October 17, 2016, Netherlands – The WorldCoinIndex is proud to present its blockchain market data resource platform to the global cryptocurrency community. The platform offers reliable, real-time price information and the latest news updates for over 400 listed cryptocurrencies. It allows users to access a wide range of data points from over 35 different cryptocurrency exchanges and track cryptocurrency prices in all major fiat currencies such as USD, euro and yuan. Blockchain based cryptocurrencies has gained tremendous popularity which has led to increased cryptocurrency prices and market capitalizations. As the global fiat market continues to recognize Bitcoin as the main cryptocurrency, the Bitcoin price index calculates each market individually. The Bitcoin Price Index on WorldCoinIndex serves as a base for all other cryptocurrency price indexes, such as the Ethereum price index . Launched in 2014, WorldCoinIndex has been serving the cryptocurrency community for almost three years. The cryptocurrency ecosystem remains fragmented, caused by multiple exchanges with volatile prices and trade volumes; WorldCoinIndex’s main mission is to simplify the process of picking the right exchange at the right time. The platform has gradually expanded its list of cryptocurrency information offering by adding new tradable cryptocurrencies and functionalities on a regular basis. As for the index formula WorldCoinIndex use an average weighted price of all cryptocurrencies across all the supported exchanges . With the increasing maturity of blockchain technology and the growth of the cryptocurrency market, WorldCoinIndex is also improving cryptocurrency market data. The recent upgrades allow WorldCoinIndex to deliver real-time live stream price information. Processing real-time quotes are important for the cryptocurrency market, that is finally catching up to the standards of fiat stock and fx markets. For traders, real-time quotes can make a difference as even the smallest time discrepancy between a provided quote and the real-time situation can […]
