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I wonder how the Lumen value is being derived. I assume whatever current worth is on Coinbase Pro at the time the amount is sent, considering they namedrop Coin
by byproxy 7y ago
I wonder how the Lumen value is being derived. I assume whatever current worth is on Coinbase Pro at the time the amount is sent, considering they namedrop Coinbase Pro as a place to buy Lumens.
- malgorithms 7y agoCoinMarketCap's paid API. We're open to considering other data sources.
- modeless 7y agoI would suggest OpenMarketCap instead. CoinMarketCap is known to include exchanges that fake their volume and I wouldn't be surprised if their price data is somewhat manipulated too. https://openmarketcap.com/exchanges/faq https://openmarketcap.com/exchanges/faq
- electic 7y agoCorrect. The price especially is wrong on CMC when there is high volume events. I also invite the OP to check out Blockmodo's API. We deliver this data to developers and institutional investors. https://blockmodo.com/docs/api https://blockmodo.com/docs/api We stream everything which includes the price, trades, news, social media and community posts, and code checkins. On the price side, we have two channels. We have a stream channel and a ticker channel. The stream channel derives the price of tokens by looking at raw trades from a select set of exchanges which have been vettted. We are based in SF and happy to help at no charge! Drop us a note.