Bithumb API

Bithumb, founded in 2013, is a South Korean-based platform for trading cryptocurrencies. It holds a position among the world’s largest cryptocurrency exchanges by trading volume. Trading is possible with numerous cryptocurrencies. The company provides various services including a mobile app in addition to its trading platform. Its API is available to developers too.

Its API (Application Programming Interface) facilitates the integration of its trading platform into developers’ applications. Those looking to construct their own trading bots or other applications could benefit from this. Real-time trading data is relied upon by these applications. The company has made their API available in two different versions known as v1 and v2. No longer recommended for use, the v1 API was deprecated. The API’s v2 version is currently active and being maintained.

For accessing different varieties of data, the API offers several endpoints. Using the “ticker” endpoint, developers can acquire the latest price information for a specific cryptocurrency. Likewise, by employing the “orderbook” endpoint, they can obtain details regarding current buy and sell orders for that specific cryptocurrency. Order placement, order cancellation, and retrieval of information on past trades are all available through endpoints.

The API was made using the standard method for web-based APIs known as the REST (Representational State Transfer) architecture. Ease of use and thorough documentation are the primary concerns of the API. Having a variety of experience levels won’t hinder developers from accessing it.

The API features stringent security protocols. Users’ asset protection is of utmost importance, as its security measures show. Bithumb utilizes a security system with multiple layers that consist of both hardware and software-based measures for enhanced protection. Measures like SSL encryption, two-factor authentication, and cold storage ensure the safety of user funds.

Using this API mandates following particular guidelines set forth for developers. To authenticate their requests, developers have to use API keys. For instance. Overloading can be avoided by limiting API requests and maintaining a safe system. They also supply guidance on managing errors and coping with rate limiting.

Users can trade cryptocurrencies on the go utilizing the mobile app in addition to its API. The app is compatible with both iOS and Android devices allowing users to access it from either platform. Among its capabilities are live price updates, order execution functionality, and the ability to review your transaction history.