Using coinlayer you are building on top of a rock-solid crypto exchange rates source — unparalleled in accuracy and consistency.
Our crypto rates API is powered by a series of reliable crypto exchange providers, ensuring the highest level of accuracy. See how cryptocurrencies have developed over time by querying the API for historical data all the way back to the year The coinlayer API is backed by a solid and highly available cloud infrastructure, delivering your data in milliseconds. We take customer satisfaction seriously, which is why our support team is will do anything to get you what you need, when you need it.
The coinlayer API was built with three things in mind: Performance, ease of use and consistency. Your use of coinlayer comes with a straightforward RESTful request and response structure, extensive and interactive API documentation, integration guides and response times as low as 20 milliseconds.
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Most crypto market data APIs come with high monthly fees, no customer support and low monthly quota. Please do not abuse our service. It is intended to serve as a standard retail price reference for industry participants and accounting professionals. Please note that this is a deprecated version and will be available until further notice.
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Email index coindesk. If you have a press query about the XBP, please see our Press page or contact press coindesk. Currently, these bitcoin exchanges meet the criteria and are therefore included in the US dollar XBP calculation:. The decision to apply a simple average, as opposed to a volume-weighted average, for the CoinDesk XBP was made because the bitcoin market currently lacks sufficient depth and regional liquidity.
Since trading volume now favors particular regions, a volume-weighted approach would not act as a proper global indicator, because each international bitcoin exchange is not equally available to all national trading participants.
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A simple average does not favor a regional exchange with high volume and ensures that the XBP is meaningful for the largest number of market participants. Also, a simple average approach minimizes the impact of volume irregularities and accidentally excluding an exchange. As overall liquidity improves and the number of global exchange choices increases, the impact of regional variances should diminish and a volume-weighted approach may become more appropriate.
Bitcoin price index data and the API has been used by many projects, tools, and journalists.