What is the definition of indicative pricing in the context of cryptocurrencies?

3 answers

• Sears WhitleyMar 04, 2024 · 2 years ago
  Indicative pricing in the context of cryptocurrencies refers to the estimated or approximate price of a cryptocurrency at a given moment. It is often used in situations where there is limited liquidity or trading volume, making it difficult to determine the exact market price. Indicative pricing provides investors with an idea of the potential value of a cryptocurrency, but it should not be relied upon as the actual market price. It is important to note that indicative pricing can vary across different exchanges and platforms due to factors such as order book depth and trading volume.
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• stackyyNov 30, 2022 · 3 years ago
  Indicative pricing is like a ballpark figure for the price of a cryptocurrency. It gives you a rough estimate of what the price might be, but it's not set in stone. Think of it as a guide rather than an exact value. Indicative pricing is often used when there is low trading volume or limited liquidity, which makes it harder to determine the true market price. So, if you see an indicative price for a cryptocurrency, take it with a grain of salt and consider it as an approximation rather than a definitive value.
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• Alarab TransportNov 29, 2023 · 2 years ago
  Indicative pricing is a term commonly used in the cryptocurrency industry to describe the estimated price of a cryptocurrency. It is important to understand that indicative pricing is not the same as the actual market price. Indicative pricing is often provided by exchanges and trading platforms to give users an idea of the potential value of a cryptocurrency. However, it should be noted that the actual market price may differ from the indicative price due to factors such as market volatility, liquidity, and trading volume. It is always recommended to refer to the actual market price when making trading decisions.
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