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What exchanges does Bitmex take into account when determining its price?

avatarBui HowardDec 15, 2021 · 3 years ago3 answers

When Bitmex determines its price, which exchanges does it consider?

What exchanges does Bitmex take into account when determining its price?
Bitmex
Cryptocurrency
Exchanges

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Bitmex takes into account several major exchanges when determining its price. This includes exchanges like Binance, Coinbase, Kraken, and Huobi. By considering the prices on these exchanges, Bitmex aims to provide a fair and accurate price for its users.
  • avatarDec 15, 2021 · 3 years ago
    When determining its price, Bitmex looks at a variety of exchanges to ensure that it reflects the overall market sentiment. Some of the exchanges it considers include Binance, Coinbase, and Bitstamp. By taking into account multiple exchanges, Bitmex aims to minimize the impact of price manipulation and provide a more reliable price for traders.
  • avatarDec 15, 2021 · 3 years ago
    Bitmex, like many other cryptocurrency exchanges, takes into account the prices on various exchanges to determine its own price. This helps to ensure that the price on Bitmex is in line with the broader market. Some of the exchanges that Bitmex considers include Binance, Coinbase, and Bitstamp. By considering these exchanges, Bitmex aims to provide a transparent and fair pricing mechanism for its users.

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