<p>The exchange rate updates relatively slowly (every hour or I think for BitStamp) so as to avoid all the copies of MultiBit hitting the BitStamp servers too much.</p>

<p>It is obviously bitcoin that is being sent in a transaction so in any sale or purchase it is the bitcoin figure that you want to agree to rather than the "USD (Bitstamp)" or "GBP (OpenExchangeRates)" figure.</p>

CC BY-SA 3.0
2014-04-15T17:23:04.830Z
2014-04-15T17:23:04.830Z
jim618
<p>For some reason Multibit is telling me bitcoin is at $460 on Bitstamp when it's closer to $490. Why is that?</p>

<multibit>
Multibit desktop wallet not updating Bitstamp exchange rate
jebus
# Multibit desktop wallet not updating Bitstamp exchange rate

(Asked by: username_0 on 2014-04-15)

For some reason Multibit is telling me bitcoin is at $460 on Bitstamp when it's closer to $490. Why is that?

**Tags:** multibit


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## 1 answers

### Answer by username_1 on 2014-04-15. Score: 1

The exchange rate updates relatively slowly (every hour or I think for BitStamp) so as to avoid all the copies of MultiBit hitting the BitStamp servers too much.

It is obviously bitcoin that is being sent in a transaction so in any sale or purchase it is the bitcoin figure that you want to agree to rather than the "USD (Bitstamp)" or "GBP (OpenExchangeRates)" figure.


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