Algo Trading Launches API for Algo Trading

Algo TradingThe leading provider of cryptocurrency products has launched a trading API for cryptocurrency traders to access the deep liquidity and fastest matching engine in crypto on the Exchange using automated trading algorithms.
The firm’s API redefines speed, reliability, and liquidity as traders can receive real-time market data and execute orders instantly, to help them capture an edge using programmatic algo trading strategies. This comes as the latest addition to the suite of APIs the company has engineered for developers, including the first Bitcoin API. After a successful beta program, the API facilitated tens of millions of orders since November 2019.
Xen Baynham-Herd, Executive Vice President of Product at, commented: “Programmable trading using high-quality APIs is vital to the continued growth of efficient and liquid cryptocurrency markets. With the API and power of the Exchange, sophisticated traders will have the institutional-grade trading tools they need to maximize performance and never miss a trading opportunity.”
In just the last two months, the Exchange has launched support for GBP through the UK’s Faster Payments System, listed popular crypto project Algorand, and exclusively released the gold-backed token DGLD, increasing its asset offering to 34 live trading pairs. Its user base and trading volumes have grown, while consistently releasing new features and assets.’s cryptocurrency exchange supports deposits and withdrawals in Pounds, US Dollars, and Euros, and is available in 190 countries. In November, the firm announced its lending desk from Blockchain Markets. The soft launch in August has quickly grown to become one of the top five lenders in crypto with a total amount of $1.6B in cryptocurrencies lent, traded, or borrowed by its institutional clients.
The firm found that institutional investors still have concerns about the availability of reliable counterparties who can lend at large scale across any of the top 20 cryptocurrencies, USDt, and USD. The lending desk aims to address those concerns and offer the market a reliable service.