As cryptocurrency and digital asset markets continue to expand and mature, there is an increasing demand for a robust infrastructure solution to connect the fragmented liquidity markets spread across different exchanges. The crypto space has seen an influx of innovative cryptocurrency tracking and management products popping up across the industry.
However, there still exists the challenge of integrating fully-featured trading capabilities into these applications. Although solutions currently exist in the market such a CCXT, these primarily exist as a software-only solution. Open source projects such as CCXT can be a great solution for developers looking to build applications for personal use, but fall short when being scaled for business and enterprise use.
When it comes to creating actual trading applications, developers are still responsible for managing the back-end infrastructure required to run their applications. Updates to code repositories require redeployment, which involves inevitable downtime. Integrating every exchange on an individual basis is impractical. Each exchange has their own quarks, unique endpoints, and arbitrary update cycles. This becomes a nightmare situation for most application developers who are already on a tight development schedule.
Shrimpy’s Universal Crypto Exchange API takes away the painstaking process of integrating with each exchange, allowing developers to focus on building out their actual trading product. By providing an underlying trading and exchange infrastructure to accelerate development within the space, Shrimpy hopes to address the commonly encountered issue of maintaining infrastructure to support each and every exchange.
Read more here: https://blog.shrimpy.io/blog/developing-crypto-trading-applications-shrimpy-api
Topic: A better alternative to CCXT (Read 135 times)
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