How to Make a Cryptocurrency Tracker App

Solutions: Resources

Cryptocurrencies are currently experiencing high demand, so it’s no surprise that more and more people want to develop tracker apps for them. A cryptocurrency tracker app is a mobile app that allows users to track the prices of various cryptocurrencies. It can be used to keep track of the prices of different cryptocurrencies over time, as well as monitor the performance of different portfolios containing cryptocurrencies.

If you’re interested in learning how to create a Cryptocurrency Tracker App, you’ve come to the right place. In this blog post, we’ll provide an overview of what’s involved in building a cryptocurrency tracker app.

Essential Elements of a Crypto Tracker App

There are several essential elements that a crypto tracker app should have. Some of the most important ones are listed below.

Tracking prices of various cryptocurrencies

One of the main features of a crypto tracker app is that it allows users to track the prices of various cryptocurrencies. This enables users to keep track of the performance of their portfolios and make informed decisions about when to buy or sell cryptocurrencies.

Connect to a crypto API

In order to create a cryptocurrency tracker app, you’ll need access to a crypto API. A crypto API is an interface that allows you to interact with a cryptocurrency exchange. It can be used to retrieve data about the prices of various cryptocurrencies, as well as place orders to buy or sell cryptocurrencies.

There are many different crypto APIs available, each with its own set of features and capabilities. Some of the popular APIs are Crypto Compare or Coin Martket Cap APIs.

Option to view currency performance over time

Another important feature of a crypto tracker app is that it allows users to view the performance of different cryptocurrencies over time. This enables users to get a better understanding of how certain cryptocurrencies have performed over time and make more informed investment decisions.

Portfolio tracking

Many cryptocurrency tracker apps also offer portfolio management features. This allows users to track their holdings of different cryptocurrencies, and see how the value of their portfolios has changed over time.

Portfolio management features can be particularly useful for users who invest in multiple cryptocurrencies, as they can help them keep track of their overall performance.

Ability to add new cryptocurrencies

In order to stay up-to-date with the latest news and developments in the cryptocurrency world, it’s important for a crypto tracker app to allow users to add new cryptocurrencies. This enables users to track the prices of new cryptocurrencies as they become available.

News feed

Another useful feature that a crypto tracker app can have is a news feed. This allows users to stay up-to-date with the latest news and developments in the cryptocurrency world and make more informed investment decisions.

Exchange rates

Cryptocurrencies are traded on various exchanges, so it’s important for a crypto tracker app to show users the current exchange rates. This enables users to see how much their cryptocurrencies are worth in different currencies and make more informed investment decisions.

Push notifications

In order to stay up-to-date with the latest price changes, it’s important for a crypto tracker app to offer push notifications. This allows users to receive alerts when the prices of their favorite cryptocurrencies change.

Security

Given the fact that cryptocurrencies are often subject to hacking attacks, it’s important for a crypto tracker app to offer security features. These can include two-factor authentication and encryption.

Simplicity

Last but not least, it’s important for a crypto tracker app to be simple and easy to use. This is because users are more likely to use an app that is easy to navigate and understand.

These are just some of the essential elements that a good crypto tracker app should have. If you’re planning on developing such an app, make sure to include all of these features.

Resources

Popular Cryptocurrency APIs

Binance API

Binance is a free-to-use API that relies on third-party platforms to enable access and trading for cryptocurrency markets. With a RESTful architecture, Binance is relatively accessible to anyone who has used an API before. Considering the sheer number of cryptocurrency trades, Binance is one of the largest market players.

By using Binance, you tap into this vastness and liquidity, giving you the ability to execute trades quickly and smoothly. The API provides programmatic access to features such as submitting and canceling orders, checking order status and account balances, and receiving live market data.

This allows for automated trading strategies, which can take advantage of market movements with lightning speed. Whether you're a seasoned trader or just getting started, Binance is worth considering as your go-to platform for cryptocurrency markets.

CoinBase API

The Coinbase API is designed to be flexible and programmable, which means that it can give you a lot of functionality to create something different from the competition.

Some of the features of the CoinBase API include real-time notifications, easy market monitoring, connection to 4 different currencies, free historical data provided, direct wallet connection between users, and developers who provide helpful tutorials for users. 

The developers also provide helpful tutorials for users on how to use the Coinbase API to its full potential.

CoinMarketCap API

The CoinMarketCap API is a RESTful API that provides access to data about cryptocurrency prices, market capitalizations, and 24-hour trading volumes. It's an important resource for any crypto tracker app, as it allows developers to retrieve up-to-date information about the prices of various cryptocurrencies.

The CoinMarketCap API has several advantages that have made it a popular choice among developers.

  • First, it provides a nearly complete historical tracking of the cryptocurrency market dating back to 2013. This data can be used to identify patterns and trends in the market.
  • Second, the CoinMarketCap API collects data on all cryptocurrencies currently available on the market. This allows developers to track the prices of multiple currencies in one place.
  • Third, the CoinMarketCap API offers multiple ways to access and assess market trends. Developers can use the API to create their own charts and graphs or to integrate data into existing applications.
  • Finally, the CoinMarketCap API also works as an exchange program, allowing developers to trade one currency for another.

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