What is a CoinMarketCap API?

The CoinMarketCap API, for example, offers a free plan with 11 market data endpoints and up to 10,000 call credits per month, whereas premium plans have access to historical data, increased call credits, more endpoints, and more. In summary, APIs provide a standardized way for applications to communicate and exchange information with each other.

What is API in crypto?

API stands for Application Programming Interface. It is a set of routines, protocols and tools for building software applications. They specify how software components should interact, such as what data to use and what actions should be taken. What Are APIs In Crypto Used For?

What is a bitcoin API & how does it work?

If the crypto API the bot uses sees a currency that’s underpriced in one market but overpriced in another, it can execute a trade to buy low and sell high. Momentum trading bots: A bitcoin API or other crypto API is used to calculate the strength of the momentum of price action. When the momentum has enough inertia, the bot places the trade.

Does CoinMarketCap offer a free API scholarship program?

For crypto projects, CoinMarketCap has a free API scholarship program and for individual crypto enthusiasts, a basic free plan. Happy exploring! This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”).