Historical Order Book Data Now Available On Bitfinex Terminal
Historical Order Book Data Now Available On Bitfinex Terminal
January 8, 2021
Historical Order Book Data Now Available On Bitfinex Terminal
Historical Order Book Data Now Available On Bitfinex Terminal
January 8, 2021

Bitfinex, a state-of-the-art digital token trading platform, has launched snapshots of historical order book data on Bitfinex Terminal, a real-time market data feed.

Bitfinex customers can now obtain access to historical snapshots of exchange order book data on a pay-as-you-go basis, enabling the backtesting of trading ideas to power algorithmic strategies. The data provided, which consists of snapshots taken every 5 seconds, is compressed, delivering a small storage footprint and fast replication times.

Users can purchase snapshots of data with bitcoin via the Lightning Network, Tether tokens (USDt), or UNUS SED LEO, Bitfinex’s native token. After a user buys an amount of time for a specific trading pair, he or she is able to query and download as many of that pair’s snapshots until the purchased time expires.

Paolo Ardoino, CTO at Bitfinex, said:

“Providing historical snapshots of our order book expands the range of advanced tools available to the growing number of algorithmic traders on our platform. These premium, low-cost datasets build on the existing public trade data that can be accessed for free on Bitfinex Terminal.”

Bitfinex Terminal can be accessed through a Node.js software development kit (SDK) using Dazaar as the transport layer. Users can navigate to Advanced Features where the Bitfinex Terminal tab offers a link with instructions to download Dazaar and access Bitfinex Terminal.

ALSO READ :  IOHK Launches $250K Fund, Enabling Community To Realise Innovative Applications Of Cardano

Users will then be redirected to the Bitfinex Terminal GitHub Page, which contains documentation on how to use the SDK to access datasets through Dazaar. Users can peruse a series of premium datasets and purchase their preferred query time for their chosen premium dataset at a rate of US$0.02, 100 satoshis, or 0.0015 UNUS SED LEO per hour, per dataset at the present time. 

Bitfinex Terminal is a real-time market data feed that allows users to backtest trading ideas that can power trading strategies. Bitfinex Terminal also offers public trade data that is free to access through GitHub, following instructions from Bitfinex.


About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market, and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.

ALSO READ :  The Reinvention Of ICT Spring: The Phygital Edition Meets Great Success

Media Contact

Joe Morgan, Senior PR Manager, Bitfinex

[email protected]


Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Blockpass Provides KYC Services For Blitz Network

Blockpass Provides KYC Services For Blitz Network

Blockpass is proud to reveal another new partnership, this time with Blitz Network - a union of miners, cross border traders, and early cryptocurrency investors. As part of the financial landscape, Blitz Network...

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.