Hi Gustavo,

An asset’s global spot rate (GWA) is always in USD. The volume is in the asset’s units (and not scaled as thousands or millions). So daily OHLCV for, say, ETH has price is USD, volume in ETH. Conversion of the volume to USD is then just simply the multiplication of price * volume.

At a market level (MWA) the pairs follow the convention base/quote so price is in the quote units, volume in the base e.g. for ETH/BTC, say, price is in BTC, volume ETH.

Apologies for the delay responding - it seems we do not receive notifications of updates to discussions. We are adjusting the process into our own ticketing system so this shouldn’t happen again.

Best regards,
BNC Support

I was able to get access to the new API. Quick question on the OHLCV data. Is the base currency always USD? If not, how do I figure out what base currency is being used? Also, what is the scale used to quote volume? Is it million of USD? Thousands? Thanks!

I’m so sorry, I never got any notification about this. I will update my codes to reflect this. Thanks!

Hi Gustavo,

Apologies for the disruption but it appears you’ve not received an important update. We have been attempting to contact you for over a month to inform you about the impending replacement of the API but the RapidAPI GUI reports an error with your account. We had reported this to RapidAPI’s support team and asked them to directly send you the following:

*Dear sqintel_gustavo,

We wish to advise you of an important change to the Brave New Coin market data service (BNC).

According to our records, you currently have access to BNC data services via your RapidAPI account in the form of a subscription to the Crypto Asset Daily Global Spot Rate OHLCV and Averages API on the BASIC plan. This API is now being replaced by a new offering from BNC called BraveNewCoin in the RapidAPI Marketplace, https://rapidapi.com/BraveNewCoin/api/bravenewcoin.

The new BraveNewCoin API is supported by the BNC’s latest v3 API platform. It will require a little effort to adjust your scripts since v3 brings a new interface. However this API will provide some additional benefit to you: it introduces a new price point with a $US40 plan that may better suit your usage; in addition to spot prices, you can also access market prices and latest supply figures should these be of interest.

Unfortunately impacts from the Covid crisis have forced BNC to accelerate plans to rationalise its systems. This particular API has been deprecated from the RapidAPI Marketplace, as announced July 7th, and will finally terminate on July 31st 2020. We do therefore encourage you to switch your subscription to the new API as soon as possible.

The Support team, support@bravenewcoin.com, will be happy to assist should you need help with anything.

Best regards,
BNC Support *

We hope the above explains the situation and you will be able to easily transition to the new API but please contact support@bravenewcoin.com if you need any assistance.

We are not sure why the RapidAPI messaging has let us down in this instance but we will follow up again with RapidAPI Support. Apologies once again for the unintended communication breakdown.

Best regards,
BNC Support