How To Buy Access To Real-Time Cryptocurrency Market Data

Many want to participate in trading cryptocurrency but do not know where to start or how to analyse the market. Fortunately, many experts mine and parse data for traders, so they can get the most value from their investments. Obtaining crypto data is straightforward, and it reduces the dangers of acquiring assets in an inherently high-risk environment. 

 

Why Is Crypto Market Data Useful and How Is It Bought?

 

People interested in decentralised finance and emerging digital currencies need to make informed purchasing decisions. The landscape is volatile, chaotic and unregulated, and traders do not have the security and consistency of conventional markets to guide them. 

Cryptocurrency is constantly changing and adding new products with fluctuating values, which is why many amateurs and experts purchase information from third-party platforms that intimately study trends. Obtaining information about cryptocurrency is as easy as understanding the regular stock market if traders know where to look.

This information can lead to a higher chance of success in the crypto world because it helps people:

• Get access to predictions from experts
• Refine risk management
• Stay ahead of trends
• Contribute to community knowledge-building
• Keep higher security standards
• Obtain sentiment analysis
• Know the best time frames to buy and sell

 

Where Can You Buy Access to Real-Time  Cryptocurrency Market Data?  

 

Crypto enthusiasts can spend more time focusing on the security and value of their assets if they know where to get the most lucrative data. These are the top platforms.

 

1. Amberdata

Amberdata has been in business since 2017, unlocking secrets about the crypto and blockchain world to help traders. It also researches decentralised finance, on-chain and more with its various APIs and analytics products. The newest addition — the Spot Market Analytics platform — provides a deep dive into trade and order book depth while embracing automation.

The company is unique because it relies on real-time data in the context of historical information. Its tenure gives it a better understanding of incoming knowledge because it has robust experience with decentralised finance protocols and years of feedback from leading financial institutions. Its platforms are easily customisable with a user-friendly, unified API to ensure high uptimes and reliability.

 

2. Kaiko

Kaiko has its hands in all crypto networks, with clients as large as TraderJoe and Princeton University. It has a reputation for an impressive depth of knowledge, sourcing information from hundreds of centralised and decentralised exchanges, so its team does not miss anything. Kaiko also has strong cybersecurity standards, with SOC-2 Type II and EU BMR-compliant certifications.

The organisation offers several product types, including data feeds, analytics and monitoring. Customers can choose which perspective is most useful for their portfolio. Because of the product diversity, buyers can learn more about fair value pricing while receiving market-level surveillance capabilities. 

 

 

3. Coin Metrics

Coin Metrics offers institutional-focused services with one of the cleanest interfaces of any market analyser. However, individual and protocol users can also benefit from this platform that engages hobbyists alongside the experts. It values data with integrity, so it focuses on risk management tools with its market analytics. 

It has one of the best reputations in the landscape because of its accessibility. It has over 100 academic users and 650 Google Scholars. The platform’s collaborative nature is also represented in its 21,000 weekly community API users and 24,000 newsletter subscribers. It provides regular educational resources to the public that would typically be locked behind closed doors.

 

4. CryptoCompare

Based in London, CryptoCompare has been operating for over a decade. Its platform has immediately accessible, real-time charts that show users cryptocurrency in action. The data covers over 300 exchanges and thousands of coins, so you can access the most niche yet high-value assets whenever possible.

Its enterprise-grade APIs give its community plenty of room to customise how the data works for them. The featured lists for exchanges, gambling and wallets navigate new users to the best place to delegate their resources. CryptoCompare also offers numerous guides to help you become a crypto expert on your own time.

 

5. Messari

Messari is one of the newcomers on the list, established in 2018, but its commitment to being a top data aggregator and researcher is clear. The platform is full of information to peruse, including insights on on-chain analytics and artificial intelligence-based research. It has some of the most affordable pricing plans for individuals and pros, with each offering knowledge about crypto governance, asset discovery and more.

The platform organises its information in two intuitive ways — use case and role. You can decide what is most meaningful for you based on your goals or how you want to interact with the crypto world. If you wish to use it to fundraise or contribute to research, Messari has options for both.

 

Crypto Market Platforms in Summary

 

Discover the key differences between these providers to help with your decision.

 

Company	Data	Best Quality	Established
Amberdata	Multi-chain, DeFi, CEX	APIs	2017
Kaiko	CEX, DEX, historical	Compliance	2014
Coin Metrics	Network, market, risk	Transparency	2017
CryptoCompare	Hundreds of exchanges	Data density	2014
Messari	Market, on-chain	Research quality	2018

 

Every option listed is known for an institutional focus and robust APIs, making them all quality choices.

 

Your Gateway to Informed Trading 

 

Diving into cryptocurrency and decentralised finance feels more approachable when there is data to guide you. These are some of the best places to source analytics to make you feel more confident in your portfolio. Sign up and explore these platforms today to see how much value they can provide to your journey into cryptocurrency.