What Is the Price Reference for Crypto Assets on Pluang?
The price reference for crypto assets on Pluang is the Last Traded Price (LTP) — the price of the most recently executed trade for that asset, displayed on the coin's chart in the app. It is a live reference that refreshes as new trades happen, not a locked-in quote, so the amount you actually pay on a buy, or receive on a sell, can differ slightly from the LTP you see on screen. That difference has two ordinary causes: continuous market movement between the moment you look at the chart and the moment your order completes, and the floating spread that is part of crypto pricing, which varies with each coin's liquidity, volatility, trading volume, and overall market conditions. Importantly, the LTP is not a volume-weighted average of several markets — it is simply the last price at which that coin actually traded. Because every spot crypto coin on Pluang is quoted in IDR, the LTP you see is always an Indonesian Rupiah price.
- What "Last Traded Price" means. The LTP is the price of the single most recent executed trade for that coin. As soon as a newer trade goes through, the chart updates, which is why the number can change many times a minute for actively traded assets.
- It is not a volume-weighted average. Pluang does not blend prices from multiple markets into an average — the chart shows the actual last traded price, nothing more. This is a common misconception worth clearing up.
- Why your transaction price can differ from the chart. Crypto markets move every second. Between viewing the LTP and your order completing, the market can shift, and a floating spread is applied — so the executed price is usually close to, but rarely identical to, the LTP on screen.
- What the floating spread is. The spread is the small gap between buy and sell pricing. On Pluang it is a floating spread: it is not fixed but changes with the coin's liquidity, its volatility, the size and volume of transactions, and market conditions at that moment.
- Everything is priced in IDR. Spot Crypto Assets on Pluang trade against IDR pairs only, so the reference price, your buy price, and your sell price are all in Rupiah. USDT pricing applies to Crypto Futures, a separate product.
- The number you commit to is the estimated price. Before you finalize an order, the confirmation page shows an estimated price for your specific transaction size — a more decision-ready figure than the raw chart LTP.
Related questions:
Q: Does the chart price always match my transaction price?
Not exactly. The chart shows the Last Traded Price, a live reference that updates with every new trade. Between the moment you read it and the moment your order completes, the market keeps moving, and a floating spread is applied to the transaction. The result is usually very close to the LTP but rarely identical to the digit. For the figure tied to your specific order, look at the estimated price on the confirmation page rather than the raw chart number.
Q: What is the spread and why does my buy or sell price differ from the market page?
The spread is the small gap between the price to buy and the price to sell an asset. Pluang uses a floating spread, meaning it is not fixed — it moves with the coin's liquidity, its volatility, the transaction volume, and overall market conditions. This spread, together with real-time price movement, is why the price you transact at can look slightly different from the headline number shown on the coin's market page.
Q: Is the Last Traded Price a volume-weighted average of several markets?
No. The LTP is simply the price of the most recently executed trade for that coin — it is not an average blended across multiple markets or weighted by volume. If a fresh trade occurs at a new price, that new price becomes the LTP and the chart updates. Thinking of it as "the last real trade" rather than "a calculated average" is the accurate way to read the number on screen.
Q: Are crypto prices on Pluang shown in IDR or USDT?
Spot Crypto Assets on Pluang are priced in IDR only — every coin is quoted, bought, and sold in Indonesian Rupiah, so the reference price on the chart is an IDR figure. USDT pricing belongs to Crypto Futures, which is a separate product with its own pairs. If you are trading spot crypto in the app, you never need to convert to or from USDT; the whole flow stays in Rupiah from reference price to settlement.
Q: How often does the crypto price update, and where do I see the price I will actually pay?
The Last Traded Price refreshes in real time as new trades occur, so it can change frequently throughout the day. The reference chart is useful for tracking the market, but the figure most relevant to your order is the estimated price on the confirmation page, which reflects your transaction size and current conditions. Reviewing that estimated price before you confirm is the clearest way to know roughly what you will pay or receive.