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The demand for crypto projects tends to increase with time.
Lets check out some of the best crypto APIs.
Before we get to know about crypto APIs, lets have a look at APIs first.
APIs are commonly used for room booking, food ordering, payment processing, and more.
Cryptocurrency APIs also function like the APIs mentioned above.
The main difference is that crypto APIs interact with various crypto markets and exchanges.
First, its essential to know about data collection to understand APIs clearly.
Data Collection and Its Importance
Data collection is the backbone of every API.
Simply put, data collection involves a step-by-step process of gathering information related to a specific subject.
APIs collect data from credible sources, process it, and store it.
Later, the stored data is analyzed and organized according to the individuals or organizations use case.
Manual collection of massive data is practically impossible, so APIs have different methods for collecting relevant data.
All right, lets shed some light on it.
CoinGecko API provides access to essential crypto data equally beneficial for crypto developers, traders, and scientists.
Another exciting factor is that CoinGecko provides all this data without asking for a dime.
CoinGecko has become one of the prominent data providers for crypto assets since its inception in 2014.
Suppose you want more rate limits per minute, priority email support, and Slack chat support.
In that case, it’s possible for you to also choose paid CoinGecko API plans.
The paid plans start at $103/month when billed annually.
This commitment is coupled with user-friendly documentation and free trials, making integration straightforward and accessible.
For those in search of reliable, high-quality cryptocurrency data, Finage offers a comprehensive solution.
Its execution API allows developers an effortless DeFi protocol integration via its transaction-building layer.
DeCommas is developer-friendly with its flexible APIs and SDK.
Lastly, there are options to get started for free and later shift to its cost-effective paid plans.
In that case,Coinmap REST APIhelps to provide you with important data.
Data developers can list their venues using appropriate longitude, latitude, categories, and filters.
Moreover, Coinmap REST API doesnt charge developers for using their data.
The only condition they put forward is to provide credit for Coinmap and its contributors for the data used.
Also, the data can be used to run experiments with pastcrypto pricesand to track portfolios.
The major drawback of this API is that the data usage is limited.
In other words, it costs you more if you want to access more data.
The free access only provides you with 10,000 calls per month, without any historical data.
The paid plans of CoinMarketCap API start at $29 per month when billed annually.
This plan provides 40,000 calls per month with a 1-month historical conversion.
you could also choose other high-paid plans if you want more call credits.
Coinlayer API
Coinlayer APIprovides accurate live price data for more than 385 cryptocurrencies.
The improved algorithm developed by Coinlayer API helps developers use crypto data more efficiently.
Moreover, the data is collected from over 25 prominent crypto exchanges.
Try using paid packs to access more requests, target currencies, quicker updates, etc.
Coinlayer APIs paid pack starts at $9.99 per month.
Coinpaprika API
Coinpaprika APIis another crypto API that provides data on thousands of cryptocurrencies.
This API has a list of more than 8,000 crypto assets from 360 exchanges.
Developers can use Coinpaprika API for data related to 27,000 crypto trading pairs.
For instance, developers can use Coinpaprika APIs open-source libraries, including popular programming languages.
The free Coinpaprika API plan provides the user with 25,000 calls per month for 2,500 crypto assets.
But the daily and hourly historical data analysis is limited to 1 year and 1 day, respectively.
Moreover, you’ve got the option to create crypto wallets and addresses for these cryptos.
Coinbase API doesnt compromise on its real-time notifications and market monitoring.
Also, historical data is provided for further price analysis.
For more advanced features, you’re free to choose a premium option like CoinbasePro.
CoinbasePro provides exciting features, such as programmatic trading.
Cryptowatch APIs
Cryptowatch APIsconsist of two different APIs; REST API and WebSocket API.
REST API provides access to real-time API to live stream cryptocurrency market data.
Also, the developers can use data from thousands of crypto markets and 23 exchanges.
Crypto developers can stream real-time crypto market data from 26 major exchanges using WebSocket API.
The official software development kits (SDKs) maintained by WebSocket API include Node.js, Golang, and Python.
Suppose you would like to stick to their free services.
In addition to that, Nomics APIs database is extended across 795 exchanges and over 53K crypto tokens.
The average API response time is just 51 ms, allowing developers to access near-real-time market data.
The default free services Nomics API provides only one request per second.
you gotta choose commercial paid plans to access more requests per second.
CoinAPI
Are you looking for APIs that provide real-time crypto market data and prices?
In that case,CoinAPIwill be the best fit for you.
The database of CoinAPI consists of 507 TB of market data history.
Apart from that, this API supports over 16K crypto assets.
All the available data is collected from 337 crypto exchanges with 46K+ market data updates per second.
Crypto developers can very well utilize the well-documented data from CoinAPI.
All these data are available in CSV, XML, or JSON formats.
Otherwise, you might go with their paid monthly subscription, which starts at $79.
KuCoin API
Are you planning to use crypto transaction APIs?
Then it would be best if you give theKuCoin APIa shot.
KuCoin APIs design allows easy access to trade on crypto markets.
The exchange rates provided also work well with both mobile and web-based applications.
Developers can use the stable data available on KuCoin API to build algo trading applications.
The KuCoin API offers free access to their data library.
The only limitation is that your call request has a limit of 1,800 calls per minute.
NOWNodes API
Suppose you are a developer aiming to enter the most popular blockchains.
In that case,NOWNodes APIcan help you to work magic for you.
With this blockchain-as-a-service-based API, you’re able to access explorers and full nodes.
you’ve got the option to choose paid packs for more daily requests according to your use case.
Alpha Vantage API
Alpha Vantage APIis one of the Python-based stock APIs.
Using this API, a crypto data developer or scientist can avoid manual, tedious stock data extraction.
A developer can customize the data to create a crypto-based software or platform for their target audience.
Alpha Vantage API provides services based on various time series.
The time series includes intraday, daily, weekly, and monthly.
The vast majority of Alpha Vantage APIs endpoints are available for free.
If a developer needs more features, then its better to select premium monthly plans starting at $49.99.
Final Thoughts
Crypto APIs are flexible and powerful tools that help you build crypto projects.
A practical way to go for the best API is to make a checklist.
The checklist must include the functions, budget, additional features required, and data updates per second.
Also, it’s possible for you to list more according to your project requirements.
