BitcoinAverage Upgrades Version of Cryptocurrency WebSocket API

In the emerging market of Cryptocurrency, all the stakeholders are looking for better tools. An interesting development has come up that promises faster updates of real-time information with lesser bandwidth.

The second version of Cryptocurrency WebSocket API that has been brought to the market by, who are the pioneers of creating Bitcoin price index. Most of their clients deploy the WebSocket API tool for their operations making its demand is quite high. Whenever the market experiences a change, every business has the crucial requirement of conducting price analysis. The price data needs to be procured as fast as possible and v2 does precisely that.

The previous version was working fine, but it had certain drawbacks. The price snapshots were taken at predefined intervals, where the number of intervals differed for different levels of paid plans. These snapshots were being sent even when there were no updates in the price and this was hampering the efficiency.

With the new version, a change triggers the immediate calculation of the Bitcoin Average index and new WebSocket channels (Index data channel and Raw exchanges data channel) are used to transfer the price. This process is the prime factor that enables the reception of updates with lightning speed. Even for the most popular markets like Bitcoin to US Dollar conversion, the speed doesn’t slow down due to the load and the required updates are available in milliseconds.

The v2 API is accessible to those users who have subscribed to the Enterprise plans. A free 15 days subscription to the new users of Enterprise plan is also available.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today