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Understanding Average Price Calculation: Coinbase vs CoinStats

Written by Martha

When tracking your crypto portfolio, you may notice differences between the price shown on an exchange like Coinbase and the price displayed in CoinStats.

📊 Coinbase Price Display

On Coinbase, the price shown in the trading interface reflects the real-time market price at the exact moment you initiate a trade.

  • Example: You place a buy order and see a price of $85.1

  • This value represents the live market rate, which can fluctuate rapidly due to market conditions

📊 CoinStats Price Display

When third-party platforms like CoinStats connect to Coinbase via API, they receive aggregated trade data, not the exact execution price shown on Coinbase.

  • Example: API returns an average price of $86.8

  • This is typically the average coin price for the day when the trade occurred

  • It may include multiple trades or price movements throughout the day

⚠️ Why the Difference Matters

Because of these differences in data sources:

  • The price in Coinbase reflects the exact execution moment

  • The price in CoinStats reflects the exact execution price provided directly by the exchange API

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