-
Bitcoin
$87,138.6549
3.45% -
Ethereum
$1,630.6301
3.37% -
Tether USDt
$0.9999
0.02% -
XRP
$2.1240
3.87% -
BNB
$602.7013
2.07% -
Solana
$139.6766
1.06% -
USDC
$0.9999
0.02% -
Dogecoin
$0.1617
5.47% -
TRON
$0.2432
-0.25% -
Cardano
$0.6428
4.75% -
Chainlink
$13.4950
4.04% -
UNUS SED LEO
$9.4545
1.03% -
Avalanche
$20.5863
6.23% -
Stellar
$0.2598
7.69% -
Toncoin
$3.0197
1.67% -
Shiba Inu
$0.0...01264
3.99% -
Sui
$2.2650
7.98% -
Hedera
$0.1713
5.99% -
Bitcoin Cash
$340.6319
2.17% -
Polkadot
$3.9095
1.97% -
Litecoin
$80.7078
6.42% -
Hyperliquid
$17.8959
2.22% -
Bitget Token
$4.4759
1.24% -
Dai
$1.0000
0.00% -
Ethena USDe
$0.9992
0.01% -
Pi
$0.6342
1.85% -
Monero
$216.1510
1.12% -
Uniswap
$5.4363
4.91% -
Pepe
$0.0...07862
7.63% -
Aptos
$5.1607
5.19%
does coinbase wallet update price
Coinbase Wallet continuously monitors the cryptocurrency market from multiple exchanges to provide up-to-date prices for its users, supporting conversions to fiat currencies and offering historical data for analysis.
Nov 03, 2024 at 02:45 am

How Coinbase Wallet Updates Prices
Constant Data Monitoring:
Coinbase Wallet continuously monitors real-time market data from multiple cryptocurrency exchanges. This data includes price quotes, trading volume, and order book depth.
Price Calculations:
The wallet uses a formula to calculate the current price of each cryptocurrency. The formula typically involves taking a weighted average of price quotes from different exchanges, with higher-volume exchanges being given more weight.
Currency Conversion:
Coinbase Wallet also supports the conversion of cryptocurrencies into fiat currencies (e.g., USD, EUR). The wallet uses current exchange rates provided by third-party providers to determine the conversion rates.
Lock Feature:
To prevent rapid price fluctuations from affecting ongoing transactions, Coinbase Wallet implements a lock feature. When a transaction is initiated, the wallet locks in the asset price at the time of initiation. This ensures that the transaction is executed at the agreed-upon price, regardless of any subsequent price changes.
Historical Price Data:
In addition to real-time prices, Coinbase Wallet also stores historical price data for various cryptocurrencies. This data can be accessed by users to analyze market trends and make informed investment decisions.
Updates and Adjustments:
The Coinbase Wallet team regularly reviews and adjusts the pricing mechanisms to ensure accuracy and reliability. Updates may include changes to the data sources, calculation methods, or lock feature parameters.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Decentraland (MANA) Price Soars 10% to Two-Month High of $0.31, Bullish Trend May Extend Rally
- 2025-04-21 19:00:13
- AI Activity Data from Phoenix Group Indicates Strong Engagement for Injective ($INJ), Fetch.ai ($FET), and $ARC
- 2025-04-21 19:00:13
- Solana (SOL) Price Prediction: Will the Whale Buy the Dip and Spark a New Bull Market?
- 2025-04-21 18:55:14
- JUP, the native token of Jupiter exchange, is on the move
- 2025-04-21 18:55:14
- BingX Lists EPT, the Native Token for Balance.fun, on Its Spot Market and Xpool
- 2025-04-21 18:50:13
- Ethereum Gas Fee Drops to Record Lows, Average Transaction Now Costs Only $0.01
- 2025-04-21 18:50:13
Related knowledge

How do I buy SOL with a wallet like MetaMask?
Apr 20,2025 at 01:35pm
How do I Buy SOL with a Wallet Like MetaMask? Purchasing Solana (SOL) using a wallet like MetaMask involves a few steps, as MetaMask primarily supports Ethereum and Ethereum-based tokens. However, with the help of decentralized exchanges (DEXs) and some intermediary steps, you can acquire SOL. This article will guide you through the process in detail. S...

