What are the exchanges that Bitmex relies on for its price calculation?

3 answers

• Eda AkalpJul 01, 2022 · 3 years ago
  Bitmex relies on several exchanges to calculate its prices. Some of the exchanges that Bitmex uses include Binance, Coinbase Pro, Kraken, and Bitstamp. These exchanges are known for their high liquidity and reliable price data, which makes them ideal for price calculation purposes. By using multiple exchanges, Bitmex can ensure that its prices are accurate and reflective of the overall market sentiment.
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• TebogoApr 15, 2024 · a year ago
  Bitmex relies on a combination of exchanges to determine its prices. Some of the exchanges that Bitmex uses include Binance, Coinbase Pro, Kraken, and Bitstamp. By aggregating data from multiple sources, Bitmex can minimize the impact of price manipulation and provide more accurate prices to its users. This approach also helps to ensure that Bitmex's prices are in line with the broader market.
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• LonerJun 02, 2023 · 2 years ago
  Bitmex relies on a variety of exchanges to calculate its prices. While the specific exchanges used may vary over time, Bitmex typically includes popular exchanges such as Binance, Coinbase Pro, Kraken, and Bitstamp in its price calculation. These exchanges are chosen for their high trading volumes and reliable price data. By incorporating data from multiple exchanges, Bitmex aims to provide its users with fair and accurate prices for their trading activities.
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