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RE: Why I recomend 1hour candle charts, if your a new trader..

in #trading7 years ago (edited)

Its best to consider Coinbase an institutional bank rather than an exchange. Your pricing for USD to BTC, ETH, or LTC is pre-determined at a fixed rate that is periodically updated.

Rather than use Coinbase, you will get a better rate if instead you convert USD to BTC via GDAX (the sister exchange to Coinbase) or Kracken if you are a US citizen. In addition these three exchanges can be used within Coinigy.

PS: Coinbase does not have API integration with Coinigy. This is likely because Coinbase does not offer an exchange market, but it's sister site GDAX does.