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altFINS’ unique data structure gives traders an efficient way to navigate and analyze crypto assets.

Generally, for technical analysis, we recommend using the Pairs View, while for trading, you’ll use Assets View.

Our platform ingests order book data directly from exchanges in real-time through APIs and then it organizes price data on three levels (views):

Note: An illustrative example of altFINS’ three levels of data aggregation.

 

1. Assets View is the most granular view of the data as it shows coin prices on individual exchanges in their native or fiat value. This view is ideal for when you’re ready to trade on a specific exchange or for comparing prices and volumes across exchanges for a specific coin pair.  Example: ADA / ETH on Binance exchange, or ADA / ETH on Bitfinex.

2. Pairs View aggregates coin pairs across exchanges; it’s ideal for screening markets. For instance, ADA/ETH pair trades on many exchanges including Binance, BitFinex, HitBTC, Bittrex, Kraken, etc. and the prices often differ slightly. altFINS uses rolling 1-month volume-based weights to calculate the volume-weighted average price from many exchanges.  So if Binance trading in ADA/ETH is 30% of the total volume over the last 1 month, then altFINS asigns a 30% weight to Binance’s price in the calculation of the overall ADA/ETH price. The Pairs view is ideal for screening coins because it captures a bigger chunk of the trading volume than a single exchange would and thus is a more accurate representation of the price.  It’s also ideal for analyzing Bid/Ask volumes and prices.

3. Coins View is the highest level of aggregated pricing and indicator data.  This view calculates a USD price for a coin.  If a direct pair is available (example: ADA/USD), then we use that price (aggregated across exchanges).  If a direct pair is not available, then we use a USD proxy stable coin pair such as ADA/USDT and convert that to USD based price.  If these options are not available for a coin, then we look for a BTC or ETH quote (ADA/BTC, ADA/ETH) and then calculate a USD price using BTC/USD or ETH/USD prices.