Intro
Stock and currency trading used to take place over the phone through brokers. In the modern era, blockchain and bitcoin APIs securely facilitate online transactions. In addition, APIs allow users to access data from stock markets and other sources to make trades or conduct analyses.
What is a blockchain and bitcoin API?
Interactions on blockchains need to be trusted and verified. Blockchain and bitcoin APIs are a system of connectivity or rules that validate transactions and enable tracking activity.
For users, this allows seamless connection to a cryptocurrency exchange and to execute trades. APIs also make it possible to access live data and market intelligence and manage user accounts.
APIs enable an easy exchange of information. This makes trading accessible from the most inexperienced novice to advanced traders running algorithms to study line prices before making trades. Once a trade has been decided, it can be carried out manually or by configuring the algorithm to execute based on pre-defined criteria or triggers.
Top 5 cryptocurrency APIs
1: Coin Layer
Wallet integration: Enables the use of all major wallet providers such as Trezor Model T.
Transaction support: Provided by an email support service (support@coinlayer.com) or an online contact form.
Price: There are five pricing plans:
Free plan.
Basic plan: $9.99 per month.
Professional: $39.99 per month.
Professional Plus: $79.99 per month.
Enterprise: Pricing on request
Other capabilities: Live data feeds pulling data from as far back as 2011. API integration with 25 crypto exchanges and exchange rates from 385 cryptocurrencies.
2: Brave New Coin
Wallet integration: Enables all major wallet providers such as Trezor Model T, Ledger Nano X, etc.
Transaction support: 24/7/365 phone and web-based support.
Price: Pricing is available on request.
Other capabilities: Web socket and Rest API operation.
API integration with 240 crypto exchanges and exchange rates from 1,400 cryptocurrencies. Customized analysis segmented by coin or market pair.
3: Coin Market Cap
Wallet integration: Enables the use of all major wallet providers.
Transaction support: Provided by an email support service (support@coinlayer.com) or an online contact form.
Price: There are four pricing plans: Free plan. Hobbyist: $29.99 per month. Startup: $79.99 per month. Standard: $299.99 per month.
Other capabilities: Access to historical data back to 2013. API integration with 93 fiat currencies.
4: Crypto Compare
Wallet integration: Enables the use of all major wallet providers such as Trezor Model T.
Transaction support: A contact email form is provided. No indication is given into the availability of support.
Price: There are five pricing plans:
Free plan: 500 requests per month, limited support, hourly updates, historical data, and USD benchmarking.
Basic plan: $9.99 per month.
Professional: $39.99 per month.
Professional Plus: $79.99 per month.
Enterprise: Pricing on request
Other capabilities: Live data feeds pulling data from as far back as 2011. API integration with 25 crypto exchanges and exchange rates from 385 cryptocurrencies.
5: Kaiko
Wallet integration: Enables the use of all major wallet providers.
Transaction support: Available through an online contact form .
Price: There are three pricing plans. Pricing is not published, and a quotation can be requested online. Startup. Enterprise. Academic.
Other capabilities: Historical data as far back as 2014. API integration with 85 crypto exchanges and exchange rates from 90,000 cryptocurrencies.
Conclusion
Crypto API services are popular with professional traders but also amateurs and hobbyists. They offer live pricing, historical data, and the ability to execute trades.
APIs are an important tool for trading on any level. This is because they make use of the power of algorithms to make predictions and trades.
Top comments (0)