This guide provides a comprehensive overview of CoinAPI’s cryptocurrency data API, detailing its features from real-time exchange rates to historical data analysis. It equips traders, developers, and analysts with the tools to navigate the crypto market effectively.
Real-Time Exchange Rates
CoinAPI calculates crypto exchange rates using the 24-hour Volume Weighted Average Price (VWAP-24H), derived from high-quality "SPOT" data sources. Our algorithm excludes non-legitimate sources and prioritizes:
- Freshness: Updates every second.
- Accuracy: Statistical filtering and preference for top-tier exchanges.
- Transparency: Tree-structured rate determination for reliable pricing.
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Historical Data Analysis
CoinAPI’s time-series data enables users to track asset performance over customizable periods, supporting:
- Trend identification: Analyze past market behavior.
- Backtesting: Validate trading strategies.
Supported periods range from 1-second intervals to longer timeframes (e.g., 10s, 1min).
Market Depth Tools
Order Book Data
- Level 1 (L1): Snapshot of top bids/asks.
- Level 2 (L2): Depth up to 50 levels, ideal for liquidity analysis.
- Level 3 (L3): Full order lifecycle tracking for advanced strategies.
OHLCV Data
Open, High, Low, Close, and Volume metrics for technical analysis, available in intervals from 1SEC to 1MIN.
Derivatives & Liquidation Data
- Open Interest: Tracks outstanding contracts.
- Funding Rates: Reflects perpetual contract costs.
- Liquidations: Signals market volatility and risk thresholds.
FAQs
Q: How often is real-time data updated?
A: Every second for exchange rates, with millisecond precision for order books.
Q: Can I access raw tick data?
A: Yes, CoinAPI offers unaggregated tick-by-tick data for custom analysis.
Q: What file formats are supported?
A: JSON, CSV, and XML via our Flat Files S3 API.
👉 Boost your trading with our API
Conclusion
CoinAPI delivers real-time and historical cryptocurrency data for trading, research, and algorithm development. With features like order book snapshots, OHLCV metrics, and derivatives data, we empower users to stay ahead in volatile markets.
Ready to integrate? Start with CoinAPI today.
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