Kraken has announced the release of a new websockets public API, providing faster access to market data on the company’s cryptocurrency exchange. The new API is still under wraps, with the company expecting to release globally by the end of January, while noting that the release could be delayed.
Kraken had this to say about the value of websockets to their customers:
The main advantage is that market data will quickly stream to clients with no polling required. Clients simply use the API to establish a durable, low latency connection with Kraken’s servers, then the servers will push the market data incrementally to clients as soon as an update is available.
The company is providing a sandbox environment for anyone looking to experiment with the new API. The current release schedule is done by timezone and begins in UTC on Wednesday January 30, at 5 PM.