Just link your terminal to a broker’s automated trading system, which is typically a crypto exchange API, to execute quick and efficient trades. The exchange API allows you to code algorithmic trades that execute at hyperkinetic speeds.

Based on your code, algorithms can automatically buy cryptocurrency , or convert BTC to USD on a crypto trading platform, at a frequency that would be impossible with manual work.

A rate limit is the number of requests that you can send to an exchange per minute, from your terminal. The private rate limit for REST API on CEX.IO Exchange is 600 transactions every 10 minutes, while the public one is 300 transactions each 10 minutes. If using CEX.IO Spot Trading, API traders can take advantage of 100/200 requests per minute (public/private).

CEX.IO API can be used in multiple ways depending on what a trader wants to achieve. Here are some of the most common approaches to take advantage of CEX.IO API:

• Automation — Use CEX.IO API to automate your trades, and take advantage of crypto opportunities 24/7.
• Backtesting — Import historical market data to create and test your trading plan.
• Wide presence on the market — Execute your trades on multiple markets at the same time.
• Advanced strategies — Utilize high precision and fast execution of orders performed via CEX.IO API.

You do not need to do anything else. Just keep your API connection on the same device you used to set it up.

Yes, you can place it when you use Spot Trading. However, this feature is not supported on the legacy CEX.IO Exchange.

The suite of supported order types depends on what platform you use for API trading. On CEX.IO Exchange, you can use only Market and Limit orders to execute your trades.

On the other hand, CEX.IO Spot Trading features Market, Limit, and Stop Limit orders. One Cancels the Other (OCO) and Trailing Stop orders will be added soon. By default, Limit and Stop Limit orders follow Good Till Cancel (GTC) policy on Spot Trading. Additionally, traders may apply the Good Till Date (GTD) and Immediate Or Cancel (IOC) principles for Limit orders if necessary.

Yes, if you need to increase your rate limit, contact our support team via live chat.

It’s very simple to use a crypto trading API on CEX.IO. Follow the five steps below to quickly set up and activate your API:

• Scroll to the Profile symbol on the right top corner of your CEX.IO account homepage and click API in the dropdown menu.
• On the next page, select the functions and data streams you want to import. These consist of place order, cancel order, account balance, open orders, and open positions.
• Once you select the permissions you need, click on the Generate Key button.
• You will then see in the below table, next to your user ID, a new API key and a private key to use with that API access. You will need this information when you connect to the CEX.IO exchange from your account.
• Finally, click on the Activate button on the right side and finish the API setup process for your account.

• Never miss an opportunity: CEX.IO APIs can monitor an unlimited number of markets around the clock, so that you can take advantage of any emerging opportunities.
• Arbitrage opportunities: CEX.IO APIs can identify and execute arbitrage opportunities automatically on your behalf, no matter how long the price disparity has been present.
• Speed: With CEX.IO APIs, trades are executed instantaneously whenever a set of predetermined conditions are met.
• Remove human emotions and error: Tides change very quickly in crypto markets, which can take a toll on your emotions, regardless of experience level.

The REST API is better suited for dealing with your trade orders, while the WebSocket API is suited for both placing orders and retrieving market data. The WebSocket API provides three times more information per request than the REST API.

To make a crypto exchange API comparison, you can consult the algorithm repository of each available API channel on CEX.IO.

Emotion in trading is historically known to be a profit-killer in financial markets, so adopting a systematic and unbiased methodology to crypto trading is essential.

That is where the CEX.IO APIs come to the rescue. You can program predetermined conditions into your terminal which will instruct the APIs to execute trades when those predetermined conditions are triggered. This will in return eliminate the negative consequences of human sentiment and irrational thinking.

A crypto API trading platform is a prebuilt, third-party application that connects to an exchange. Such platforms import data from the CEX.IO exchange, and allow traders to build their trading strategies.

Traders can build strategies based on a plethora of indicators available on CEX.IO. Trading applications typically consist of a set of indicators, while some applications let you import additional indicators from other external data sources.

Momentum trading is best practiced using a combination of multiple price and momentum indicators. Leveraging APIs to import indicator data allows traders to build automated strategies around multiple indicators, and manipulate exchange data to build additional momentum indicators, such as moving averages.

One of the approaches to momentum trading is purchasing crypto assets when their momentum indicators climb above certain resistance levels, and selling them when the indicators get tired and weak. Common momentum indicators include the relative strength index (RSI), the stochastic RSI (stochRSI), the moving average convergence divergence (MACD) indicator, as well as the combination of short and longer-term moving averages.

While developing a momentum trading strategy, traders input specific data points for each momentum indicator, which triggers a trade when that value is realized.

Arbitrage opportunities across different exchanges are typically valid for a few minutes or even seconds, before the price gap is closed by traders at the cheaper exchange. Due to this, it is close to impossible to manually withdraw funds from one exchange, deposit them to the cheaper exchange, and execute a sell order before the price gap closes.

This is where arbitrage trading with APIs comes to the rescue. The use of APIs allows price differences across markets to be identified immediately, while large capital allocations can confidently be moved with the precision of a computer.

Yes. Your cancel order request gets deducted from your transaction limit per minute.

Yes, however, you should note that canceling multiple orders with one single request does not count as a single request in the API channels. The total number of orders you are canceling gets deducted from your transaction limit.

Depositing and withdrawing funds are not yet allowed in the CEX.IO API channels. To do that, you need to go to your CEX.IO account and deposit or withdraw your funds manually.

Currently, you cannot receive the decimal precisions for the order amounts. Stay tuned for more updates from our API team.

You cannot yet place immediate-or-cancel orders, but placing a market order would give you the same result.

Currently, this function is not yet available on the CEX.IO API channels. To withdraw funds, you need to log in to your CEX.IO account and click on the Withdraw button on the right top corner of your CEX.IO homepage.

As customers cannot withdraw funds from API channels, it is currently not possible to set a whitelist for withdrawal addresses either.

Enabling the open orders permission means you will be able to send trading requests with the APIs. If you don’t enable this permission, you will not be able to trade, and you will only be able to access historical trading data.

You do not need to do anything else. You just need to keep your API connection on the same device that you set it up.

Since the deposit and withdrawal functions are not available now, you cannot link the CEX.IO wallet to your trading platform.