Blockchain.com has launched a trading API for cryptocurrency traders to access the deep liquidity and fastest matching engine in crypto on its Exchange using automated trading algorithms.
The Blockchain.com Exchange seeks to redefine speed, reliability, and liquidity, while fixing major pain points in trade execution that the industry has thus far been unsuccesful in addressing.
The Blockchain.com Exchange API, traders will now be enriched with real-time market data and execute orders instantly, to help them capture an edge using programmatic trading strategies.
Xen Baynham-Herd, Executive Vice President of Product at Blockchain.com commented: “Programmable trading using high quality APIs is vital to the continued growth of efficient and liquid cryptocurrency markets.
“With the API and power of the Blockchain.com Exchange, sophisticated traders will have the institutional-grade trading tools they need to maximize performance and never miss a trading opportunity.”
The Blockchain.com Exchange API is the latest addition to the suite of APIs the Company has engineered for developers, including the first bitcoin API. The Blockchain.com Exchange API saw immediate adoption after a successful beta program, and has facilitated tens of millions of orders since November.
The launch of the API comes in response to the extensive popularity of the Exchange’s deep liquidity and competitive pricing by quantitative traders and institutions.
The Blockchain.com Exchange has experienced steady growth its user base and trading volumes, while consistently releasing new features and assets.
In just the last two months, it has launched support for GBP through the UK’s Faster Payments System, listed popular crypto project Algorand, and exclusively released the gold-backed token DGLD, increasing its asset offering to 34 live trading pairs.