How does Coinbase calculate the lower amount displayed on the chart for my digital currency?

3 answers

• Dec 18, 2021 · 3 years ago
  Coinbase calculates the lower amount displayed on the chart for your digital currency by taking into account various factors. These factors include the current market price, trading volume, and liquidity of the specific digital currency. The accuracy of the chart is influenced by these factors, as well as any sudden price fluctuations or market volatility. It's important to note that the chart represents historical data and may not always reflect real-time prices.
  468234
• Dec 18, 2021 · 3 years ago
  When calculating the lower amount displayed on the chart for your digital currency, Coinbase considers the bid prices from different exchanges and liquidity providers. They use algorithms to aggregate and analyze this data, ensuring that the chart reflects a comprehensive view of the market. However, it's worth mentioning that the chart is still subject to market conditions and may not always be 100% accurate.
  413138
• Dec 18, 2021 · 3 years ago
  At BYDFi, we understand that Coinbase calculates the lower amount displayed on the chart for your digital currency based on a combination of factors. These factors include the current market conditions, trading volume, and liquidity. Coinbase aims to provide users with an accurate representation of the market, but it's important to remember that the chart is based on historical data and may not always reflect real-time prices.
  430108