Spanish Exchange Bit2Me Launches API for Crypto-keen Banks
The Spanish crypto exchange player Bit2Me says that it has launched an API for banks and companies looking to get into the crypto space . An API is an Application Programming Interface, in essence, a software-based intermediary platform that lets two applications communicate with one other. For instance, a crypto exchange’s API could allow the trading platform’s app to “talk” to a banking app – or vice versa. In a press release shared by Bit2Me on Twitter, the exchange explained that the API would effectively allow banks “to offer the purchase and sale of [cryptoassets] to clients without the need to create an exchange&rdquo ; of their own. Bit2Me Pro trading data. (Source: CoinMarketCap) The service, the company said, has been “specially designed for regulated entities” – and traditional banks in particular. But the firm added that its new service “can also be used by other businesses,” including re...