Bitcoin Forum

Economy => Trading Discussion => Topic started by: cryptrad3 on May 14, 2021, 03:24:06 PM



Title: Connecting to multiple exchanges at once?
Post by: cryptrad3 on May 14, 2021, 03:24:06 PM
Hi, can someone recommend any solutions for hooking up to multiple crypto exchanges through a single account?  I'm trying to centralize my API order routing process and get the best pricing across exchanges.  Co-location would be excellent too.  Thanks


Title: Re: Connecting to multiple exchanges at once?
Post by: mk4 on May 14, 2021, 04:31:00 PM
I have seen TabTrader[1] being recommended quite a lot on multiple communities. I haven't really used it though so do your due diligence.


[1] https://tab-trader.com/


Title: Re: Connecting to multiple exchanges at once?
Post by: OmegaStarScream on May 14, 2021, 04:31:48 PM
Assuming that I got your question right.. Coinigy should be what you're looking for. You can connect as many accounts as you want from over 45 exchanges, but it comes with a price (free trial available): https://www.coinigy.com/pricing/


Title: Re: Connecting to multiple exchanges at once?
Post by: OmegaStarScream on May 14, 2021, 05:06:39 PM
Coinigy may solve the problem but normally centralized exchanges have more or less similar prices and we wont find any significant difference. There may be difference in prices only at the decentralized exchanges and i think Coinigy does not support them.

Yes, they've got a couple of them but they're only supported for charting, not trading. Here's a list of supported exchanges: https://www.coinigy.com/bitcoin-exchanges/


Title: Re: Connecting to multiple exchanges at once?
Post by: CryptoDadNYC on May 14, 2021, 10:21:47 PM
There are a number of choices, depending on what you're trying to accomplish.

Two that come to mind are CoinAPI and Apifiny Connect.
  • CoinAPI is a pure connection solution
  • Apifiny Connect seems to have what you may be looking for. I'm trading on 5 out of something like 20 exchanges. They all have colocation which they gave me for free, but I'm not sure if that was a special offer. We're using the FIX API. I'd check them both out, depending on what you need. My fees are lower with them than on the exchanges, too.
From your post, it seems that you want one account. I really have only one account. And had only one onboarding.

You really have to check out the sites and read carefully to understand what they're offering and what you'll still need to source on your own.


Title: Re: Connecting to multiple exchanges at once?
Post by: JooBra on May 15, 2021, 09:53:57 AM
You can see there are some options but I dunno is it worth it. Maybe you can find the price better somewhere but will it be worth will all of extra fees. You need to take also that in considiration.


Title: Re: Connecting to multiple exchanges at once?
Post by: jostorres on May 15, 2021, 04:21:03 PM
Assuming that I got your question right.. Coinigy should be what you're looking for. You can connect as many accounts as you want from over 45 exchanges, but it comes with a price (free trial available): https://www.coinigy.com/pricing/
Wow, I am not sure whether OP would benefit from this but I wasn't aware there existed such services in the market. Thanks a lot, I will be trying it soon enough because although there is low variance in the market (I mean most coins have the same prices on all exchanges) but I have seen it when a new coin gets listed and would be useful.

Here's a list of supported exchanges: https://www.coinigy.com/bitcoin-exchanges/
That's more the exchanges I use so would work for me. Thank you very much once again for the links. Would have been better if trading was also possible within it, but even knowing the price from various exchanges is great, just have to buy/sell manually.


Title: Re: Connecting to multiple exchanges at once?
Post by: cryptrad3 on May 15, 2021, 05:35:46 PM
Thanks all! Really useful info. Will be trying out Apifiny as it's free to use, offers colocation, and trading fees look to be ~20% lower than on exchanges.


Title: Re: Connecting to multiple exchanges at once?
Post by: OmegaStarScream on May 16, 2021, 08:39:29 AM
Thanks all! Really useful info. Will be trying out Apifiny as it's free to use, offers colocation, and trading fees look to be ~20% lower than on exchanges.

I don't remember seeing this platform before but assuming it's legit, you should probably check the "how it works" page because that number you're referring to is not guaranteed to have: https://www.apifiny.com/fees/



Title: Re: Connecting to multiple exchanges at once?
Post by: buwaytress on May 16, 2021, 01:32:28 PM
I'm guessing you're looking at centralised exchanges only, but if you *are* also trying to connect to multiple DEXs (more like AMMs rather than order book type DEXs though as they're the rage these days), I've noticed they're calling these platforms "aggregators" now. They're mainly all ETH and other smart contract platforms but I'm reading a lot now about Bitcoin bridging aggregators -- never actually tried them though, might give it a whirl if I were a trader.


Title: Re: Connecting to multiple exchanges at once?
Post by: GreatArkansas on May 16, 2021, 01:53:17 PM
There are a number of choices, depending on what you're trying to accomplish.

Two that come to mind are CoinAPI and Apifiny Connect.
  • CoinAPI is a pure connection solution
  • Apifiny Connect seems to have what you may be looking for. I'm trading on 5 out of something like 20 exchanges. They all have colocation which they gave me for free, but I'm not sure if that was a special offer. We're using the FIX API. I'd check them both out, depending on what you need. My fees are lower with them than on the exchanges, too.
(......)
Alternative for these platforms is Shrimpy - "The Social Trading Platform for Cryptocurrency. Simplify the way you manage your portfolio by automating your trading strategy" - https://www.shrimpy.io/.

I checked their demo page and it quite a good, very nice UI. And if you are a developer, or have some knowledge on API, they have Developer's API can be found here: https://developers.shrimpy.io/

They have this demo page, you can check it here: https://www.shrimpy.io/demo
https://i.imgur.com/xx1WzIL.png

And I saw they already have a lot of supported exchanges, most of them are popular crypto exchanges with huge trading volumes.
https://i.imgur.com/9G7zWyl.png



Title: Re: Connecting to multiple exchanges at once?
Post by: Mpamaegbu on May 16, 2021, 03:46:38 PM
I have seen TabTrader[1] being recommended quite a lot on multiple communities. I haven't really used it though so do your due diligence.


[1] https://tab-trader.com/
Yes, I can attestate to the Tabtrader being a great app to link a trader directly to most exchanges for trpading activities. I have used it in the recent past, connecting my account on Binance to it until when Binance decided to change its API configuration. I opted out because I was overtly careful not to leave any loose ends that might make my account vulnerable to attacks. That was my fear but I think I was simply being paranoia. So, OP should go ahead with it.