Then how they’re saying the price is 53k if that’s not correct
Discussion
I am not sure I understand the question.
What leads you to assume the p4ice they are shoeing is incorrect?
Perhaps what you are doing is an instant buy where some exchanges have a mark-up on price. Usually if you take an order from an actual market offer then exchanges charge less than 1% fee.
I’m not assuming the price they’re showing is incorrect. But I also don’t wanna take for granted the price they’re showing is the correct one.
I don’t know what an instant buy is yet. But this takes me back to my question. What if I’m doing an instant buy and the price is higher?
Don’t anybody double check the price they’re paying?
Most changes have an "Instant buy" or some such button where you enter in an amount of fiat and it will buy you bitcoin.
This is very easy but usually not the most bitcoin you can get per dollar.
If you use an exchange with a trading interface then you can pick the exact price that you are willing to pay. That way you can look at what the current buy and sell orders are and choose exactly what you are willing to spend.
Good information. But what I needed to know is where do you guys check the correct price?
Apparently today is 53k, it’s also on the knews on tv. Where do you go to confirm that number?
You can pick an exchange and look at trade history.
For example this link takes you to the trading page on Coinbase
https://www.coinbase.com/en-ca/advanced-trade/spot/BTC-USD
On the side there is a column called trade history and you can see all of the bitcoin trades as they happen. Since this is the price people really are exchanging fiat for bitcoin at then you can know this is the price of bitcoin at the current moment (at least the price on Coinbase, as I said in a previous message there can be slight differences between exchanges)