Kanalcoin is a platform for the exchange of digital assets and currencies where you can trade quickly and safely with Bitcoin, Ethereum, EOS, Tether and many other crypto-currencies. There are several trading options, including spot and OTC markets. The platform’s interface is very intuitive and easy to navigate.
Kanalcoin is a global crypto-currency trading platform that offers fast and secure 24/7 exchange of USDT to IDRT and many other digital assets.
Real-time USDT to IDRT price table explained
Kanalcoin presents a price chart that combines a representation of the exponential moving average (EMA) of a digital asset with a display of its price history. The EMA consists of the two lines that cross the chart and are formed using historical tether data when paired with tether and represent the performance of the USDT over a given period of time in terms of IDRT. EMAs are among the most widely used methods (both in the cryptographic sphere and in the world of stocks) to measure how a crypto-currency is trending.
Looking at the graph, the figures in the rectangle each represent USDT trading activity for a single day. The candles in the center of the chart that run along the lines of the EMA illustrate the first four values measured in Tether. The ends of each vertical line mark the high and low tether prices for the day. The body of the candle marks the movement between the opening and closing prices of the dollar. If a candle is green, the price has increased; if it is red, it has decreased. The candlesticks at the base of the chart are used to show the daily trading volume in terms of IDRT.
Explanation of trading instruments
In our trading instruments section, you will see tabs labeled with the abbreviations of the different crypto-currencies. By clicking on these tabs, you can see what other crypto-currencies can be traded with the selected quote currency. You will find the price of the base currencies displayed along with the BTC volume, which measures how much the currency has been traded in the last 24 hours, and the exchange rate, which measures the percentage of price change that occurs in the same time period. To switch to another Tether to Tether trading pair, just select the pair from those available in Trading Instruments.
The order book and market depth chart explains
Under Trading Instruments is the Market Depth Chart and the corresponding Order Book. The Order Book shows all current orders that have been placed between the USDT and the IDRT. These are divided into bid (people looking to buy USDT) and ask (people looking to sell USDT). On the chart you’ll find the order price in Tether, the amount of Tether being bought or sold, and the sum of the transaction shown in USDT or IDRT.
Market Depth
This information is shown in a more visual format above in the Market Depth Chart. The Depth Chart takes the requests and offers and stacks them on top of each other to provide an easy to understand overview of the supply and demand for tethered tether.
