Binance Raw trading data

[glaz330]

Hello there,

I cloned this issue from Bitcoin Forum > Economy > Trading Discussion as suggested by dothebeats

I am trying to understand who is going to pay 1500+ $ for raw Binance historic data... https://coinograph.io/binance-historical-data/ | https://www.kaiko.com/pages/kaiko-pricing

I am trying to develop such a service but with a fee of 100~200 $.

What do you think?

Will anyone here, be interested in such service?

What price do you think is fair?

Thanks a lot.
G

[saerlingen]

There are many such services out there, so evidently, there is a market for it.

I do very much doubt that you will be able to compete with such services. Many of them are offering great uptime and often unrestricted access to API endpoints that are normally restricted. Some even offer customized queries.

If you can offer all this for 100 $ instead of 1000 $ then surely you will see sales quickly.

Since many of these competitors are catering to the more professional/institutional needs, you might have success pushing a less extensive, but similar product to hobby traders. Keep in mind that your customers will almost certainly know how to work with an API so simply re-selling binance API endpoint data is not gonna get you anywhere.

[glaz330]

There are many such services out there, so evidently, there is a market for it.

I do very much doubt that you will be able to compete with such services. Many of them are offering great uptime and often unrestricted access to API endpoints that are normally restricted. Some even offer customized queries.

If you can offer all this for 100 $ instead of 1000 $ then surely you will see sales quickly.

Since many of these competitors are catering to the more professional/institutional needs, you might have success pushing a less extensive, but similar product to hobby traders. Keep in mind that your customers will almost certainly know how to work with an API so simply re-selling binance API endpoint data is not gonna get you anywhere.

I am not thinking to provide an API, just a form of database for local query.

[saerlingen]

I am not thinking to provide an API, just a form of database for local query.

I don't understand what it is you wanna charge 100 $ for, and what you mean by local query?

Did you imagine a website that allows users to download .csv file of trading data for Binance where you charge 100 usd for access?

How are you gonna get this data yourself in the first place?

What makes your product different from just using Binances official API ?

[glaz330]

I am not thinking to provide an API, just a form of database for local query.

I don't understand what it is you wanna charge 100 $ for, and what you mean by local query?

Did you imagine a website that allows users to download .csv file of trading data for Binance where you charge 100 usd for access?

How are you gonna get this data yourself in the first place?

What makes your product different from just using Binances official API ?

Please read the whole discussion in the original post....ty

https://bitcointalk.org/index.php?topic=5124806.20

[saerlingen]

I am still confused after glancing through that thread.

You say that you do not want to offer an API but I don't see how else you want your customers to receive the data they pay you for?

You want to collect Binance trade ticks for all pairs, and make it available to your customers... But how??? Lets assume you have your project up and running as you imagine it, and i pay you 200 $ for your product. What do I receive, if not an API key to pull the data from your service?

As I and others have mentioned, this data is available from Binances API directly (probably where you get it) and although it's not giving us access to FULL trade history, in many cases, it gives enough data.

If someone said they needed a Python script that could periodically fetch latest trades on Binance in whatever pairs and save the data in a DB, i'd probably do this task for 10-30$ since it's probably less than 100 lines of Python.