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CoinMarketCap API VS BitcoinAverage Cryptocurrency API

Compare CoinMarketCap API VS BitcoinAverage Cryptocurrency API and see what are their differences

CoinMarketCap API logo CoinMarketCap API

CoinMarketCap is the biggest plattform aggregating cryptocurrency informations e. g. prices and marketcap from multiple exchanges. CoinMarkeCap provides multiple APIs all offer a certain amount of data for personal usage for free.

BitcoinAverage Cryptocurrency API logo BitcoinAverage Cryptocurrency API

The BitcoinAverage Cryptocurrency API provides real time Websocket and Historical Price price data for hundreds of cryptocurrencies.
  • CoinMarketCap API Landing page
    Landing page //
    2022-06-17
  • BitcoinAverage Cryptocurrency API Landing page
    Landing page //
    2022-09-30

CoinMarketCap API features and specs

  • Comprehensive Data Coverage
    CoinMarketCap API provides extensive data on a wide range of cryptocurrencies, including historical data, ticker prices, and market capitalization, which can be beneficial for developers and businesses looking for detailed market analysis.
  • Real-time Data
    The API provides real-time updates on cryptocurrency prices and market changes, enabling applications to deliver up-to-the-minute information to users.
  • High Reliability and Status Monitoring
    CoinMarketCap is a well-established platform known for reliability, and its API includes features for monitoring the service status, ensuring stability and reliability for applications that depend on it.
  • Diverse Endpoints
    The API offers numerous endpoints covering various cryptocurrency data aspects, including listings, global metrics, and price conversions, which allow for flexible usage depending on the user's needs.
  • Wide Adoption and Community Support
    Due to its popularity, there's a broad community and many resources available to assist developers with integration, troubleshooting, and enhancing their applications using the API.

Possible disadvantages of CoinMarketCap API

  • Subscription Costs
    Access to more advanced features, higher rate limits, and historical data on the CoinMarketCap API often requires a paid subscription, which could be a barrier for small developers or projects with limited budgets.
  • Rate Limiting
    Free-tier users face rate limits that can restrict the number of requests they can make to the API in a given timeframe, potentially hindering services that require frequent data updates.
  • Complexity for Beginners
    For developers new to APIs, the wide range of endpoints and available data can be daunting and may require a significant learning curve to use effectively.
  • Data Inconsistencies
    There may be occasional discrepancies in data, as the source collates information from numerous exchanges, which might lead to minor inconsistencies across the dataset.
  • Dependency on Third-Party Platform
    Relying on an external provider such as CoinMarketCap means that applications are dependent on the provider's uptime and data accuracy, which introduces an element of risk outside the developer's control.

BitcoinAverage Cryptocurrency API features and specs

No features have been listed yet.

CoinMarketCap API videos

How to call CoinMarketCap APIs

More videos:

  • Review - Beginner's Guide to the CoinMarketCap API with Python (TUTORIAL)

BitcoinAverage Cryptocurrency API videos

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Category Popularity

0-100% (relative to CoinMarketCap API and BitcoinAverage Cryptocurrency API)
Cryptocurrencies
55 55%
45% 45
Crypto
53 53%
47% 47
Blockchain
57 57%
43% 43
Cryptocurrency Investment

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare CoinMarketCap API and BitcoinAverage Cryptocurrency API

CoinMarketCap API Reviews

11 Best Crypto APIs for Developers
CoinMarketCap API has a limited free plan that quickly increases in price based on the number of monthly call credits.
Source: medium.com

BitcoinAverage Cryptocurrency API Reviews

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Social recommendations and mentions

BitcoinAverage Cryptocurrency API might be a bit more popular than CoinMarketCap API. We know about 1 link to it since March 2021 and only 1 link to CoinMarketCap API. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CoinMarketCap API mentions (1)

  • Using the CoinMarketCap API in Excel
    Before you can use the CMC API, you need to sign up for a (free) developer account, to receive an API key. You can sign up at pro.coinmarketcap.com and - after verifying your account - you can retrieve your API key. Source: over 3 years ago

BitcoinAverage Cryptocurrency API mentions (1)

  • I miss preev.com so I made my own. Let me know what you think.
    I use a few APIs like CoinGecko etc...I ingest into a database and average the prices. The purpose here isn't absolute accuracy (you can go directly to the exchanges for that) it's to give an overall view a bit like Preev.com did. I think they used bitcoinaverage.com or something for their data, I never really figured it out. Source: almost 3 years ago

What are some alternatives?

When comparing CoinMarketCap API and BitcoinAverage Cryptocurrency API, you can also consider the following products

CoinAPI - CoinAPI is a platform which provides fast, reliable and unified data APIs to cryptocurrency markets.

Bitquery - Tools that parse, index, access, search, & use info across blockchain

CryptoCompare - We bring you all the latest streaming pricing data in the world of cryptocurrencies.

CoinGecko - CoinGecko is a free to use web-based and mobile application that provides financial market data for more than 2000 digital currencies.

Wyre - Instantly buy and sell Bitcoin

Shrimpy - The easiest and most trusted way to manage your digital assets.