What is the frequency of updating open interest in the digital currency market?

3 answers

• Mar 20, 2022 · 3 years ago
  The frequency of updating open interest in the digital currency market varies depending on the platform and the specific cryptocurrency. Generally, popular exchanges update open interest data in real-time or with a delay of a few minutes. This allows traders to have access to the most up-to-date information regarding the open interest of a particular cryptocurrency. It is important to note that the frequency of updating open interest can also be influenced by factors such as market volatility and trading volume.
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• Mar 20, 2022 · 3 years ago
  Open interest in the digital currency market is typically updated on a regular basis, ranging from every few seconds to every few minutes. This ensures that traders have access to the most recent data regarding the open interest of various cryptocurrencies. The frequency of updating open interest may vary between different exchanges and can be influenced by factors such as the trading volume and liquidity of a particular cryptocurrency.
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• Mar 20, 2022 · 3 years ago
  BYDFi, a leading digital currency exchange, updates the open interest data in real-time. This means that traders can access the most up-to-date information regarding the open interest of various cryptocurrencies on the BYDFi platform. Real-time updates allow traders to make informed decisions based on the latest market trends and open interest data. It is crucial for traders to stay updated with the frequency of updating open interest as it can provide valuable insights into market sentiment and potential price movements.
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