For bots, historical data matters more than people think…
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For bots, historical data matters more than people think. That’s where most APIs fall short — CMC is actually decent there
I’ve been experimenting with a small crypto trading bot and one thing I underestimated was how important good data is.
Initially tried scraping + a couple free APIs… didn’t go well.
Switched to CoinMarketCap API and it’s been way more reliable so far.
Main things I’m using:
real-time price quotes
historical data for strategy testing
exchange + market pair data
Data updates are pretty frequent (around every minute), which is decent for most strategies.
Also nice that it aggregates data from a ton of exchanges, so you’re not relying on a single source.
Still figuring out:
best way to structure backtesting
whether to combine it with another API for redundancy
What are you guys using for trading bots? Single API or multiple?
#cryptocurrency
I’ve been experimenting with a small crypto trading bot and one thing I underestimated was how important good data is.
Initially tried scraping + a couple free APIs… didn’t go well.
Switched to CoinMarketCap API and it’s been way more reliable so far.
Main things I’m using:
real-time price quotes
historical data for strategy testing
exchange + market pair data
Data updates are pretty frequent (around every minute), which is decent for most strategies.
Also nice that it aggregates data from a ton of exchanges, so you’re not relying on a single source.
Still figuring out:
best way to structure backtesting
whether to combine it with another API for redundancy
What are you guys using for trading bots? Single API or multiple?
#cryptocurrency
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