Which digital currencies are included in Oanda's average exchange rate calculation?
RaziyehNabaviMay 09, 2022 · 3 years ago3 answers
Can you provide a list of the digital currencies that are included in Oanda's average exchange rate calculation?
3 answers
- May 09, 2022 · 3 years agoOanda's average exchange rate calculation includes a wide range of digital currencies. Some of the most popular ones that are included are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). However, it's important to note that Oanda regularly updates and adjusts the list of included digital currencies based on market demand and liquidity. So, it's always a good idea to check their official website or contact their customer support for the most up-to-date information.
- May 09, 2022 · 3 years agoWhen it comes to Oanda's average exchange rate calculation, they include a diverse selection of digital currencies. This includes major cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. Additionally, they also include some lesser-known digital currencies that have gained popularity in recent years. Oanda's goal is to provide comprehensive and accurate exchange rate data for a wide range of digital assets.
- May 09, 2022 · 3 years agoOanda's average exchange rate calculation incorporates a variety of digital currencies, ensuring a comprehensive view of the market. They include major cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. Additionally, they also consider the liquidity and trading volume of each digital currency to ensure accurate and reliable exchange rate data. It's worth noting that Oanda collaborates with various exchanges and liquidity providers to gather the necessary data for their calculations.
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