Btc Bitcoin
76,973 .00
−0.88%
64 .22 SGD 5,036,208 .59

Order Book BTC / SGD

Buyers
Price (SGD)Volume (BTC)
76,734 .84 0 .20211216
76,717 .96 0 .08270000
76,707 .97 0 .48515917
76,704 .87 0 .12900000
76,652 .82 0 .50180000
76,625 .75 0 .27798013
76,574 .70 1 .50315102
76,572 .76 0 .75941236
76,568 .71 0 .16085715
76,490 .51 0 .95600000
76,490 .50 0 .44370000
76,460 .92 0 .13936725
Page 1 of 58
Sellers
Price (SGD)Volume (BTC)
77,192 .20 0 .35692225
77,192 .21 0 .32537675
77,192 .22 1 .50000000
77,257 .47 0 .05514351
77,284 .18 0 .13855019
77,289 .09 0 .20298546
77,289 .10 0 .08270000
77,295 .77 0 .12900000
77,314 .69 0 .08270000
77,453 .89 0 .13824661
77,455 .83 0 .09841600
77,455 .84 0 .95600000
Page 1 of 37

Recent Trades

Time Price Volume (BTC)
17 seconds
AUD 79,369 .99 0 .06268268
5 minutes
AUD 79,250 .01 0 .00029447
12 minutes
AUD 79,479 .99 0 .00012519
17 minutes
AUD 79,404 .99 0 .00313275
18 minutes
AUD 79,404 .99 0 .12558503
18 minutes
AUD 79,404 .87 0 .17117045
18 minutes
AUD 79,404 .86 0 .08000000
18 minutes
AUD 79,433 .53 0 .25107981
20 minutes
AUD 79,537 .91 0 .00024391
20 minutes
AUD 79,538 .17 0 .00625501
21 minutes
AUD 79,505 .31 0 .00223755
22 minutes
AUD 79,494 .60 0 .00105671
23 minutes
AUD 79,555 .00 0 .00020000
25 minutes
AUD 79,654 .35 0 .00062458
25 minutes
AUD 79,495 .62 0 .13834289

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.