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CryptoCompare is the global cryptocurrency market data provider, offering retail and institutional investors real-time, high-quality and reliable market and pricing data on 5,600+ coins and 260,000+ currency pairs, bridging the gap between the crypto asset and traditional financial markets.

Today sees the launch of their new API service in response to customer demand for more complex and highly scalable cryptocurrency data solutions.

The existing free API service enables individuals and organisations to retrieve cryptocurrency market and pricing data with a high degree of granularity, offering real time and historical data for all coins and exchanges with full market coverage, at the lowest latency possible. By way of example, CryptoCompare’s data is viewed between 20 and 180 million times per hour, peaking during times of higher market volatility.

The new commercial API service will be available in 3 different tiers, tailored to the cryptocurrency data needs of the institutional and retail investors as well as third parties, partners and developers. The commercial service will offer more flexibility such as extended historical data; customisable API endpoint solutions and call limits; dedicated support and service level agreements; and the ability to save/cache data locally for internal business purposes.

Finally, the tiered plans include commercial redistribution rights, enabling third parties greater flexibility in using CryptoCompare’s data for their crypto investment products or market data needs.

The new commercial API service is now live on the CryptoCompare website and has been rolled out to CryptoCompare’s universe of customers. CryptoCompare’s global infrastructure allows for high availability and performance, ensuring the fastest data delivery for both free and commercial API services.

Charles Hayter, CEO and Founder of CryptoCompare, said: “There is a clear appetite in the industry to capitalise on digital asset trading due to their frictionless global nature. At the heart of this trend is accurate, reliable and real-time data. We continually invest in our technology and APIs to ensure our infrastructure remains robust and both the retail and institutional investor can access data as needed to execute trades on their investment portfolios. We adhere to rigorous standards to safeguard data integrity, normalising global data sources to ensure consistency and confidence in the market.”

CryptoCompare has recently partnered with Nasdaq and VanEck’s subsidiary MVIS (MV Index Solutions) to provide data for a series of digital asset futures contracts. In August 2018 CryptoCompare partnered with Thomson Reuters to provide order book and trade data for 50 cryptocurrencies to Thomson Reuters’ Eikon platform.

For more information, please visit our website www.cryptocompare.com or follow us on Twitter