Crypto-Aggregator: An Open Source Alternative to CoinMarketCap

Written by Ourarash | Published 2019/08/31
Tech Story Tags: cryptocurrency | trading | vwampp | volume-weighted-average | latest-tech-stories | coinmarketcap | bitcoin-real-price | currency-pairs

TLDR A NodeJs library for calculating Volume Weighted Average Market Pair Price (VWAMPP) is open source alternative to websites such as coinmarketcap.com. The code continuously fetches the prices from all given exchanges and calcualtes the average price, where the price from each exchange is weighted by its volume. The VWAMPP is a great approach in calculating a fair price for each cryptocurrency, but the problem is that not every exchange reports the price of each cryptocurrency directly in US Dollars.via the TL;DR App

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Published by HackerNoon on 2019/08/31