Crypto Data Tracker CoinMarketCap Launches New Professional APIbr>
Cryptocurrency market data site CoinMarketCap has launched a professional API that will give developers and funds the ability to use its aggregated data.
The new pro-level API aims to serve as a key data pipeline to supply accurate data necessary for decision-making. It will allow companies to integrate CoinMarketCap’s aggregated data in product offerings, providing price, market capitalization, conversions, and trading pair data aggregated from multiple exchanges.
“As part of our mission to continue growing the cryptocurrency sector with our partners, our professional API will ensure that the CoinMarketCap data that users know and trust can be integrated into every application,” said Brandon Chez, founder of CoinMarketCap. “Our API comes with a best-in-class developer dashboard that will help every developer – from hobbyist to large-scale cryptocurrency product teams – make the most of our data.”
The new pro-level API is available at various price tiers depending on features and rate limits, with costs ranging from $79 to $699. CoinMarketCap is also offering an enterprise contract, which gives businesses historical data of up to five years.
Aside from the pro-level API, CoinMarketCap added derivatives markets to its site to help investors explore these markets beyond the standard spot trading exchanges already listed. The site also updated its exchange ranking page in a consistent format with its coin ranking page. The new exchange ranking system is part of an effort to better highlight exchanges on the site, giving exchanges the same first-class status as coins by featuring them prominently on the landing page in an alternate tab.
CoinMarketCap also made an update to the iOS app, which now includes currency conversions for an improvement to the user experience. Users can now convert between 32 fiat and five cryptocurrencies on the app, similar to that supported on the site.
“As our new product releases show, we are constantly updating so that we can help to grow adoption of cryptocurrency,” said Chez. “If you also believe in what we want to achieve, we look forward to having you join our decentralized team around the world.”