To construct the spot index for crypto pairs, used in Fair Market Pricing calculations, EMX relies on spot prices from six crypto exchanges: Bitfinex, Bitstamp, Bittrex, Coinbase Pro, Gemini, and Kraken.
If 4 or more spot exchanges are online, the highest and lowest prices are thrown out and the index price is the average price of the remaining prices.
If 3 or fewer spot exchanges are online, the index price is the average price from all of the online exchanges.
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