Top 10 biggest doubts about working with crypto market API provider

Top 10 biggest doubts about working with crypto market API provider

What are the top 10 biggest concerns of working with a crypto market API provider? Working with third-party API providers for your company’s digital assets can be a risk. You want to make sure you can trust the service provider which will help protect your company’s security. When integrating with a crypto API, you have to ensure your company’s assets are safe and secure. The risk of working with crypto APIs as a third-party provider is that you give up some control and visibility into your company’s digital assets. 

In this blog post, we’ll explore the top 10 concerns when working with CoinAPI as a crypto API provider. We spoke with several cryptocurrency experts who listed their concerns when working with CoinAPI as a crypto API provider. Read on to find out more. Continue reading “Top 10 biggest doubts about working with crypto market API provider”

Why is it critical to normalize cryptocurrency trade data?

Why is it critical to normalize cryptocurrency trade data?

Today data is at the core of any data-driven industry. And, in the same way, the growth and development of any industry are dependent on the availability of good data. This is particularly true for the crypto space. There are a few reasons why this is so. First, the crypto landscape is still in its early stages. As such, the data is not yet standardized or reliable. Second, the crypto industry is quite global, which means that data needs to be collected and analyzed in a variety of contexts and regions. The solution to this problem is data normalization. What exactly this means and why is it critical to normalize cryptocurrency trade data?

Continue reading “Why is it critical to normalize cryptocurrency trade data?”

How to Use the Market Data API for analytics and financial institutions?

How to Use the Market Data API for analytics and financial institutions?

The financial industry’s digitization has enabled technology to transform how financial institutions compete in the market. Large corporations are embracing technology in order to carry out digital transformation, meet consumer demand, and improve profit and loss. Businesses can maximize the value of data by making sure it is stored correctly and structured.  Continue reading “How to Use the Market Data API for analytics and financial institutions?”

How does CoinAPI help businesses? 5 benefits of using CoinAPI to develop your product/service

How does CoinAPI help businesses? 5 advantages of using CoinAPI in your business

Imagine the following situation: Your application requires data or functionality. For instance, suppose you want to view all historical cryptocurrency data. You could contact the exchange directly and request a spreadsheet containing all of this information. But then you’d have to figure out how to import that spreadsheet into your application, and even if you stored them in a database, as we have, the data would quickly become outdated. It would be impossible to keep up with the changes. 

CoinAPI’s goal has always been the same: to make the most of cryptocurrency data by providing easy-to-use and developer-friendly APIs so that our clients can focus on building their apps and growing revenue. Continue reading “How does CoinAPI help businesses? 5 benefits of using CoinAPI to develop your product/service”