Coinbase is one of the most well-known cryptocurrency trading platforms, now also offering its own API.
What is Coinbase API?
Currently, Coinbase is providing its users with a digital platform service for application programming interfaces (APIs).
Coinbase's API is built on top of Node.js technology, capable of performing various functions such as reading and collecting data...
Besides, it is also rated by users as an extremely flexible and safe tool for use.
One special reason why Coinbase API is widely used by users is because it has the ability to integrate with cryptocurrencies right into the existing application.
Thus, we can completely add crypto functionality to a launched application without having to remove it and start over from the first step.
Why use Coinbase API?
Here are a few reasons why Coinbase APIs have won the trust of so many users:
- Simple for use.
- Has extremely high flexibility.
- Provides a variety of tools suitable for different needs such as Coinbase Pro API.
- Detailed documentation is attached.
- Diverse with more than 25 cryptocurrencies.
- Professional customer service.
Is Coinbase API free?
Coinbase allows users to use the API for free with a limit of 10,000 requests per hour.
However, free plans often don't include premium services within it, so you'll miss out on a lot of opportunities to experience cool features like programmatic trading.
Currently, Coinbase has 03 types of accounts for API users as follows:
Basic
This type of API account is for newbies or individual traders, quite simple and does a few tasks like:
- Create wallets and addresses BTC, BCH, LTC, ETH.
- Send - receive and buy - sell BTC, BCH, LTC, ETH.
- Securely store coins.
- Get real-time price data.
- Receive notifications when payments are made successfully.
Pro
This is a Coinbase Pro API account that provides individual traders with the ability to pay for a variety of assets.
It has an intuitive and simple to use interface, built primarily for the needs of advanced crypto traders.
This account type includes many tools as follows:
- Order book.
- Candlestick chart.
- Limit orders and markets.
- Investment portfolio.
Prime
This is a Coinbase Prime API account, a professional platform built for institutional traders.
Thereby, they have access to different pools of liquidity at every Coinbase instrument.
