayed on TradingView for cryptocurrencies are generally accurate. However, it's important to note that there can be slight variations in prices across different exchanges due to factors such as liquidity and market demand. TradingView aggregates data from multiple sources, including exchanges, to provide an average price. While this average price is usually reliable, it's always a good idea to cross-check the prices on TradingView with the prices on the specific exchange you plan to trade on.
- Jan 12, 2022 · 3 years agoWell, the accuracy of the prices on TradingView for cryptocurrencies is a bit of a mixed bag. While they do their best to provide accurate and up-to-date information, it's important to remember that the cryptocurrency market is highly volatile and prices can change rapidly. So, while the prices on TradingView may be accurate at the time of display, they may not reflect the current market conditions by the time you make a trade. It's always a good idea to double-check the prices on the exchange you plan to use before making any trading decisions.
- Jan 12, 2022 · 3 years agoWhen it comes to the accuracy of prices displayed on TradingView for cryptocurrencies, it's important to consider the source of the data. TradingView itself is not an exchange, but rather a platform that aggregates data from various exchanges. The accuracy of the prices can vary depending on the quality and reliability of the data provided by these exchanges. At BYDFi, we strive to provide accurate and reliable data to TradingView and other platforms. However, it's always a good practice to verify the prices on the exchange you plan to trade on to ensure the accuracy of the information.
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