Cryptocurrency Q&A What is the difference between API and FIX?

What is the difference between API and FIX?

Dario Sat Oct 05 2024 | 7 answers 1061

Could you please elaborate on the fundamental differences between API and FIX? As both are used for communication between financial systems, I'm curious to know how they differ in terms of their architecture, functionality, and the types of data they transmit. Additionally, are there any specific industries or use cases where one might be more suitable than the other? What is the difference between API and FIX?

What is the difference between API and FIX?

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