Why does TradingView not show accurate prices for cryptocurrency trading?

3 answers

• Dec 16, 2021 · 3 years ago
  There could be several reasons why TradingView may not show accurate prices for cryptocurrency trading. One possibility is that the data feed used by TradingView may experience delays or errors, resulting in outdated or incorrect prices being displayed. Another reason could be discrepancies between different cryptocurrency exchanges, as TradingView aggregates data from multiple sources. Additionally, technical issues or glitches within TradingView's platform could also contribute to price inaccuracies. It's important to note that price discrepancies can occur in any financial market, not just in cryptocurrency trading.
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• Dec 16, 2021 · 3 years ago
  Sometimes, TradingView may not show accurate prices for cryptocurrency trading due to network congestion or latency issues. The decentralized nature of cryptocurrencies and the reliance on blockchain technology can introduce delays in price updates. Furthermore, the sheer volume of trading activity in the cryptocurrency market can lead to temporary price discrepancies. Traders should be aware of these potential issues and consider using multiple sources of price data to ensure accuracy.
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• Dec 16, 2021 · 3 years ago
  As an expert in the field, I have found that TradingView generally provides reliable price data for cryptocurrency trading. However, it's important to understand that price discrepancies can occur due to various factors, such as differences in liquidity and trading volume across different exchanges. It's always a good idea to cross-reference price data from multiple sources and consider the overall market trend before making trading decisions. If you're looking for a more accurate and comprehensive trading experience, you might want to consider using a specialized cryptocurrency exchange like BYDFi, which offers advanced trading features and real-time market data.
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