Quick Facts
- API Keys and Credentials: Gemini requires API keys and credentials for authentication. Both read and write API keys are required for the Active Trader API.
- API Endpoints: The Active Trader API provides a range of endpoints for placing orders, retrieving account information, and more. API endpoints include
/v1/orders,/v1/accounts, and/v1/positions. - API Request Parameters: API requests typically include parameters such as
symbol,side, andquantity, depending on the endpoint being used. - Error Handling: The Active Trader API returns error codes and messages to help with debugging. Error codes are prefixed with “E-” and messages provide further context.
- Market Data Streams: The Active Trader API provides market data streams for cryptocurrency and fiat currency pairs. Data streams include
trades,order_book, andticker. - Order Types: The Active Trader API supports various order types, including market orders, limit orders, and stop-loss orders.
- WebSocket API: The Active Trader API provides a WebSocket API for real-time market data updates and order events. WebSocket connections can be established using
wss://api.gemini.com/v1. - Data Caching: Gemini strongly recommends caching API response data to reduce the number of requests made to the API. This can improve performance and reduce latency.
- Rate Limiting: The Active Trader API implements rate limiting to prevent abuse. API requests are rate-limited to prevent excessive usage and minimize the risk of service disruptions.
- Documentation and Support: Gemini provides detailed documentation and 24/7 support for the Active Trader API. The API documentation includes guides, API reference, and code examples.
Gemini Active Trader API Implementation Guide
As a trader, you’re likely no stranger to the world of cryptocurrency exchanges and the importance of having a reliable and efficient trading platform. One such platform is Gemini, a well-established exchange that offers a robust API for active traders. In this article, we’ll delve into the Gemini Active Trader API implementation guide, providing you with a comprehensive overview of how to get started and make the most of this powerful tool.
Introduction to Gemini Active Trader API
The Gemini Active Trader API is designed for high-frequency traders who require direct access to the exchange’s order book and trade execution capabilities. With this API, you can create custom trading applications, automate your trading strategies, and tap into the vast liquidity of the Gemini exchange. To get started, you’ll need to create a Gemini account and generate an API key.
Key Features of Gemini Active Trader API
The Gemini Active Trader API offers several key features that make it an attractive choice for active traders:
- Low-latency trading: Execute trades in real-time with minimal delay
- Direct market access: Access the Gemini order book directly for maximum flexibility
- Multiple order types: Support for various order types, including market, limit, and stop-limit orders
Implementing Gemini Active Trader API
To implement the Gemini Active Trader API, you’ll need to follow these general steps:
- Create a Gemini account: Sign up for a Gemini account and verify your identity
- Generate an API key: Create an API key and secret to authenticate your API requests
- Choose a programming language: Select a programming language to use for your API implementation (e.g., Python, Java, C++)
API Endpoints and Parameters
The Gemini Active Trader API provides several endpoints for accessing various exchange functions:
| Endpoint | Description | Parameters |
|---|---|---|
| /v1/pubticker/${symbol} | Retrieves the current ticker for a given symbol | symbol (e.g., btcusd) |
| /v1/order/new | Creates a new order | symbol, amount, price, side |
| /v1/order/status | Retrieves the status of an existing order | order_id |
Authentication and Authorization
To ensure secure access to the Gemini Active Trader API, you’ll need to authenticate and authorize your API requests:
- API key and secret: Use your API key and secret to sign your API requests
- Nonce: Include a unique nonce value with each API request to prevent replay attacks
- Signature: Generate a digital signature for each API request using your API secret
Best Practices for API Security
When implementing the Gemini Active Trader API, keep the following best practices in mind:
- Use secure protocols: Use HTTPS (TLS) to encrypt your API requests
- Keep your API key and secret secure: Store your API key and secret securely and never share them with anyone
- Monitor your API usage: Regularly monitor your API usage to detect any suspicious activity
Example Use Cases
To illustrate the power and flexibility of the Gemini Active Trader API, consider the following example use cases:
- Automated trading bot: Create a trading bot that uses the API to execute trades based on technical analysis or other market signals
- Custom trading dashboard: Build a custom trading dashboard that uses the API to display real-time market data and trade execution capabilities
- Risk management tool: Develop a risk management tool that uses the API to monitor and adjust your trading positions in real-time
Frequently Asked Questions
General Questions
Q: What is the Gemini Active Trader API?
A: The Gemini Active Trader API is an API that provides real-time market data for cryptocurrency and altcoin trading platforms.
Q: What is Active Trader programming language?
A: The Gemini Active Trader API is implemented in the Active Trader programming language.
Credentials and Authentication
Q: Is an API key required for accessing the Gemini Active Trader API?
A: Yes, an API key is required for accessing the Gemini Active Trader API.
Q: Is a wallet required to use the Gemini Active Trader API?
A: No, no wallet is required to use the Gemini Active Trader API, however you will need the Active Trader API Key to log in and use API.
REST API Call Structure
Q: Can I POST data to the Gemini Active Trader API using HTTP request body and Content-Type?
A: Yes, you can use HTTP requests to data with your API key
Q: Can I use JSON or XML for data structures during request to Gemini Active Trader API?
A: Not sufficient, data should be in JSON format only
Example API Call
/* Example using Active Trader API using HTTP request body and Content-Type */
{ "transactionHash": "1GpJc2V9LaD3eXZ8V4JF2V4T4f1c","timestamp": "2022-01-01", "price":10"}
Example API Call (Authorization and Authentication)
// Use the API with your key and token
const clientId = '5aBjAzdXSc4g2nXJtFk6f';
const apiKeyId = 'api_key_here';
const token = 'api_token_here';
const url = `https://active-trader.gemini.com/v1/positions/";
const options = {
headers: {
'x-api-key': apiKeyId,
'X-Rate-of-Change': 0,
'Authorization': `Bearer ${token}`,
'Content-Type': 'application/json'
}
}
var data = {
'transactionHash': '1GpJc2V9LaD3eXZ8V4JF2V4T4f1c',
'timestamp': '2022-01-01',
'price':10
}
fetch(url, options)
.then((res) => res.json())
.then((data) => console.log(data, 'Success'))
.catch((err) => console.error(data, 'Error'));
