What is the basis of contract index?

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3 years ago

Bityard uses a K-line weighted average that pulls data from 3 major crypto exchanges which are Binance(30%) & OKEx(40%) & Huobi(30%) to display the fairest and most accurate cryptocurrency prices,Bityard does not generate a price, which guarantees the fairness of the transaction,Trading users and liquidity providers only quote around the cryptocurrency price and make a match,and users use this price to close their positions,to prevents the trading users from being liquidated due to price changes or artificial price adjustments.
https://m.bityard.com/?ru=ah9Atr

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