Top 5 cryptocurrency APIs for developers

Top 5 cryptocurrency APIs for developers
Here is a list of 5 cryptocurrency APIs for developers, best rated and extremely popular.

CryptoCompare API

CryptoCompare is one of the best rated cryptocurrency APIs by industry experts today.

If developers are looking to create something that could be used by an enterprise-sized organization or large corporation, then CryptoCompare is the perfect choice.

This is also a reliable “companion” for developers who want to build high-use app.

CryptoCompare combines an exchange API with a historical data hub and news gathering. As a result, developers can ensure that users of their programs always have access to the information they need to make the best decisions.

Since the amount of data provided in CryptoCompare is overwhelming, developers also need to consider the screenshot API so that users can keep what's needed for their records, before they are changed.

CryptoCompare API currently processes more than 800 transactions and 40,000 calls per second, as well as sourcing news from 50 different trusted providers.

Hence, developers can rest assured about speed issues or not getting the information users need through the system.

With the CryptoCompare API, everything is streamlined and optimized so that even in the most feature-rich applications, developers can count on getting results quickly.

Extremely powerful API with scalable endpoints that help developers meet the needs of the project through the resources used.

Besides, all transactions as well as user connections with the API are always guaranteed to be absolutely safe.

Currently, CryptoCompare API is providing a free version for individuals. If you want to build a larger website or app, a developer can subscribe to scale from as little as $79.99 per month.

URL: https://min-api.cryptocompare.com/

Pros:

  • Possessing a powerful design.
  • Rarely crashes and encounters outages.
  • Capacity for high volume demand.
  • There are many cryptocurrencies represented in the market.
  • Suitable for large-scale project designs.

Cons:

  • Subscriptions that fall outside of the free tier get expensive relatively quickly.
  • Some additional data display options are only accessible when the subscription level increases.

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Binance API

Using third-party platforms, the Binance API allows users to access and trade on the cryptocurrency markets.

They are completely free and very easy to implement with relatively few bugs. Therefore, the possibility of requiring additional troubleshooting is very low.

Binance API gives developers access to one of the largest crypto markets right now, as well as better transaction management.

It has a relatively high volume limit for requests.

Developers can receive up to 1,200 requests per minute, through the free-to-use platform.

This is a whole trading API, developers can access a wide library of different currencies, as well as historical data and most important information:

https://www.binance.com/en/support/faq/c-6?navId=6#24

Pros:

  • Get access to one of the largest markets in the crypto world.
  • Buy - sell and cancel transactions can be done directly through the API.
  • High volume limit, can make many requests per minute to get the required data.

Cons:

  • Can't scale for users who need more than 1,200 requests per minute.
  • If the limit of calls, orders, transactions is exceeded, the subscriber's IP will be temporarily banned until its validity expires.

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CoinMarketCap API

CoinMarketCap can be considered as one of the most famous cryptocurrency APIs at the moment.

The reason why CoinMarketCap API has always received high ratings from users is because it provides a variety of ways to view and interpret market information, currency trends and running volumes current supply...

In addition, developers have access to extremely fast currency valuations, making it simpler to recognize the position of each.

CoinMarketCap API uses a RESTful structure and is built with a system of robust endpoints that can guarantee high quality performance and best uptime.

They also provide historical full market data for cryptocurrencies from 2013.

It is probably one of the most popular and largest aggregated crypto data sources on the market.

At the same time, CoinMarketCap also acts as an exchange platform, though less efficient than some other APIs specifically designed for this purpose.

Used by Samsung and Investor's Business Daily, the CoinMarketCap API has built a level of trust among users about the security of the platform.

URL: https://coinmarketcap.com/

Pros:

  • Data on all existing cryptocurrencies is collected.
  • There are different ways to approach and evaluate market trends.
  • Can act as an exchange program.

Cons: Specializing in data aggregate is more than a common background in the matter of exchange.

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Coinbase API

Coinbase acts as an exchange API, wallet and any other cryptocurrency functionality.

It's designed to be highly flexible and programmable, providing developers with a ton of functionality to create something different from the competition.

With Coinbase, developers can create completely new functions for their program through the use of APIs provided by them.

It provides direct connections to other Coinbase wallets, allowing handle transactions directly with users without having to first visit the crypto market.

Currently, Coinbase API is working with Bitcoin, Bitcoin Cash, Litecoin, Ethereum, giving access to some of the best and most trusted forms of cryptocurrencies.

In addition, developers can:

  • Get access to real-time price information.
  • Get access to historical data, helping users make the most informed decisions about the cryptocurrencies they want to invest in and when to buy and sell them.

URL: https://developers.coinbase.com/

Pros:

  • Real-time notifications.
  • Enables simple market monitoring.
  • Connect with 4 different currencies.
  • Free historical data is available.
  • Direct wallet connection between users.
  • Has provided complete and helpful instructions.

Cons: Offers only 4 currencies, lacks variety.

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KuCoin API

KuCoin API is designed with the purpose of making it easier to access and trade in the cryptocurrency market.

It provides access to many different cryptocurrencies on the market.

Besides, it also helps users in comparing and listing the prestige and ease of use of currencies.

Currently, the exchange rate on KuCoin is relatively stable, which protects users from some of the fluctuations that can affect the crypto market.

KuCoin is also known as an exchange rate API, which works well with both web and mobile apps.

However, the KuCoin API still has some performance issues around ongoing payments and trades, which can lead to longer processing times.

URL: https://docs.kucoin.com/#rest-api-2

Pros:

  • Streamlined interface
  • There is a huge market with a variety of different currencies.
  • Prefer more reliable currencies.
  • Stable.

Cons:

  • Can't make a deposit from a credit card.
  • Still occasional service interruptions.

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