Coinmarketcap (CMC), the popular portal tracker for cryptocurrency markets, has launched a professional-grade API for aggregate market data and added support for derivatives markets in the context of a & # 39 important quarterly review of its operations.
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CMC Professional API
The professional API aims to give developers and institutional funds the ability to use aggregate CMC data in product offerings, providing prices, market capitalization, conversions and trading partner data that the site aggregates from hundreds of exchanges. The company explains that it was launched after a month of feedback and beta process with hundreds of users. This tool is designed for projects and investors who need to perform more accurate simulations and backtest trading strategies. The service has few price levels from $ 79 to $ 699 a month and is even an option for a customized Enterprise plan with up to five years of historical data.
"As part of our mission to continue growing the cryptocurrency industry with our partners, our professional API will ensure that the CoinMarketCap data that users know and can trust can be integrated into every application. a best-in-class development dashboard that will help every developer – from the hobbyist to the large-scale cryptocurrency product teams – get the most out of our data, "said founder Brandon Chez.
Additional features
The CMC's quarterly update also includes the addition of derivatives markets, a new exchange ranking, a newsletter, an event page, an iOS app update and a glossary of cryptographic terms. With the addition of derivatives markets, the site now supports futures, options and OTC exchanges and the company promises to add more data in a comprehensive manner. The all-new event page will include coverage of "community-led and marginal events". The app for iOS now includes currency conversions between 32 fiat and five cryptocurrencies.
As part of the update of the exchange ranking, standard commissions, without commissions and mining transactions are now clearly marked. Two weeks ago we reported that, Coinmarketcap has responded to allegations that it is implied to support the washing trade after a platform called Crypto Exchange Ranks has published detailed allegations on how the popular tracker incentives exchanges to report false volumes. The company has declared its determination to support "transparency and clarity".
"As the new versions of our products demonstrate, we are constantly updated so that we can contribute to the growth of the adoption of cryptocurrency.If you also believe in what we want to achieve, we can not wait to join you. decentralized team all over the world, "added Chez.
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