Use This Price: New Bitcoin Price Index For Tracking BTC Exchange Rates
It is not completely uncommon for people who are not very experienced in the cryptocurrency market to feel overwhelmed. One of the issues that some people face is to understand the price of the Bitcoin very well.
Fortunately, a new solution has been recently launched for the people who are interested in knowing the full price of this token instantly without having to browse via many sites: Use This Price.
What Is Use This Price?
Use This Price is a site created to show the market price of Bitcoin in real time. At the moment, the site is able to track the price of the tokens in four different exchanges: Binance, Coinbase, Bitfinex and OKex.
These exchanges were chosen because they are very popular and representative of the market at large. While the company is still looking for more exchanges to add to the site, these four can give the users a good idea of how the market for Bitcoin is at a certain moment.
This site was created as a solution to stop people from having to google many sites to know the price of Bitcoin. By tracking the top 4 exchanges in the market, the price index can give answers quickly to the user and streamline this part of investing, thus saving the time of the user.
How To Check Bitcoin’s Price on Use This Price?
To use this platform, all that you have to do is to visit the site. As soon as you are there, you will see a large green number indicating how much 1 BTC is worth in USD at the time. You will also have the option to see the exact price of the token on the four exchanges, their weight and when was the site last updated.
The site also has the option for you to decide how much BTC or USD you want to know is worth in USD or BTC, respectively.
The Use This Price Verdict
While this is certainly a very simple site, it can also be a quite useful one. The site is 100% secure, the information is accurate and you do not need to pay anything or even create an account, so there is no reason why you should not use the services of this company. If you are a trader or a miner, you might like the site.