Ethereum: Need authoritative source for historic Bitcoin conversion prices from all exchanges
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API Prices of Bitcoin Historical Bitcoin
Ethereum, one of the larger and largely used blockchain platforms, has long been a point of reference for digital currencies. Bitcoin, the first and best known cryptocurrency, is often cited as the Gold Standard in the cryptocurrency community. However, the monitoring of the historical prices of Bitcoin in all exchanges can be a challenge due to differences in data sources, price models and exchange policies.
The need for an authority
As a reliable source for historical bitcoin conversion rates, we must collect data from multiple authoritative sources. Currently, there are several available bees that provide information on cryptocurrency prices. However, most of these bees may not cover all exchanges or provide accurate and updated prices. In addition, some bees may require manual intervention or have restrictive use policies.
The solution: Ethereum Exchange Api
To provide an exhaustive and authoritative source for the historical prices of Bitcoin through important exchanges, we propose the development of a complete fir that aggregates the data from multiple exchanges of cryptocurrency.
Sources of data:
- Binance : a popular exchange and widely used with a great market capitalization.
- Kraken : a professional trading platform known for its solid security features and the vast list of cryptocurrencies.
- Bitstamp : An exchange respectable with a long history of supply of data on accurate prices.
- Huobi : a consolidated exchange that offers competitive prices and a wide range of cryptocurrency lists.
API Design:
Our proposal will provide the following data points for the historical prices of Bitcoin:
- Date: The date on which the conversion was performed.
- Tasso: The current price of Bitcoin in USD on the date and time specified.
- Exchange: The specific exchange in which the conversion was carried out (eg Binance, Kraken, etc.).
- List: The cryptocurrency listed on the respective exchange.
Implementation:
To implement this bees, we will use a combination of bees from the following providers:
- COINMARKETCAP : A popular and authoritative source for cryptocurrency data.
2
The proposed API will be built using Python with the bookstores requested (for example, is required for HTTP requests, Json 'for data analysis).
Example code:
Here is a snipper of example code that shows how to use the proposed API:
Python
Import requests
Def Get_price (data):
Exchange = Data [‘Exchange’]
List = date [‘list’]
installments = date [‘installments’]
base_url = f’https: //api.coinmarketcap.com/v1/coins/ {List}/Market_data ‘
Headers = {‘Accept’: ‘Application/Json’}
Params = {
‘Access_key’: ‘Your_Coincap_api_key’,
‘Api_Key’: ‘Your CoinMarketCap API key’,
‘Interval’: ’24h’
}
Answer = Requests.get (base_url, Headers = Headers, Params = Params)
If reply.status_code == 200:
Data = Response.json ()
return {
‘Data’: List,
‘Tasso’: tariff,
‘Exchange’: Exchange
}
other:
Increases the exception (f’failed to recover the price: {Reply.text} ‘)
Def Main ():
Data = {
“Exchange”: “Binance”,
‘List’: ‘Btcusd’
}
Result = Get_price (data)
Print (result)
If __name__ == ‘__main__’:
principal()
``
Conclusion
The proposal Ethereum Exchange API provides an authoritative source for the historical prices of Bitcoin through important exchanges. By aggregating the data from multiple sources, this API guarantees accuracy and reliability in providing information on the prices of cryptocurrency.
This solution can be easily integrated into any application or scripts that requires data on cryptocurrency prices.