Btc Bitcoin
76,893 .28
+2.06%
89 .85 SGD 6,801,136 .79

Order Book BTC / SGD

Buyers
Price (SGD)Volume (BTC)
76,518 .44 0 .48363496
76,495 .38 0 .19710000
76,465 .73 0 .19710000
76,463 .58 1 .50000000
76,427 .37 0 .05590000
76,419 .48 0 .08547869
76,411 .85 0 .16800000
76,401 .49 1 .50000000
76,119 .67 0 .29839059
76,112 .07 0 .16000000
76,060 .88 0 .54500000
76,043 .03 0 .51583233
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Sellers
Price (SGD)Volume (BTC)
77,203 .97 1 .91721165
77,261 .35 1 .50000000
77,297 .86 0 .05590000
77,304 .81 0 .16800000
77,308 .30 1 .07366160
77,317 .09 0 .19710000
77,323 .93 0 .41782457
77,323 .95 1 .50000000
77,353 .73 0 .14840570
77,361 .48 0 .19710000
77,380 .29 0 .00010000
77,764 .08 0 .52784484
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Recent Trades

Time Price Volume (BTC)
551 milliseconds
AUD 74,000 .00 0 .00200000
18 seconds
AUD 74,000 .00 0 .00200000
36 seconds
AUD 74,000 .00 0 .00200000
48 seconds
AUD 74,000 .00 0 .00200000
59 seconds
AUD 74,000 .00 0 .00200000
1 minute
AUD 74,000 .00 0 .00200000
1 minute
AUD 73,975 .00 0 .00200000
1 minute
AUD 74,000 .00 0 .00200000
2 minutes
AUD 74,000 .00 0 .00200000
2 minutes
AUD 74,000 .00 0 .00200000
2 minutes
AUD 73,985 .00 0 .00200000
2 minutes
AUD 73,980 .00 0 .00200000
3 minutes
AUD 73,975 .00 0 .00200000
3 minutes
AUD 73,985 .00 0 .00200000
3 minutes
AUD 74,000 .00 0 .00200000

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.