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About Blockfolio APIs
For a long time, people have known and used money as a medium of exchange. However, as the world becomes digitized, people begin to invent other currencies with some advantages over physical cash. The use of cryptocurrency has been on the rise over the past few years. People prefer to trade online using cryptocurrency because one cannot duplicate it or spend twice using it. Fraud cases are rare.
One of the most commonly used cryptocurrency is bitcoin. The bitcoin is a medium to transact on digital platforms, and one can transfer or receive bitcoin into their wallet. For every transaction, there is a recording in the blockchain, which is a public list. The Blockfolio API allows for the exchange integration of cryptocurrency. They take stock in a series of time. It could be monthly, daily, weekly, or yearly.
How Blockfolio APIs works
The API mostly uses the CSV format, unlike other APIs that are JSON reliant. The CSV allows a greater memory capacity. The user sends API parameters specifying whether they want to calculate the forex rate, cryptocurrency, or crypto rating, and the API responds to the query in realtime.
Developers - A painless and seamless process of building an application is what any developer would long. The Blockfolio APIs allow the developers to create cryptocurrency applications and tools without beginning from the bottom. This software’s data acts as a building block or a foundation for making calls and requests in applications. It also saves time as most challenges already have solutions, and they do not have to sit for hours trying to find the answers.
Crypto Analysts - Like any other financial institution, the crypto world is an analysis done to predict risk, loss, or profit. The data in the API provide accurate information for these analysts to make their predictions.
Cryptocurrency Companies - These companies require data to know where to make adjustments in their transactions and policies.
- Provides realtime results to your search
- Provides a tracker for your transactions
- It has a simple-to-use interface.
Blockfolio is one of the most useful APIs to use in the cryptocurrency world. However, it has its weakness, and the market will use this weakness to create better Blockfolio alternatives.
Some of the current Blockfolio alternatives are BitUniverse, contacts, cryptagon, and delta. There also exist examples of the API that blockfolio uses. One such example is the Alpha Vantage API.
Best Blockfolio APIs
Blockfolio API SDKs
All Blockfolio APIs are supported and made available in multiple developer programming languages and SDKs including:
- Java (Android)
- C# (.NET)
Just select your preference from any API endpoints page.
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