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Sources of Platform Indices

Updated over a week ago

Dear BitDa Users,

Our index price is a weighted composite of spot prices from major global exchanges such as Binance, Huobi, and OKX. The buy and sell prices on the order book are provided by liquidity providers and users, and BitDa matches the orders. You can view the buy and sell prices on the "Buy Long" and "Buy Short" buttons. The exchange itself does not generate prices, ensuring fairness.

Why is our price different from Binance's?

The buy and sell prices on the order book are provided by liquidity providers and users, and BitDa matches the transactions. As a result, the market trend on BitDa may not exactly match Binance's, though it generally follows a similar direction. Our price is not based on Binance's over-the-counter market, so occasional price differences are normal. For the most accurate market data, please refer to BitDa's transaction prices.

Thank you for supporting BitDa!

The BitDa Team

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