• Bitcoin Average Price Widget 1
  • Bitcoin Average Price Widget 2
  • Bitcoin Average Price Widget 3

Bitcoin Average Price Widget

Bitcoin Average Price Widget is a widget unlike android has ever seen before! Both functional & beautifully designed, this widget will keep track of the price while you are trading bitcoins. Never miss a price change! Unlike most bitcoin applications on the Play Store, this widget has a unique approach to calculating the price of bitcoin.The Bitcoin Average Price Widget employs an algorithm that is used to calculate a more reliable bitcoin price. The widget does this by pulling bitcoin ticker data from several top bitcoin exchanges. After downloading the bitcoin data, it applies a weighting algorithm to the bitcoin exchange data. This algorithm weights each bitcoin exchange ticker by its percentage of total market volume. An exchange volume-weighted average price (VWAP), has several benefits:
- True indicator of market sentiment
- Resistant to exchange price manipulation or hacking.
- Since the bitcoin price is weighted by volume, more trusted exchanges will bear more weight. Also, one exchange being manipulated will not drastically affect the volume-weighted price.The Bitcoin Average Price Widget uses data from the following exchanges:
- OKCoin
- Bitfinex
- Coinbase
- BTC-e
- CEX.IO
- Kraken
- ItBitSpecial thanks to the creator of the XChange API, which is used to pull data from some of the listed exchanges.
The Bitcoin Average Price Widget employs an algorithm that is used to calculate a more reliable bitcoin price. The widget does this by pulling bitcoin ticker data from several top bitcoin exchanges. After downloading the bitcoin data, it applies a weighting algorithm to the bitcoin exchange data. This algorithm weights each bitcoin exchange ticker by its percentage of total market volume.

An exchange volume-weighted average price (VWAP), has several benefits:
- True indicator of market sentiment
- Resistant to exchange price manipulation or hacking.
- Since the bitcoin price is weighted by volume, more trusted exchanges will bear more weight. Also, one exchange being manipulated will not drastically affect the volume-weighted price.

The Bitcoin Average Price Widget uses data from the following exchanges:
- OKCoin
- Bitfinex
- Coinbase
- BTC-e
- CEX.IO
- Kraken
- ItBit

Special thanks to the creator of the XChange API, which is used to pull data from some of the listed exchanges.

Easily, realtime, auto-refresh with any currencies.

Category : Finance

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Reviews (1)

Ale. C. Jan 11, 2017     

When trying to add thw widget, i get an error message of app not installed.