On the Indodax cryptocurrency trading platform, there are two types of activity logs that are very important but serve different functions: trade history and recent trades. Understanding the differences between the two is key to effective trade analysis, as follows:
1. Trade History
Trade History is a personal and exclusive record that lists all your buy and sell orders that have been successfully executed (filled) on the Indodax exchange. Focus on your own account activity and personal historical data. Specific data regarding assets, volume, execution price, and the time you completed the trade. The primary data source for calculating profits, losses, and personal tax/accounting needs. This is your portfolio performance report.
2. Market Activity / Recent Trades
Market Activity is a real-time and public data stream that records all recent transactions in a specific cryptocurrency pair (trading pair) made by all Indodax users. Overall Market Movement and a list of transactions that have just been executed on the exchange (by you or others), showing the last price agreed upon by buyers and sellers. Used to monitor market liquidity, gauge current market sentiment, and determine short-term price trends.
We can inform you that the transaction history allows you to check how much you have bought/sold and at what price, while Market Activity allows you to see the latest price movements and how active the market is at the moment.