When does Coinbase determine the value of Ethereum during an ACH transaction?
Gkdnzx707Dec 25, 2021 · 3 years ago3 answers
Can you explain the process of how Coinbase determines the value of Ethereum during an ACH transaction?
3 answers
- Dec 25, 2021 · 3 years agoDuring an ACH transaction on Coinbase, the value of Ethereum is determined at the time of the transaction. Coinbase uses real-time market data to calculate the value of Ethereum based on the current market price. This ensures that the transaction is executed at the most accurate and up-to-date value of Ethereum. So, if you're making an ACH transaction on Coinbase, you can be confident that you're getting the current market value of Ethereum.
- Dec 25, 2021 · 3 years agoWhen you initiate an ACH transaction on Coinbase, the value of Ethereum is determined at that moment. Coinbase takes into account the current market price of Ethereum and uses it to calculate the value of your transaction. This ensures that you're getting the most accurate value for your Ethereum. So, whether the price goes up or down after you initiate the transaction, you'll still receive the value that was determined at the time of the transaction.
- Dec 25, 2021 · 3 years agoWhen it comes to ACH transactions on Coinbase, the value of Ethereum is determined in real-time. Coinbase uses its advanced algorithms to fetch the latest market data and calculate the value of Ethereum based on the current market price. This ensures that you're getting the most accurate value for your Ethereum during the transaction. So, rest assured that Coinbase is constantly monitoring the market and providing you with the most up-to-date value of Ethereum for your ACH transactions.
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