Accurate market data for virtual economies and digital asset experiences
Support metaverse platforms with real-time cryptocurrency prices, exchange rates, and historical market data for payments, wallets, marketplaces, and virtual economies.
Metaverse platforms combine virtual environments with digital ownership, allowing users to buy virtual goods, trade digital assets, participate in online economies, and interact using cryptocurrencies.
Many platforms include wallets, marketplaces, rewards, and payments as part of the overall experience. As these virtual economies grow, users expect transparent pricing and accurate asset values.
Virtual economies often involve multiple cryptocurrencies, digital assets, and payment flows.
Users want to know what their balances, purchases, and rewards are worth, while platform operators need consistent pricing across wallets, marketplaces, and payment systems. As new assets and payment options are introduced, maintaining a unified financial experience becomes increasingly difficult.
Use real-time market data to display the current value of wallet balances, rewards, and cryptocurrency holdings throughout the platform.
Use normalized market data so wallets, checkout, marketplaces, and payment services all calculate values using the same pricing methodology.
Use the Exchange Rates API to display balances, purchases, and payments in each user's preferred reporting currency.
Retrieve historical prices through APIs and Flat Files to reproduce purchase values for reporting, customer support, refunds, and financial reconciliation.
Support additional cryptocurrencies and trading venues through one standardized market data platform instead of integrating separate pricing providers for every new payment asset.
| What You Need | Before CoinAPI | After CoinAPI |
|---|---|---|
| Show wallet balances users understand | Users only see cryptocurrency amounts | Display both crypto balances and their current market value |
| Keep marketplace pricing consistent | Wallets, stores, and checkout calculate values differently | Apply one pricing methodology across every purchase and payment workflow |
| Support global users | Purchases are only shown in crypto or one fiat currency | Display prices and balances in users' preferred currencies with the Exchange Rates API |
| Verify previous purchases | Historical transaction values are difficult to reproduce | Retrieve historical prices for reporting, refunds, and customer support |
| Introduce new payment assets | Every new cryptocurrency requires additional pricing integrations | Expand supported assets through one standardized market data platform |
| Give users market context | Wallets and marketplaces only display the current token price | Show historical OHLCV charts that help users understand recent market movements |
