How is the market average price calculated on this website?
The market average price is determined by calculating the Volume Weighted Average Price (VWAP) across various exchanges. The following exchanges are used when calculating the market average price: Cryptsy, BTCChina, Bitstamp, BTER, OKCoin, Coinbase, Poloniex, Cexio, BTCE, BitTrex, Kraken, Bitfinex, Yacuna, LocalBitcoins, Yunbi, itBit, HitBTC, btcXchange, BTC38, Coinfloor, Huobi, CCCAGG, LakeBTC, ANXBTC, Bit2C, Coinsetter, CCEX, Coinse, MonetaGo, Gatecoin, Gemini, CCEDK, Cryptopia, Exmo, Yobit, Korbit, BitBay, BTCMarkets, Coincheck, QuadrigaCX, BitSquare, Vaultoro, MercadoBitcoin, Bitso, Unocoin, BTCXIndia, Paymium, TheRockTrading, bitFlyer, Quoine, Luno, EtherDelta, bitFlyerFX, TuxExchange, CryptoX, Liqui, MtGox, BitMarket, LiveCoin, Coinone, Tidex, Bleutrade, EthexIndia, Bithumb, CHBTC, ViaBTC, Jubi, Zaif, Novaexchange, WavesDEX, Binance, Lykke, Remitano, Coinroom, Abucoins, BXinth, Gateio, HuobiPro, and OKEX. This list of exchanges continues to grow each month.
How frequently are the prices updated?
The prices are updated every minute (every 60 seconds).
What is Market capitalization (market cap) and how is it calculated?
Market capitalization is the total market value of coins in a specific network. It is measured by multiplying the price of a coin by the coin’s circulating Supply. The formula is Price Per Coin X Circulating Supply.
Does your company track any other cryptocurrencies?
Yes, we sure do. Along with tracking the current Ripple price, we also track the current and historical price of many other cryptocurrencies. Visit www.cryptocurrencypricing.org to see the latest cryptocurrency prices, charts, market caps, historical data, trading volume and much more for all the top cryptocoins in the world.