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Coinbase uses bitstamp under the hood. It's just a mapping of bitstamp to the north american market.
by maaku 13y ago
Coinbase uses bitstamp under the hood. It's just a mapping of bitstamp to the north american market.
- Aqwis 13y agoReally? That's news to me.
- maaku 13y agoThey don't run their own exchange, except presumably when their own customers happen to have matching trades. Otherwise they use bitstamp as the clearing house - they basically act as a brokerage. The price you see on their site is just a filtered version of the current bitstamp price: http://www.reddit.com/r/Bitcoin/comments/1mjjfb/how_i_successfully_manipulated_coinbases_price/ http://www.reddit.com/r/Bitcoin/comments/1mjjfb/how_i_succes...