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Tether Indicative Price (TIP)

Show HN: Tether Indicative Price (TIP)

Tether Indicative Price (TIP) operates in show hn launch.

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The price of Tether on coinmarketcap has become at times extremely skewed versus the fair value observed in the market. Thus we present a tether price index which attempts to represent the realistic fair value of USD/USDT as witnessed across the global market as a whole. It is our hope that this index will provide a valuable pricing signal as an alternative to cmc or the relatively illiquid USD/USDT markets that exist on Kraken and Bittrex.The Tether Indicative Price (TIP) is an index produced at 1-minute intervals by sampling the price of Bitcoin and Ether against USD and USDT across some of the biggest exchanges. For exchanges that use USD, we calculate a price for BTC and ETH weighted by

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Website: www.tether.watch

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