Exchange Rates methodology


#1

Hi,
could you please provide more info regarding your exchange rates methodology? which exchanges are selected? do you put in place a deviation factor? what about the wash trading? thanks


#3

Hi Longfu,

Our exchange rate data for fiat currencies comes from a third party. Then, we take all pairs where BTC or ETH are the base currencies and a fiat currency is the quote currency. We compute a volume weighted average price using 24 hour volume per market to get a price for BTC and ETH.

Once the BTC and ETH rate has been determined vs fiat currencies, we then price the rest of our assets following our pricing methodology here: