Binance: questioning on USDT vs REAL USD value?

in #cryptocurrency • 7 years ago

it is quite confusing to me when i try finding out the mechanism or the real current USD values to USDT at Binance exchange.
Eg.

  • Last Price - 0.038135 BTC, $612.
  • coinmarketcap says it's $643. Coinbase is even "worse" at $680 atm. - and if I go and calculate these 2 numbers.. divide ETH $612 with the BTC value I get that the BTC in this calculation is indeed = $16.048. Just like the BTC/USDT pairing says it is.
    And to make things worse.. I also spent certain $$$ to buy my ETH at Coinbase, trasnfered it to Binance.. and now I wanna know how much it had changed. And all I get is this ambiguious price and a graph that is just a relation to BTC.

Please help me understand this

#binance #trading #pricing
7 years ago in #cryptocurrency by
$0.00
    2 votes
    Reply 0

    Coin Marketplace

    STEEM 0.16
    TRX 0.15
    JST 0.028
    BTC 56160.19
    ETH 2367.48
    USDT 1.00
    SBD 2.31