API

What is API? 

An Application Programming Interface (API) is a set of protocols and tools that allow different software applications to communicate with each other. In cryptocurrency, APIs enable developers to integrate functionalities from exchanges or blockchain networks into their applications, allowing for automated trading, data retrieval, and other operations.

Understanding how APIs work can empower users to leverage various tools and services in the crypto space. Familiarity with APIs can also help users automate their trading strategies or create custom applications that enhance their trading experience.

How to use the term?

You might say: "The exchange provides a robust API that allows developers to build custom trading bots."

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