What Is Price?
Now, there are many, many, different ways to check the price of one bitcoin. First, let’s make one thing clear. Price is the amount of money that people or bots are willing to pay for a bitcoin. So, the price can vary across exchanges. Coinbase, the largest exchange, and Gemini might have two different prices. But the difference is usually not that great; the exchanges tend to follow each other. If the price plunges on one exchange, it will plunge on the other one. It would be weird if the prices were too far apart, not to mention a way to make easy money.
Surprise: There is not just one website in the world!
There are several different websites that can be used to check the bitcoin price. Most of them are accurate. Every cryptocurrency exchange’s website will tell you the price. But, we have found that a higher rate of refresh is better. What we mean by that is that it is better when the price updates every time a trade goes through, tick by tick. Seeing the price change every millisecond is a lot more fun than watching it update every five seconds. It also is more accurate, if you care about time scales that short.
BitcoinTicker.co is a website that shows the price of bitcoin, tick by tick. It will update every time a trade goes through, so basically every few milliseconds. You have to select the exchange from which you want to view the current trading price. We would recommend selecting Coinbase because it tends to have one of the largest trading volumes, or Kraken if you are British. Click below to go to this website and view the price of bitcoin. It is as entertaining to watch as an action movie. And these days, with all the volatility, there is never a dull moment.
Just remember, if you want to quickly check the price of bitcoin without looking at complex charts you can go to our website’s crypto page.
Images from Pixabay.com