CryptoCompare is a comprehensive platform that provides real-time, high-quality, and reliable market and pricing data for the cryptocurrency market, bridging the gap between crypto-asset markets and traditional financial markets.
What CryptoCompare Does
Founded in 2014, CryptoCompare aggregates and analyzes tick data from over 150 globally recognized cryptocurrency exchanges to offer a holistic overview of the market. This data is integrated into various datasets to create definitive cryptocurrency prices, trade data, order book data, historical data, social data, and blockchain data. This approach ensures that users have access to accurate and reliable information to make informed investment decisions.
Key Features and Functionality
Real-Time and Historical Data
CryptoCompare provides real-time market and pricing data for over 5,700 coins and 260,000 currency pairs. Users can access daily, hourly, and minute historical data, as well as daily average prices based on hourly volume-weighted average prices (VWAP) and total daily and hourly exchange volume.
API and WebSocket Solutions
The platform offers robust API and WebSocket solutions that support up to 40,000 calls per second and 800 trades per second, making it suitable for both retail and institutional investors. These solutions provide institutional-grade crypto data through customizable endpoints and subscription plans.
Custom Bespoke Solutions
CryptoCompare offers bespoke, tailor-made implementations, including enterprise data access packages and digital asset indices catered to the unique needs of organizations. This includes customized integration solutions to integrate CryptoCompare’s data feed into existing systems.
Market Indices and Benchmarks
The platform features a suite of cryptocurrency indices, including the CryptoCompare Aggregate Index (CCCAGG), which calculates the market price of cryptocurrency pairs traded across exchanges using a 24-hour volume-weighted average. Other indices include partnerships with MV Index Solutions (MVIS) such as the Amun Crypto Basket (HODL5) and the MVIS Bitcoin OTC Spot (MVBTCO).
Exchange Benchmark and Reviews
CryptoCompare evaluates the consistency and quality of cryptocurrency exchange data through its Monthly Exchange Review. This process assesses exchanges based on spot 24-hour volume and pricing data, ensuring the most representative and reliable market data is used in pricing calculations.
Mobile Apps and Portfolio Management
Users can access live crypto prices, manage multiple portfolios, view detailed information about each coin, and apply technical analysis through CryptoCompare’s mobile apps available for iOS and Android. The platform also offers portfolio tracking, price alerts, and custom watchlists.
News and Social Media Integration
CryptoCompare integrates news feeds and articles from major crypto news providers, allowing users to filter through news categories. Additionally, it provides insights into social media trends and market sentiment.
Advanced Analytics and Tools
The platform is equipped with various analytical tools, including technical indicators, fundamental analysis, volume analysis, heatmaps, performance metrics, correlation analysis, and risk metrics. These tools help users in making informed investment decisions.
Customer Support and Pricing
CryptoCompare offers different subscription plans, including free options for personal and non-commercial users, and paid plans ranging from $80 to $200 per month for commercial users. Customized enterprise pricing is also available. Customer support includes phone support among other channels.
In summary, CryptoCompare is a powerful tool for anyone involved in the cryptocurrency market, providing comprehensive, reliable, and granular data to support investment decisions and market analysis.
