The Universal Crypto Exchange APIs

One of the biggest challenges for builders in the cryptocurrency community is the vast inconsistency in function and quality of exchange APIs. Every exchange has their own quirks which present an impossible challenge for developers who want to integrate support for a range of exchanges. The impulsive whims of each exchange’s technical team means things can change without notice, assets can unexpectedly become unavailable or unlisted, and the API calls you were comfortable using may disappear. There are no standards or best practices that have been established, so dealing with exchanges becomes exhausting.

The current way applications are built on top of exchanges is unsustainable. Even simple tasks become overcomplicated when dealing with the inconsistencies of exchanges. This places a significant burden on application developers.

After months of development, the Shrimpy team is releasing the solution to this colossal problem. We are tired of watching amazing development teams struggle due to arrangements that are out of their control. The crypto community deserves better. Bringing crypto to the masses requires a unified interface under which we can access and manage every exchange. Providing development teams the tools that are necessary to create incredible products.

Our solution to this complex problem is a universal layer which sits between the application developers and exchanges. This eases the development and maintenance burden on developers and frees them up to focus on creating new and innovative products.

Today, Shrimpy is releasing the Universal Crypto Exchange APIs. These APIs will provide the foundation for the next wave of trading tools. Eliminating the complex nature of crypto exchanges, Shrimpy’s Universal API v1 offers the following features:

• Trade Execution.
• Portfolio Allocation.
• User Exchange API Key Management & Secure Storage.
• Exchange Account Data Collection.
• Market Data Collection.
• Automated Rebalancing & Strategy Execution.

Each and every one of these features is packaged into the Shrimpy APIs for easy access and management from 3rd party applications. This universal API is the same across all exchanges. That means trading on different exchange is as simple as specifying the exchange. Integrating trading capabilities into your platform has never been so simple.

How it works

Let’s say you are a developer who is creating an application. You want a product with trading functionality, but you don’t want to spend the time to integrate numerous exchanges or manage listings, quirky limitations, hundreds of servers, and constant upgrades. You can use Shrimpy in the following way, instead.

1. Create a Shrimpy account for each of your users through our APIs.
2. Allow your users to connect up to 20 exchange accounts. Their data is securely stored by Shrimpy, so you never need to manage these exchange accounts.
3. Execute trades, collect data, and manage user exchange accounts through the Universal Crypto Exchange APIs.

That’s it. These are the 3 simple steps to start trading with Shrimpy. It’s easy to integrate and no hassle to maintain. We take care of the asset listings, exchange integration, trading logic, API key security & management, asset allocation, market data collection, user data retrieval, and intricacies of a distributed system that can process millions of trades every day. Something that took over a year for us to build is accessible to you for instant integration.

Mission

Shrimpy is becoming the layer on top of exchanges which promotes the development of products and services that can advance the global adoption of cryptocurrencies. Our mission is to bring cryptocurrencies to every person by both improving the development process as well as providing services which are simply designed and easy to use.

Accelerate your development with the Shrimpy Universal Crypto Exchange APIs.

Get Started today! Sign up for free here.

Shrimpy - Cryptocurrency Portfolio Management

Originally published at blog.shrimpy.io.

The Universal Crypto Exchange APIs was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.