Knowledge base | Whaleclub

How is the turbo price for BTC/USD calculated?

The turbo price for BTC/USD is an average of prices across exchanges. We use this method for redundancy (in case an exchange goes offline) and to avoid turbo price manipulation (a large buyer or seller can influence the price short-term by placing orders on the exchanges). The turbo price is calculated by averaging prices from 6 exchanges, equally weighted: OKCoin USD, OKCoin China, BTC China, Bitstamp, HuoBi, and Coinbase. CNY prices are converted to USD.