The WorldCoinIndex has released its blockchain market data resource platform for the benefit of traders in the global cryptocurrency community. The platform offers reliable, real-time price information and the news updates on over 400 listed cryptocurrencies. It allows users to access a wide 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 continue to gain in popularity which has led to increased cryptocurrency prices and market capitalizations. As the cryptocurrency with the highest market cap, 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.
WorldCoinIndex’s main goal is to simplify the process of finding the optimal exchange for users. The platform has gradually expanded its list of cryptocurrency information offering by adding new tradable cryptocurrencies and functionalities on a regular basis. For the index formula WorldCoinIndex use an average weighted price of all cryptocurrencies across all the supported exchanges.
The recent upgrades allow WorldCoinIndex to deliver real-time live stream price information. For traders, real-time quotes are important for traders as a small time discrepancy between a provided quote and the real-time situation can change the profitability of a trade into a loss. Real-time data improves the ability to react quickly and enhance investment returns.