CryptoCompare releases its real-time order book feed

CryptoCompare has launched its order book feed for over three thousand crypto pairs. The service is said to be  designed for professional and enterprise clients. It  will allow traders and investors to create “predictive analytics” in order to monitor exchange trading in real-time and look for changes across the marketplace.  

Charles Hayter, co-founder and CEO of CryptoCompare commented:  

“We are excited to launch our real-time order book product. There is a genuine need for high quality market data and we believe our new product will enable digital asset trading firms and funds to gain a competitive edge by providing them with a bedrock upon which to build trading signals.”

“We look forward to continuing to bring about increased transparency and efficiency in the cryptocurrency marketplace.”

Along with like likes of Skew crypto analytics companies have grown and started to catch up with traditional financial tools used by institutional traders. It’s not clear how much they are charging for the service but it comes in the form of an API. The data comes from multiple exchanges which is great as it will not be biased to the biggest exchanges. You can find more information on the product here.