Why is Coinbase not showing price spikes for cryptocurrencies?

3 answers

• Jan 12, 2022 · 3 years ago
  Well, there could be a few reasons why Coinbase is not showing price spikes for cryptocurrencies. One possibility is that Coinbase has implemented a more conservative approach to displaying price changes in order to provide a more stable and reliable trading experience for its users. By not showing sudden price spikes, Coinbase may be trying to prevent panic selling or buying that can occur when prices fluctuate rapidly. This approach can help protect users from making impulsive decisions based on short-term price movements.
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• Jan 12, 2022 · 3 years ago
  Coinbase might also be using a different algorithm to calculate and display prices compared to other exchanges. Each exchange has its own system for determining prices, and these systems can vary in terms of the data sources they use and the frequency at which they update prices. It's possible that Coinbase's algorithm is designed to smooth out price spikes and provide a more accurate representation of the overall market trend. This can be beneficial for long-term investors who are more interested in the overall price trajectory rather than short-term fluctuations.
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• Jan 12, 2022 · 3 years ago
  As an expert in the field, I can tell you that Coinbase is not the only exchange that doesn't display price spikes. In fact, many exchanges, including BYDFi, take a similar approach. The reason behind this is to ensure a fair and transparent trading environment. Sudden price spikes can be caused by various factors, including market manipulation or technical glitches. By not displaying these spikes, exchanges can prevent traders from taking advantage of such situations and maintain a level playing field for all users.
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