Blockchain.com, a crypto service provider, has launched its high-speed Exchange API so traders can receive real-time data and execute transactions instantly.
The firm had launched the platform in the summer of last year as ‘The Pit’, and renamed it last month before officially introducing it to crypto traders.
Xen Baynham-Herd, head of strategy at Blockchain.com, said “Programmable trading using high-quality APIs is vital to the continued growth of efficient and liquid cryptocurrency markets.”
The move reflects traders’ strong confidence in the exchange’s deep liquidity and competitive pricing. The exchange was launched after a beta program has successfully processed millions of transactions.
“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,” Baynham-Herd added.
The crypto service provider is keen on expanding its customer base and trading volumes through offering new services and features. It exclusively launched the DGLD token, and thus increased its live trading pairs to 34.
Sid Shekhar, an algorithmic trader, said, “It was great to be one of the first folks to integrate the Blockchain.com Exchange API into my trading set up. Not only was it very straightforward, but it also has many of the essential API methods I need and overall performance and latency has been fantastic while trading.”