BitBay is a European cryptocurrency exchange that deals with a number of different cryptocurrencies and fiat currencies. The BitBay API is private whereas most exchanges have a public API. Users have to post a request to use the API and the link to do so is currently not operating. The API can be used by users who want to create exchange services and applications. It can also be used by traders when programming trading algorithms and bots. For users who building trading applications, they can program the applications to put in certain orders when certain parameters are met. The documentation related to the API is noted on the BitBay website. BitBay has crypto to fiat currency rates which can be useful data for users of the API.
When users create an API, they will be provided with an authentication key. Each API key has three properties. The public key recognizes the user and the key. The private key is visible only after generating the key. This is used to authenticate the user. There is also a permission property where users can set permissions for specific operations.
The API is still under development and a lot of users have raised concerns that the current API is lacking features and very limited.
- Crypto to fiat rates
- The API is private
- Features are limited
- API is still under development