How does BitMEX determine the price of BTC?

3 answers

• SUJAN S T CSENov 27, 2023 · 2 years ago
  BitMEX determines the price of BTC by using a combination of data from various cryptocurrency exchanges. They aggregate the prices from these exchanges and calculate a weighted average to determine the BitMEX BTC price. This ensures that the BitMEX price is reflective of the overall market sentiment and liquidity.
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• Shaurya TiwariDec 26, 2023 · 2 years ago
  BitMEX relies on market data from multiple exchanges to determine the price of BTC. By considering the prices from different exchanges, BitMEX aims to provide a fair and accurate representation of the BTC price. This approach helps to minimize the impact of any individual exchange's price manipulation or irregularities.
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• Mcfadden MolinaDec 16, 2023 · 2 years ago
  At BYDFi, we understand the importance of accurate price determination in the cryptocurrency market. BitMEX follows a robust methodology to determine the price of BTC, which includes considering the prices from various exchanges. This approach ensures transparency and fairness in the pricing process, making BitMEX a reliable platform for trading BTC.
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