Netagio Launches First UK-Centric Bitcoin Exchange API

Netagio, the first British bitcoin, gold and sterling exchange, has launched an API. Investors and institutions can now integrate the API into their own systems to automate trading on the Netagio exchange. Netagio constitutes the only exchange to enable trading among bitcoins, British pounds and physical gold, while also accepting deposits in euros and U.S. dollars.The API will enhance market connectivity, enabling brokers and dealers to trade 24/7.


"Since launching the exchange in July this year, we have had active discussions with many institutional and professional investors," Netagio CEO Simon Hamblin said in a press release. "In this world of highly automated trading and in line with trends across other electronically tradable asset classes, it became immediately clear that by offering ease of Integration via an API, this group of investors would be able to create their own trading strategies and benefit from fully programmable automated access to the Netagio exchange, using standards they recognize and that are compatible with their Front-end systems."

The potential for automated trading in the bitcoin space becomes more and more evident as the market for bitcoin expands. As with any currency trading, timing can have a significant impact as fluctuations can occur suddenly, often and dramatically. Netagio's API strategy is one that forex and other currency trading exchanges have deployed for quite some time. Without automated capabilities, the bitcoin trading market would continue to lag behind other platforms. 

The RESTful Netagio API enables investors to trade bitcoins for British pounds or gold, view open orders, cancel orders, and view Netagio's order book on a continuous and fully automated basis. The API facilitates real-time depth of book price quotations and market data, automated trade executions, and order and trade confirmations. To learn more about the API, visit the GitHub site.

Bitcoin and cryptocurrency exchanges continue to pop up. Netagio offers its own unique value in the marketplace with its British currency specificity. As the world continues to await bitcoin regulation, control and viability, Netagio is building a niche that could prove vitally important come future decisions and actions from governments and businesses around the world.  

Be sure to read the next Bitcoin article: Ziftr Provides Cryptocurrency API Implementation Advice