What is a crypto exchange API?

In the case of cryptocurrency, API’s are often used as a way to interact with cryptocurrency exchanges. Many complementary businesses and tools have been built by allowing users to connect to these exchange API’s like crypto portfolio trackers, crypto trading bots, tax software tools, and many more.

What are crypto APIs & why are they important?

Crypto APIs play an integral role in that. Price and execution APIs are the bread and butter of algorithmic trading. Crypto APIs have, therefore, been playing a pivotal role in the development of the crypto asset trading ecosystem. And, as the crypto market continues to mature, we can expect to see more API trading on bitcoin exchanges.

What is the crypto compare API?

The Crypto Compare API is a dedicated crypto API that provides all manner of cryptocurrency data. The API returns data not only on prices and exchange rates, but also top cryptocurrency news, top-performing coins, historical data, and general information on cryptocurrencies.

What cryptocurrencies are supported by the API?

The API can return information for many of the top cryptocurrencies, including Bitcoin, Dogecoin, Litecoin, Ethereum, Binance Coin, and Bitcoin Cash. The API accepts simple REST requests, is secured by HTTPS, and returns data in JSON format. Updates can be requested as frequently as every 60 seconds. Endpoints are protected by an API key.