SingAlliance is a platform that enables the highest level of trading expertise for the most demanding cryptocurrency investors. The company handles thousands of transactions with a special focus on security, high availability, and low latency. One of the key components of their trading strategy is their ability to manage price volatility. CoinAPI provides API for crypto investing and analysis to help SingAlliance better understand the market, which results in increased profit for its customers.
Since crypto assets are dynamically developing, more and more investors are trying to diversify their portfolios with them and take advantage of some of the potential benefits of this new asset class. Platforms and tools for managing cryptocurrency assets make it possible to profit from assets without worrying about the technical aspects. Since the retail industry became aware of the disruption produced by cryptocurrencies in 2017, there have been more chances than ever for funding activities in this market. SingAlliance assists companies in investing their money in high-performing assets across exchanges as an expert in managing crypto operations.
SingAlliance was established in 2011 in Singapore and is now a stand-alone wealth management business. With offices geographically positioned in Singapore, Geneva, Hong Kong, and Dubai, SingAlliance offers high-net-worth individuals and institutional clients comprehensive financial solutions and expert guidance in addition to managing a variety of investment funds with high added value.
Today we spoke with SingAlliance CEO Thierry Beck to learn how the company uses CoinAPI to transform complex aggregated crypto data into data that clients can access.
The challenge
SingAlliance seeks API for crypto investing and historical cryptocurrency data analysis to do quantitative research. They need access to REST API and that was the main selection factor to choose an API vendor. SingAlliance combines its expertise in traditional finance with intensive research into cryptocurrencies by using CoinAPI. This allows them to not just advise its customers, but also actively invest on their behalf to access this new, growing asset class.
Here are the challenges SingAlliance faced:
1. Access to REST API
Access to REST APIs allows it to parse useful data from several exchanges at once and build a large library and feature-rich front-end application
2. Lack of reliable API for crypto investing and analysis
To do quantitative research SingAlliance’s biggest problem was finding market data API with instant access to real-time and historical data on cryptocurrencies
3. Lack of historical cryptocurrency data
SingAlliance wanted to team up with a provider that could offer up-to-date pricing information which is essential for those in the trading, investing, and cryptocurrency fields.
4. Institutional solution
SingAlliance was looking to collaborate with like-minded professionals. The corporate entity provides the support and resources to get the most out of the solutions. Plus, with the corporate entity’s backing, customers are sure that the solutions are reliable, secure, and up-to-date.
5. Diversified sources of prices
SingAlliance was looking for a trustworthy place to get information about cryptocurrency prices and a relatively easy method of obtaining prices from numerous exchanges and calculating the price of individual cryptocurrencies based on other supported cryptocurrencies.
The solution – API for crypto investing and analysis
SingAlliance chose CoinAPI as its provider of cryptocurrency data because it has offered trustworthy statistics for the previous three years. With CoinAPI’s API, SingAlliance can monitor real-time price movements across all major cryptocurrencies; track individual wallets; identify trends among top traders; discover unusual activity like pump and dump schemes; and even check on regulatory enforcement actions against exchanges by country.
With CoinAPI, the SingAlliance team has quick access to cryptocurrency history data and is better positioned to do quantitative analysis and offer their clients the most effective trading techniques. This makes it possible for them to manage their fund to produce long-term financial appreciation by making direct or indirect investments in a broad portfolio of reputable digital assets.
API for crypto investing and analysis
SingAlliance chose to use CoinAPI because it requires a trustworthy crypto data provider that gathers and delivers data through an API to offer the best portfolio management services and quantitative trading options.
Now, SingAlliance can provide reliable cryptocurrency information for all their clients—tailored to their specific investment.
CoinAPI is the most reliable and affordable solution for SingAlliance. The company has been using CoinAPI for years, and it provides reliable data for its research on crypto trading strategies.
Here’s how CoinAPI solved SingAlliance’s challenges with API for crypto investing and analysis:
1. Get more insights thanks to real-time streamlined data
With the help of a market data API, customers can get more insights thanks to real-time streamlined data. SingAlliance can provide the necessary tools to analyze the market and allow investors to make informed decisions. They provide detailed insights into the current state of the crypto market and the potential of each coin and token. This data can help investors assess the potential risk and reward of any given investment.
2. Connecting clients with cryptocurrency assets
Thanks to data from CoinAPI, SingAlliance can provide a variety of services including asset management, trading, research and analysis, and portfolio management. Customers have access to a wide range of digital assets. This can help investors build a diversified portfolio of digital assets, compare and contrast different types of digital assets, and identify growth opportunities.
3. Work with reliable, enterprise-grade API for crypto investing and analysis
For businesses looking for a reliable, enterprise-grade source of data, a Crypto Market data API is the perfect solution. You can access up-to-date, real-time information on the crypto market. You’ll get reliable, accurate data on prices, trading activity, and more. Plus, you’ll have the flexibility to customize the data to meet your specific business needs. The CoinAPI is also incredibly secure, utilizing the latest encryption technology to ensure the data is kept safe. Plus, it is easy to integrate into any existing system, making it the perfect choice for businesses of all sizes.
4. Making service stable
Stability is one of the most important aspects of using APIs. A stable API connection is essential for providing a seamless user experience, as it ensures reliable communication between components and systems. By using the CoinAPI service, SingAlliance ensures that its portfolio tracking is always running smoothly and efficiently.
5. Making integration quick and simple
API integration is often the key to unlocking powerful new features and functionality. Using an API integration platform can help speed up the process by providing the necessary infrastructure and tools to quickly and easily integrate APIs.
6. Providing multiple price sources
With a crypto market data API, you can get access to multiple price sources, helping you make informed decisions. You can use the API to track the performance of different cryptocurrencies over time, allowing you to make better decisions based on historical data. With all this data at your fingertips, you’ll have the tools you need to make the most out of the crypto market.
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