How does Oanda calculate live exchange rates for popular cryptocurrencies?

3 answers

• Mar 19, 2022 · 3 years ago
  Oanda calculates live exchange rates for popular cryptocurrencies by aggregating data from multiple cryptocurrency exchanges. They use sophisticated algorithms to determine the weighted average price based on the trading volume of each exchange. This ensures that the rates provided by Oanda are reflective of the overall market sentiment and liquidity.
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• Mar 19, 2022 · 3 years ago
  Oanda has a team of experts who constantly monitor the cryptocurrency markets and update the exchange rates in real-time. They take into account factors such as market volatility, liquidity, and trading volume to provide accurate and up-to-date rates for popular cryptocurrencies.
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• Mar 19, 2022 · 3 years ago
  As an expert in the field, I can tell you that Oanda is known for its reliable and accurate exchange rates. They have a strong reputation in the industry and are trusted by many traders and investors. Their calculation methods are transparent and they provide detailed information about how they determine the exchange rates for popular cryptocurrencies.
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