Bitcoin Price - BTC / SGD : $45,188.44

  • Aud Australian Dollar
  • Usd US Dollar
  • Nzd New Zealand Dollar
  • Sgd Singapore Dollar
Btc Bitcoin
 45,188 .44
−0.55%
163 .37 SGD 7,438,616 .14

Order Book BTC / SGD

Buyers
Price (SGD)Volume (BTC)
44,944 .40 1 .50000000
44,944 .39 0 .43744088
44,933 .79 0 .22744436
44,928 .97 1 .50000000
44,865 .48 0 .24867628
44,861 .01 0 .23200000
44,861 .00 0 .07900000
44,860 .99 0 .41490000
44,808 .30 0 .79200000
44,804 .52 0 .57879618
44,763 .04 0 .24930677
44,758 .56 6 .34700000
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Sellers
Price (SGD)Volume (BTC)
45,410 .19 0 .17527102
45,410 .28 0 .23200000
45,410 .33 0 .07900000
45,420 .59 1 .50000000
45,430 .80 0 .40656844
45,441 .06 1 .50000000
45,461 .95 0 .24765371
45,463 .22 0 .79200000
45,467 .77 0 .24500000
45,483 .66 0 .24500000
45,637 .00 0 .61489453
45,653 .41 0 .49355761
Page 1 of 35

Recent Trades

Time Price Volume (BTC)
5 minutes
AUD 44,338 .65 0 .09387912
8 minutes
AUD 44,415 .05 0 .05415233
10 minutes
AUD 44,415 .07 0 .10000000
24 minutes
AUD 44,326 .34 0 .01251593
27 minutes
AUD 44,479 .99 0 .01342210
28 minutes
AUD 44,404 .96 0 .03400000
28 minutes
AUD 44,310 .07 0 .00516188
28 minutes
AUD 44,325 .00 0 .24830000
28 minutes
AUD 44,424 .95 0 .01000002
28 minutes
AUD 44,455 .54 0 .11190962
32 minutes
AUD 44,665 .00 0 .24670000
32 minutes
AUD 44,784 .97 0 .06265189
32 minutes
AUD 44,665 .00 0 .24610000
33 minutes
AUD 44,712 .22 0 .04000000
34 minutes
AUD 44,505 .01 0 .24730000

Bitcoin Price

Price basics

The Bitcoin price is based off the cost of one whole Bitcoin, similar to the way that shares in a company are priced in a share market. Unlike traditional share markets, however, you may buy and sell fractional amounts of Bitcoin. For example, if the Bitcoin market price is $12 000, you can buy 0.5 Bitcoin for $6 000. You can read more about this in the What is Bitcoin page. The price of Bitcoin on Independent Reserve is purely based off the trading behaviours of our customers. As explained in the How to buy Bitcoin page, Independent Reserve is purely an open order book exchange. We do not supply Bitcoin - when you buy Bitcoin here you are simply buying it directly off another Independent Reserve customer who is looking to sell. The Bitcoin price will go up when there are more buyers than sellers, and the price will go down when there are more sellers than buyers.

Arbitraging

It's important to understand that with Bitcoin and most cryptocurrencies, exchanges are not connected. This means that on one exchange the price can conceivably be quite different to another exchange. If the market price between two exchanges diverges enough, this presents an arbitrage opportunity, where Bitcoin can be bought on the exchange with the lower price, transferred to the other exchange, and then sold for a profit. This is the main mechanism that keeps prices on different exchanges in line with each other.

Volatility

The Bitcoin price has historically been quite volatile when compared with traditional share markets. This makes it a commodity to trade, where proportionally high gains (and losses!) can be realised in relatively quick time periods.