How often does the open interest data get refreshed for popular altcoins?

3 answers

• Mohamed MohyAug 10, 2021 · 4 years ago
  The refresh rate of open interest data for popular altcoins varies depending on the exchange platform. Generally, most exchanges update this data in real-time or with a delay of a few minutes. This ensures that traders have access to the most up-to-date information to make informed decisions. It's important to note that different altcoins may have different refresh rates, so it's always a good idea to check with the specific exchange platform or refer to their documentation for accurate and timely information.
  515

  258
• Albrechtsen ArmstrongMay 05, 2024 · a year ago
  The open interest data for popular altcoins is usually refreshed frequently to provide traders with the latest market insights. This data is crucial for understanding the market sentiment and predicting price movements. Most exchanges update this data in real-time or with a short delay, ensuring that traders have access to the most recent information. However, it's worth noting that the refresh rate may vary slightly between different altcoins and exchanges. It's always a good practice to check the exchange's website or API documentation for the most accurate and up-to-date information.
  593

  198
• abdiwasacDec 12, 2021 · 4 years ago
  From my experience at BYDFi, a popular altcoin exchange, the open interest data for popular altcoins is refreshed in real-time. This means that traders have access to the most up-to-date information regarding open interest for altcoins. Real-time updates are crucial for traders to make informed decisions and stay ahead of market trends. It's important to choose an exchange that provides real-time updates for open interest data, as it can greatly impact trading strategies and profitability.
  494

  124