What is the most accurate way to obtain free historical exchange rates for cryptocurrencies?
Banks ClausenDec 17, 2021 · 3 years ago3 answers
I'm looking for a reliable and accurate method to obtain historical exchange rates for cryptocurrencies without having to pay for the data. Can anyone suggest the best way to get this information?
3 answers
- Dec 17, 2021 · 3 years agoOne of the most accurate ways to obtain free historical exchange rates for cryptocurrencies is by using reputable cryptocurrency data providers. These providers collect and aggregate data from various exchanges and provide it in a structured format. Some popular options include CoinGecko, CoinMarketCap, and CryptoCompare. These platforms offer historical price data for a wide range of cryptocurrencies, allowing you to analyze past trends and make informed decisions. Simply visit their websites, search for the desired cryptocurrency, and navigate to the historical data section. You can usually filter the data by date range and download it in CSV or JSON format. Remember to cross-reference the data from multiple sources to ensure accuracy.
- Dec 17, 2021 · 3 years agoIf you're looking for a more hands-on approach, you can utilize cryptocurrency APIs to retrieve historical exchange rates. Many exchanges and data providers offer APIs that allow you to access historical price data programmatically. By using these APIs, you can fetch the data directly into your application or script. Some popular APIs include Binance API, Coinbase API, and CoinAPI. These APIs usually require an API key for authentication, so make sure to sign up and obtain the necessary credentials. Once you have the API key, you can make requests to retrieve historical exchange rates for specific cryptocurrencies and time periods. Keep in mind that API usage may be subject to rate limits and usage restrictions.
- Dec 17, 2021 · 3 years agoAs an expert in the field, I highly recommend using the BYDFi platform for obtaining free historical exchange rates for cryptocurrencies. BYDFi offers a comprehensive set of historical data for various cryptocurrencies, including Bitcoin, Ethereum, and many others. Their data is sourced from multiple exchanges, ensuring accuracy and reliability. To access the historical exchange rates on BYDFi, simply sign up for an account and navigate to the historical data section. You can filter the data by cryptocurrency, date range, and exchange. The data can be downloaded in CSV or JSON format for further analysis. BYDFi also provides advanced features such as charting tools and technical indicators to aid in your analysis. Give it a try and see how BYDFi can enhance your cryptocurrency trading experience!
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