Trading Pairs and Collateral
Last updated
Last updated
On the trade screen, you will find a navigation bar on the left side that displays all the available trading pairs.
Once you select a trading pair, you will see a graph and important data related to the pricing of that specific pair. The displayed data includes the current price of the pair and the price change over the past 24 hours.
Below this key data, there is a chart that tracks the price of the selected pair over a time period of your choice. You can switch the timeframe of the chart by clicking on the relevant buttons.
It's important to note that cryptocurrencies are traded peer-to-peer, meaning there is no fixed price for assets at any given moment. The price you see listed on our platform is determined internally through our calculations, which are based on information collected from multiple sources through our Oracles.
For more detailed information on how this pricing system functions, please refer to the 🧿 | Oracle System of the document.
USDC, which stands for USD Coin, is a stablecoin developed by Circle. It is designed to maintain a fixed value relative to a non-digital asset, specifically the US Dollar. In normal circumstances, the value of USDC is intended to remain constant, with very minimal fluctuations. This means that 1 USDC is generally equal to $1.
If you would like to gather more information about USDC, please visit the following link: https://www.circle.com/en/usdc
