We all want to know we’re paying the best price possible. This is a universal truth for household appliances, designer items and, of course, cryptocurrencies.

When buying or selling assets,  understanding how your broker or exchange determines  prices isn’t just a “nice to know”. It fosters trust in the platform you’re using, and helps you know if you’re actually getting the best prices on the market.  Although, with the vast array of exchanges and brokers in the crypto market, this is easier said than done. 

But Altify is making sure that isn’t the case for you. With a system designed to give you more confidence, Altify brings the best crypto prices from around the globe to your fingertips. 

The Altify Smart Trade System

The key lies in the advanced internal pricing model, Altify’s Smart Trade System.

This smart order routing and execution engine pulls information from cryptocurrency exchanges around the world, like Binance and Kraken. Then it combines their prices to find the best one.

When you look at a cryptocurrency price on Altify, you’re tuned into a live stream that shows a mix of worldwide prices. The Altify system continuously checks these prices to make sure they’re accurate.

With Altify, you’re always in the know when it comes to the world’s best prices and international liquidity. Learn more about the benefits of the Altify Smart Trade system read here.

‍How Does Altify Calculate Its Cryptocurrency Prices?

Every cryptocurrency price and tradable market you see on the Altify dashboard is taken  from Altify’s hundreds of globally aggregated and collated order books. This ensures that you’re always getting the most competitive price for each cryptocurrency.

But that doesn’t mean that the System lacks security. Altify's system requires a cryptocurrency to meet certain criteria for its price to be calculated and for a tradable market to be established. For example, the cryptocurrency must be able to be traded for US Dollar Tether (USDT), the digital version of the US dollar. It also needed to have a trading pair with other currencies like the EUR, GBP or ZAR against either USDT or Bitcoin (BTC). 

From these requirements, a cryptocurrency price and market can then be created:

Example: SOL/ZAR Market and Price on Altify

Altify’s globally collated order book mid-prices:

• SOL/USDT: $195.00 
• BTC/USDT: $70,800
• BTC/ZAR: R1,380,000

Price of SOL/ZAR =  (SOLUSDT / BTCUSDT) * (BTCZAR)

Price of SOL/ZAR = ($195.00 / $70,800) * R1,380,000

Price of SOL/ZAR = R3,800 Per Solana

How Does Altify Calculate My Live Quote?

Depending on the market you’ve selected, the Altify Smart Trade System will provide you s with quotes based on the best possible global prices available in the market.

Similar to the SOL/ZAR example, when requesting a quote, Altify’s Smart Trade System utilises its hundreds of internal order books to explore multiple routes to find optimal execution . These optimal routes are based on trade size, asset selection and price. 

Once a route is determined, the system provides you with a quote  and holds it for 10 seconds. If you  don’t decide within this time frame, you’ll have to request a refreshed price.

Why Is My Portfolio Value Different After Executing?

 A lot of factors can affect how much your assets or portfolio are worth:

1. Market Fluctuations Post Execution

The most likely reason  for a discrepancy is the simple fact that the crypto market has moved since your purchase. Cryptocurrency markets are highly volatile, with prices fluctuating by more than 10.00% in a matter of seconds. These fluctuations may cause your portfolio value to differ from your initial estimation.

2. Trade Fees

The  Altify's Smart Trade System aims to save you money through competitive prices and global liquidity, trading fees are inevitable. Altifys trading fees include  a displayed fee and, where applicable, a spread that  is included in the price. Factors like market conditions, asset trades, order size and type of trade can all affect the spread. 

Altify Brings Out the Best

The crypto landscape is competitive — you should be using that to your advantage by always looking for the best price.

 Altify wants to make investing easier for you, the end user.  Through its sophisticated internal pricing model and the strategic connection to worldwide data, Altify effectively removes the task of manual price comparison.  

 The Platform You Can Trust

Discover where precision pricing meets strategic trading. Altify at prioritises accuracy and competitiveness so you can trade with confidence.