CoinAPI Use Case - Integration of Crypto Custody Solution With CoinAPI

Crypto Custody

Securing and managing digital assets in custody services

Addressing operational complexity in building a robust crypto custody solution.

Building a crypto custody solution requires a significant amount of operational complexity. Custodians must implement a range of technical and operational procedures to manage keys, wallets, and transactions, and ensure the accurate reporting of holdings. Crypto API can help simplify the development of a crypto custody solution by providing access to secure key management, reporting, analytics, and integration capabilities. This can help custodians to build a robust and secure platform for managing digital assets.

What are the pain points when performing crypto custody?

Spending a lot of time collecting data from various resources

Poor data quality

Managing and validating transactions securely

The need to securely create, manage, and backup cryptocurrency wallets

A complex development process that requires to focus on security, a user-friendly, and scalable crypto custody solution that can meet the needs of users and comply with regulations

Providing accurate and detailed reporting for clients and regulatory bodies

Integrating with different blockchains and technologies

Finding a trustworthy API partner with advanced infrastructure and functionality customization to meet customer’s specific needs

How does CoinAPI solve this issue?

CoinAPI Products Used:

Get access to real-time and historical crypto market data

Access critical data and analytics for crafting crypto indices in real-time
Track multiple cryptocurrencies' prices in one place instead of attaching data from different resources
Monitor market trends and changes
Access to features like data filtering and aggregation to improve data accessibility and usefulness

High-quality, normalized data

Easy access to structured data from multiple exchanges
Access to high-frequency exchange rates
CoinAPI also provides unique datasets that may not be commonly available through other providers including specific event data and preprocessed information tailored to various analytical requirements
CoinAPI ensures data consistency across exchanges and assets, so you can use data right away

Reduced development cost & time

Developers can easily implement APIs without dealing with multiple APIs themselves
CoinAPI enables seamless app integration for an efficient stack
CoinAPI offers REST, WebSocket, and FIX protocols to facilitate faster integration between API and users

Fast and seamless onboarding process

Easy integration with third-party trading systems
Quick response time
Tick-by-tick data for making day-to-day transactions and payments
Interact with crypto data easily to focus on your own solution development

Full API maintenance

Leverage CoinAPI's SDK to avoid API maintenance
CoinAPI aids in building feature-rich crypto wallet apps with seamless synchronization
API integration with CoinAPI unlocks new features and facilitates easy integration

Why developers love us?

We empower developers with tools and resources that streamline their workflow, allowing them to create innovative solutions faster and more efficiently.

Python

Matlab

C++

.NET

java

javascript

typescript

Node.js

Gopher

php

Haskell

tensorflow

Ruby

Unified Ecosystem

Access a cohesive platform where all components work seamlessly together, eliminating compatibility headaches and streamlining your development process.

Plug-and-Play Solutions

Leverage our modular architecture to rapidly build and customize your applications. Mix and match components to create tailored solutions effortlessly.

Developer-Centric Design

Experience a platform built by developers, for developers. Our intuitive design and developer-first approach make complex tasks feel effortless.

Our core values

Why Choose CoinAPI?

Uninterrupted Service

Our distributed infrastructure have 100ms-level failover time. Standard SLA included to all subscriptions. Experience seamless operations, regardless of local disruptions.

Comprehensive API Suite

Access our full range of financial data through a single, unified API ecosystem, simplifying integration and reducing development time.

Tailored Data Solutions

From unique order types to proprietary exchange data, we support custom requests that go beyond standard offerings, adapting to your specific integration requirements.

Real-time & interconnects

We operate on proprietary infrastructure, ensuring the lowest latency and highest uptime in the industry. Our global network using UDP na BGP protocols to exchange data directly between our data centers and Customers.

Real-time and historical data from all exchanges

Seamlessly access both real-time and historical data from over 300 data sources in same format, enabling thorough market analysis and informed decision-making.