WorldCoinIndex Offers Real-time Market Data for Cryptocurrencies

Place/Date: Amsterdam, Netherlands - October 17th, 2016 at 10:17 pm UTC · 2 min read
Source: WorldCoinIndex

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 change a profitable trade into a loss. Real-time data improves their ability to react quickly and enhance investment returns, making WorldCoinIndex the most powerful cryptocurrency index tool on the market.

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Disclaimer: WorldCoinIndex is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.