Gemini, a New York-based bitcoin and ether exchange, has announced that its users will now be able to connect to its trading system through three different protocols, namely REST API, WebSockets API, and FIX.
“The REST and WebSockets APIs are available over the public Internet whereas FIX connections require a cross-connect in our data center”, Gemini said.
The platform’s public market data API, which includes trades and order book information, has been available over both REST and WebSocket APIs. In addition, users can also access their private order status information over WebSockets.
“This should prove to be much more efficient than the REST protocol for all of our automated traders, since order status updates and other events are pushed to you rather than requiring you to continually poll for updates”.
The exchange said that while this idea had been in development queue for some time, the feedback from the WhaleClub bitcoin trading community made it understand the importance of this feature for the customers.
The announcement follows Gemini’s exchange to Japan, South Korea, Hong Kong and Singapore. Also, it recently unveiled its newest offering —Segregated Accounts under the oversight of the New York State Department of Financial Services (NYSDFS).
