How does Revolut calculate the price of cryptocurrencies?

3 answers

• Hjelm RosarioJan 15, 2025 · 10 months ago
  Revolut calculates the price of cryptocurrencies by using a combination of data from various exchanges. They take into account factors such as trading volume, liquidity, and market depth to determine the most accurate price. This ensures that users get a fair and competitive price when buying or selling cryptocurrencies on the Revolut platform.
  346

  173
• Paramanathan ThushanthanNov 05, 2024 · a year ago
  When it comes to calculating the price of cryptocurrencies, Revolut relies on real-time market data from multiple exchanges. By aggregating data from different sources, Revolut aims to provide users with a reliable and up-to-date price for cryptocurrencies. This approach helps to minimize price discrepancies and ensures that users can make informed decisions when trading cryptocurrencies on Revolut.
  402

  134
• Riddhi SanapJul 22, 2023 · 2 years ago
  Revolut, like many other cryptocurrency exchanges, uses a combination of market data and proprietary algorithms to calculate the price of cryptocurrencies. This allows them to provide users with a fair and transparent pricing mechanism. However, it's important to note that the price of cryptocurrencies can be volatile and may differ slightly from the prices on other exchanges due to factors such as liquidity and market demand.
  430

  108