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CryptoCompare Launches New Commercial API Service

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On Tuesday (4 December 2018), CryptoCompare, a leading cryptocurrency market data provider, announced that "in response to customer demand for commercially scalable and customisable cryptocurrency data solutions," it had added a powerful new commercial API service to complement its existing free API service.

CryptoCompare, which was founded in 2014 and is headquartered in London, currently provides retail and institutional investors with reliable real-time cryptocurrency market data on 5,696 coins and 264,465 trading pairs. 

What it most seems to pride itself on are the integrity and scope of the data it delivers. One way it tries to insure the integrity of its data is by reviewing crypto exchanges on a monthly basis, monitoring for market abuse, and taking regional anomalies and geographical movements into consideration. This monthly exchange review is considered essential reading by some of the biggest names in the crypto space. A few examples of major financial data providers that rely on CryptoCompare are Yahoo Finance, Thomson Reuters, and VanEck's indices division MVIS.

On 6 November 2017, VanEck's MVIS announced that it had "became the first major index provider to offer digital asset (crypto) indices" via a partnership with CryptoCompare, and said that "MVIS CryptoCompare Indices are the first to meet investment industry benchmarking standards by providing a public rulebook for fork treatments and other events, industry-wide data distribution, proper identifiers and further standard index governance requirements that are expected from a regulated, unaffiliated, major benchmark provider."

Up until today, CryptoCompare was offering a very popular free "Personal" API service for providing access to crypto market data. This is perfect for "individual users wh...

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