Ethereum: Need authoritative source for historic Bitcoin conversion prices from all exchanges

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Historical Bitcoin Conversion -Prices API

Ethereum, one of the largest and most common blockchain platforms, has long been a benchmark for digital currencies. Bitcoin, the first and best-known cryptocurrency, is often referred to as a gold standard in the crypto community. The persecution of historical Bitcoin prices across all stock exchanges can be a challenge due to differences in data sources, price models and exchange guidelines.

The need for authority

As a reliable source for historical Bitcoin Conversion rates, we have to collect data from several relevant sources. There are currently several APIs available that contain cryptocurrency information. However, most of these APIs do not cover all stock exchanges or deliver precise and current prices. In addition, some APIs may require manual intervention or have restrictive usage guidelines.

The solution: Ethereum Exchange API

In order to provide a comprehensive and relevant source for historical Bitcoin prices across large stock exchanges, we suggest to develop a comprehensive API that aggregates data from several cryptocurrency exchanges.

Data sources:

• Binance : A popular and widespread exchange with a large market capitalization.

• Kraken : A professional trading platform that is known for your robust security features and extensive listing of cryptocurrencies.

• Bitstamp : A serious exchange with a long history of providing precise price data.

• Huobi : A well -established exchange that offers competitive pricing and a wide range of cryptocurrency lists.

Api design:

Our proposed API provides the following data points for historical Bitcoin prices:

• Date:

  The date on which the conversion was carried out.

• tariff: The current price of Bitcoin in USD for the specified date and time.

• Exchange:

  The specific exchange on which the conversion was carried out (e.g. Binance, octopus, etc.).

• List: The cryptocurrency listed on the respective exchange.

Implementation:

To implement this API, we will use a combination of APIs from the following providers:

• Coinmarketcap : A popular and relevant source for cryptocurrency data.

• Api-Gateway : A service of third-party providers that offers a safe and scalable API hosting.

The proposed API is created with Python with the necessary libraries (e.g. “Requirements” for HTTP inquiries, “JSON” for data analysis).

Example code:

Here is a sample code snippet that shows how the proposed API is used:

`Python

Import inquiries

DEF GET_PRICE (data):

Exchange = data ['Exchange']

Listing = data ['listing']

rate = data ['rate']

Base_url = f'https: //api.coinmarketcap.com/v1/coins/ {Listing}/Markt_Data ''

Headers = {'Accept': 'Application/Json'}

params = {

'Access_Key': 'Your_Cincap_api_Key',

'Api_Key': 'Your coinmarketcap -api key', '

'Intervall': '24h'

}

Response = Requests.Get (base_url, header = header, params = params)

if response.status_code == 200:

Data = response.json ()

return {

'Date': Listing,

"Rate": Rate,

'Exchange': exchange

}

different:

Increase the exception (f'failed to call up the price: {response.text} ')

Def Main ():

Data = {

'Exchange': 'Binance',

'Listing': 'Btcusd'

}

Result = get_price (data)

Print (result)

If __Name__ == '__Main__':

primarily()

Diploma

The proposed API of Ethereum Exchange offers a significant source of historical Bitcoin prices across large stock exchanges. By aggregation of data from several sources, this API ensures the accuracy and reliability when providing cryptocurrency information.

This solution can be easily integrated into any application or script that requires cryptocurrency data.