Common comparison error
Crypto spot market outside exchange hours should not automatically be described as the live market used by Benchmark price.
A market where cryptocurrencies are bought and sold for immediate settlement rather than through a futures contract. A binary contract may reference this market without transferring ownership.
Crypto spot market outside exchange hours should not automatically be described as the live market used by Benchmark price.
Read Crypto spot market together with Forex market, Benchmark price, Crypto perpetual. The comparison must preserve the exact rule, value, state, and evidence described below.
For Crypto spot market, EUR/JPY is available while EUR/USD is closed. Symbol, session, provider, derivative structure, and Forex market explain the difference. The evidence must resolve the defining Crypto spot market boundary: immediate crypto exchange can supply a reference price without transferring ownership through the binary ticket.
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.