CryptoCompare adds commercial API market data service to existing free service

CryptoCompare adds commercial API market data service to existing free service
04.12.2018 08:20 am

CryptoCompare adds commercial API market data service to existing free service

Cryptocurrencies , Data

CryptoCompare, the global cryptocurrency market data provider, today announces the launch of its new API service in response to customer demand for more complex and highly scalable cryptocurrency data solutions.

CryptoCompare provides real-time, high-quality and reliable market and pricing data on 5,600+ coins and 260,000+ currency pairs globally, bridging the gap between the crypto asset and traditional financial markets. In addition, CryptoCompare has a strong track record investing in data methodology and data accuracy, evidenced by the recent Taxonomy of Crypto Assets and the regular Monthly Exchange Reviews. These initiatives serve to bring rigour to the cryptocurrency market data and provide institutional and retail investors with a reliable, accurate and clean data in support of their investment decisions.

The existing free API service enables individuals and organisations to retrieve cryptocurrency market and pricing data with a high degree of granularity, offering real time and historical data for all coins and exchanges with full market coverage. CryptoCompare’s robust infrastructure ensures highly available and scalable endpoints, delivering data to end users at the lowest latency possible. By way of example, CryptoCompare’s data is viewed between 20 and 180 million times per hour, peaking during times of higher market volatility.

The new commercial API service will be available in 3 different tiers, tailored to the cryptocurrency data needs of the institutional and retail investors as well as third parties, partners and developers. The commercial service will offer more flexibility such as extended historical data; customisable API endpoint solutions and call limits; dedicated support and service level agreements; and the ability to save/cache data locally for internal business purposes.

Finally, the tiered plans include commercial redistribution rights, enabling third parties greater flexibility in using CryptoCompare’s data for their crypto investment products or market data needs.

The new commercial API service is now live on the CryptoCompare website and has been rolled out to CryptoCompare’s universe of customers. CryptoCompare’s global infrastructure allows for high availability and performance, ensuring the fastest data delivery and the lowest latency possible for both free and commercial API services.

Charles Hayter, CEO and Founder of CryptoCompare, said: “We continually invest in our technology and APIs to ensure our infrastructure remains robust and both the retail and institutional investor can access data as needed to execute trades on their investment portfolios. We adhere to rigorous standards to safeguard data integrity, normalising global data sources to ensure consistency and confidence in the market.”

“We’re very excited to launch this extended API service to the crypto community, providing commercial licenses for third parties, partners and investors alike. We developed this new offering in response to demands from both individuals and institutions for more complex, often bespoke yet highly scalable cryptocurrency data solutions.”

 

Related News

Solactive partners with CoinMarketCap to create Cryptocurrency Benchmark Indices

Solactive is pleased to announce that internationally renowned cryptocurrency information and data provider CoinMarketCap (CMC) joined forces with the German... Read more »

Token 2049: Ethereum Supermeetup 2019 Recap

As part of the Token 2049 event, the Ethereum Supermeetup 2019 is the first of its kind held at the luxurious Kerry... Read more »

GBP “holds firm” as experts say NOW is the time to exchange your currency

As MP’s voted last night for Theresa May to seek an extension to Article 50 and delay the UK’s exit from the EU, GBP remained steady against the euro, despite fears that any... Read more »

Market Synergy Extends Connectivity to Cryptocurrency Exchange Bitfinex with Virtual Private Servers

Institutional cryptocurrency connectivity provider, Market Synergy has launched a cloud-based VPS (Virtual Private... Read more »

Amun AG choosing Solactive to provide Index Calculation for the World’s First physically backed Bitcoin and Ethereum ETP

Solactive is pleased to announce that Amun AG, the issuer the first two physically-backed crypto-currencies single-coin exchange-traded products, Bitcoin (BTC) ETP [... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App