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Fintech API Ratings, Nov 24-30: Cryptocurrency Exchange

Dec 4, 20203 min read
PC

Written by

Paul Cray

Co-Founder

Paul co-founded APIContext (formerly APImetrics), building the synthetic monitoring and conformance testing platform from its earliest days.

Something of interest

There is a lot of variation in performance in the Cryptocurrency Exchange categories. Seven of the 17 APIs manage CASC scores of over 9.00, which is very good and 14 are in the Green Zone, indicating fully performant Fintech APIs, but we do have a couple of Fintech APIs in the Amber Zone and Coinlore languishing in the Red Zone this week with a CASC score of 45.83, a stark contrast with Gemini on 9.44. Fintech API Ratings Cryptocurrency Exchange1 It is interesting to look at the Process Time for the two contrasting Fintech APIs. Gemini is blistering fast in North America and nowhere as bad as Coinlore is everywhere except Europe. Fintech API Ratings Cryptocurrency Exchange2 Coinlore does fine in Europe, especially for IBM, where it almost manages to match Gemini. But this is why you need to be actively monitoring your APIs. If you just looked at Europe, you might think that Coinlore isn’t doing that much worse than Gemini. Fintech API Ratings Cryptocurrency Exchange3 But it’s when you put it in the larger context of performance across the other five regions that you see Coinlore’s true quality. Gemini’s slowest process time is 288 ms in Google South Asia. But outside Europe, Coinlore’s fastest is 403 ms from Azure North America. Don’t be kidded by just looking at your API performance from where it is best. Cryptocurrencies are a global business and you will have customers all over the world. And cryptocurrencies are an area where every millisecond matters. So make sure you know how you are really doing - and how you actually compare to your competitors – by monitoring your APIs and those of your rivals.

Fintech API Ratings: Overall Performance

Week Ending 30 November 2020

Category

Organization

CASC score

Cryptocurrency Exchanges

OKEx

9.47

Fintech

Stripe

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