Abstract

Bitcoin has become a commodity traded by millions of traders from all over the world. This is one of the causes of fluctuating price movements. From the data we got on coinmarketcap, Bitcoin is traded on various cryptocurrency trading exchanges. And at every exchange that has a reputation, of course, has an API service to access historical data about the price movements of all the crypto commodities they have traded from the start. By using the PHP programming language and implementation of the CURL function for JSON readings, we can pull Bitcoin movement data in real time. In this paper, Bitcoin is specifically observed because it is the forerunner and the main cryptocurrency commodity traded and is a determinant of Alternative coin price movements in general. In this paper Bitcoin price monitoring is carried out at 30 reputable exchange places through API access provided by each exchange place. Furthermore, conclusions are drawn about the various variants of how to access the API from the 30 bitcoin exchange places. The program code that is displayed directly in this paper can then be used as an initial reference if you want to develop a Cryptocurrency price movement monitoring application for Bitcoin. At the end of the paper, an example of the application of Bitcoin price monitoring will be presented using a web-based application containing charts and supporting indicators as well as a telegram bot to display price depth charts.

Details

Title
Use of the Web API as a basis for obtaining the latest data on bitcoin prices at 30 exchange places
Author
Parlika, Rizky 1 ; Arista Pratama 2 

 Informatics Engineering Study Program, Faculty of Computer Science National Development University “Veteran” East Java 
 Information Systems Study Program, Faculty of Computer Science Raya Rungkut Madya Road Gunung Anyar Surabaya 
Publication year
2021
Publication date
May 2021
Publisher
IOP Publishing
ISSN
17578981
e-ISSN
1757899X
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2535634088
Copyright
© 2021. This work is published under http://creativecommons.org/licenses/by/3.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.