How do I buy and sell SOL directly with a cryptocurrency wallet?
Apr 19,2025 at 05:35pm
Introduction to Buying and Selling SOL with a Cryptocurrency WalletBuying and selling Solana (SOL) directly from a cryptocurrency wallet offers a convenient and secure way to manage your digital assets. Cryptocurrency wallets are essential tools for anyone looking to interact with the Solana blockchain. They allow you to store, send, and receive SOL wit...

How do I withdraw SOL to my own wallet?
Apr 20,2025 at 04:21pm
Introduction to Withdrawing SOL to Your Own WalletWithdrawing Solana (SOL) to your own wallet is a straightforward process, but it requires careful attention to detail to ensure that your funds are transferred safely and efficiently. SOL is the native cryptocurrency of the Solana blockchain, known for its high throughput and low transaction fees. Whethe...

From search to installation: OKX Wallet download process FAQ
Apr 17,2025 at 02:00pm
The OKX Wallet is a popular choice among cryptocurrency enthusiasts for managing their digital assets securely and efficiently. Understanding the process from searching for the wallet to its installation can be crucial for new users. This article will guide you through the entire process, providing detailed steps and answers to frequently asked question...

Attention iOS users! OKX Wallet is now available on App Store in some regions. How to check its availability?
Apr 20,2025 at 05:21pm
Attention iOS users! OKX Wallet is now available on App Store in some regions. If you're eager to check its availability and start using this versatile cryptocurrency wallet, follow our detailed guide. We'll walk you through the steps to confirm if OKX Wallet is accessible in your region, and provide insights into its features and benefits. Checking OKX...

How can Android users safely download OKX Wallet? Official channel identification guide
Apr 19,2025 at 10:50pm
How can Android users safely download OKX Wallet? Official channel identification guide Ensuring the safety and security of your cryptocurrency assets begins with downloading apps from trusted sources. For Android users interested in using OKX Wallet, it's crucial to identify and use the official channels to avoid downloading malicious software. This gu...

How do I buy SOL with a wallet like MetaMask?
Apr 20,2025 at 01:35pm
How do I Buy SOL with a Wallet Like MetaMask? Purchasing Solana (SOL) using a wallet like MetaMask involves a few steps, as MetaMask primarily supports Ethereum and Ethereum-based tokens. However, with the help of decentralized exchanges (DEXs) and some intermediary steps, you can acquire SOL. This article will guide you through the process in detail. S...

How do I buy and sell SOL directly with a cryptocurrency wallet?
Apr 19,2025 at 05:35pm
Introduction to Buying and Selling SOL with a Cryptocurrency WalletBuying and selling Solana (SOL) directly from a cryptocurrency wallet offers a convenient and secure way to manage your digital assets. Cryptocurrency wallets are essential tools for anyone looking to interact with the Solana blockchain. They allow you to store, send, and receive SOL wit...

How do I withdraw SOL to my own wallet?
Apr 20,2025 at 04:21pm
Introduction to Withdrawing SOL to Your Own WalletWithdrawing Solana (SOL) to your own wallet is a straightforward process, but it requires careful attention to detail to ensure that your funds are transferred safely and efficiently. SOL is the native cryptocurrency of the Solana blockchain, known for its high throughput and low transaction fees. Whethe...

From search to installation: OKX Wallet download process FAQ
Apr 17,2025 at 02:00pm
The OKX Wallet is a popular choice among cryptocurrency enthusiasts for managing their digital assets securely and efficiently. Understanding the process from searching for the wallet to its installation can be crucial for new users. This article will guide you through the entire process, providing detailed steps and answers to frequently asked question...

Attention iOS users! OKX Wallet is now available on App Store in some regions. How to check its availability?
Apr 20,2025 at 05:21pm
Attention iOS users! OKX Wallet is now available on App Store in some regions. If you're eager to check its availability and start using this versatile cryptocurrency wallet, follow our detailed guide. We'll walk you through the steps to confirm if OKX Wallet is accessible in your region, and provide insights into its features and benefits. Checking OKX...

How can Android users safely download OKX Wallet? Official channel identification guide
Apr 19,2025 at 10:50pm
How can Android users safely download OKX Wallet? Official channel identification guide Ensuring the safety and security of your cryptocurrency assets begins with downloading apps from trusted sources. For Android users interested in using OKX Wallet, it's crucial to identify and use the official channels to avoid downloading malicious software. This gu...
See all articles
