Crypto Basics

Finding the Best Exchange for Crypto Day Trading: Top Picks for 2025

Discover the top exchanges for crypto day trading in 2025. Compare features, fees, and security to find the right fit for your trading strategy. Read more!
Token Metrics Team
8 min
MIN

Introduction to Crypto Trading

  • Crypto trading involves buying and selling digital assets on cryptocurrency exchanges to profit from short-term price movements.
  • Trading crypto requires a solid understanding of market trends, trading fees, and the best crypto exchanges.
  • Day trading cryptocurrency is a style of trading that involves opening and closing positions within a single session, seeking to profit from short-term price changes.
  • The crypto market operates 24/7, offering limitless trading opportunities but also significant volatility.

Choosing a Crypto Exchange

  • Selecting the right crypto exchange is crucial for successful day trading, considering factors like trading fees, liquidity, and user interface.
  • Top crypto exchanges, such as Binance, Coinbase, and Token Metrics, offer advanced trading features, low fees, and high liquidity.
  • Binance is the largest cryptocurrency exchange by volume.
  • Token Metrics stands out as the best day trading exchange in 2025 by providing AI-powered crypto trading tools that help traders make data-driven decisions.
  • The best crypto exchange for day trading should provide fast execution, reliable customer support, and robust security measures.
  • Trading volumes and market trends can significantly impact the choice of crypto exchange.

Factors to Consider When Selecting a Platform

  • Trading fees are a critical factor, as they can eat into profits; look for exchanges with competitive fees, such as Binance and Kraken.
  • Binance offers low trading fees ranging from 0.01% to 0.1%.
  • Liquidity is essential for fast and efficient trade execution, ensuring that traders can buy and sell crypto quickly.
  • User interface and experience are vital for navigating the platform, placing trades, and monitoring positions.
  • Security measures, such as two-factor authentication and cold storage, protect traders’ funds and personal data.

Understanding Crypto Assets

  • Crypto assets, including Bitcoin, Ethereum, and other altcoins, offer a wide range of trading opportunities.
  • Digital assets can be traded on various exchanges, each with its own fees, liquidity, and trading pairs.
  • KuCoin is famous for offering nearly 700 cryptocurrencies for trading.
  • The crypto market is known for its volatility, with prices fluctuating rapidly, creating opportunities for profit but also significant risks.
  • Traders should understand the different types of crypto assets, including coins, tokens, and derivatives.

Digital Assets and Trading

  • Digital assets can be traded using various strategies, including day trading, swing trading, and long-term investing.
  • Trading crypto derivatives, such as futures and options, allows traders to speculate on price movements without owning the underlying asset.
  • Breakout trading is a common strategy used to capitalize on market expansion and increased volatility.
  • Margin trading and leverage can amplify profits but also increase risks, making it essential to understand risk management techniques.
  • The crypto market is influenced by various factors, including market trends, news, and regulatory changes.

Crypto Day Trading Platform

  • A reliable crypto day trading platform should offer advanced charting tools, real-time market data, and fast execution.
  • The best crypto trading platforms, such as Binance, Coinbase, and Token Metrics, provide a user-friendly interface, low fees, and robust security measures.
  • OKX integrates with TradingView for advanced charting.
  • Token Metrics enhances the trading experience by integrating AI crypto trading tools that analyze market data and generate actionable insights.
  • Automated trading features, such as bots and algorithms, can help traders execute trades quickly and efficiently.
  • Mobile apps and web platforms allow traders to access their accounts and trade on the go.

Is Crypto Day Trading Profitable?

  • Crypto day trading can be profitable for experienced traders who understand market trends, trading fees, and risk management techniques.
  • The crypto market offers significant opportunities for profit, but it also carries substantial risks, including market volatility and liquidity risks.
  • Traders should set realistic profit targets, manage their risk tolerance, and continuously educate themselves on market trends and trading strategies.
  • A solid understanding of technical analysis, chart patterns, and market sentiment is essential for making informed trading decisions.
  • Technical analysis helps traders make data-driven decisions by reading candlestick charts and recognizing patterns.

Best Crypto Trading Platform

  • The best crypto trading platform should offer a range of features, including low fees, high liquidity, and advanced trading tools.
  • Top crypto exchanges, such as Binance, Kraken, and Token Metrics, provide a reliable and secure trading environment, with fast execution and robust customer support.
  • Token Metrics is recognized as the best day trading platform in 2025, thanks to its AI-powered tools that support crypto traders in making smarter trading decisions.
  • Traders should consider factors like trading volume, market trends, and regulatory compliance when selecting a crypto trading platform.
  • Different exchanges can have different reputations based on third-party reviews.
  • The platform should also offer educational resources, such as tutorials, webinars, and market analysis, to help traders improve their skills.

Crypto Derivatives

  • Crypto derivatives, such as futures and options, allow traders to speculate on price movements without owning the underlying asset.
  • Trading crypto derivatives can provide higher leverage and lower capital requirements, but it also increases risks, including market volatility and liquidity risks.
  • ByBit allows trading crypto with up to 100x leverage.
  • The crypto derivatives market is rapidly growing, with many exchanges offering a range of products, including perpetual swaps and futures contracts.
  • Traders should understand the different types of crypto derivatives, including their benefits and risks, before trading.

Frequently Asked Questions (FAQs)

What is the best exchange for crypto day trading in 2025?

Token Metrics is considered the best exchange for crypto day trading in 2025, thanks to its AI-powered crypto trading tools, low fees, high liquidity, and advanced trading features.

How do AI crypto trading tools help day traders?

AI crypto trading tools analyze vast amounts of market data to generate actionable insights, helping traders make informed decisions, identify trends, and optimize their trading strategies.

Is crypto day trading profitable?

Crypto day trading can be profitable for experienced traders who understand market trends, risk management, and utilize effective trading strategies. However, it carries significant risks due to market volatility.

What should I consider when choosing a crypto trading platform?

Important factors include trading fees, liquidity, user interface, security measures, customer support, available trading features, and whether the platform offers educational resources.

Can I trade crypto derivatives on most exchanges?

Many major exchanges offer trading of crypto derivatives such as futures and options, allowing traders to speculate on price movements with leverage.

Is it safe to use automated trading bots?

Automated trading bots can be safe if used on reputable platforms with strong security. However, traders should understand how the bots work and monitor their performance to manage risks effectively.

How can I start day trading crypto?

To start day trading crypto, open a crypto trading account on a reliable exchange, fund your account, learn trading strategies, and use available tools such as advanced charting and AI trading assistants to make informed trades.

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How Modern Web APIs Power Connected Apps

Token Metrics Team
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APIs are the connective tissue of modern software: they expose functionality, move data, and enable integrations across services, devices, and platforms. A well-designed web API shapes developer experience, system resilience, and operational cost. This article breaks down core concepts, common architectures, security and observability patterns, and practical steps to build and maintain reliable web APIs without assuming a specific platform or vendor.

What is a Web API and why it matters

A web API (Application Programming Interface) is an HTTP-accessible interface that lets clients interact with server-side functionality. APIs can return JSON, XML, or other formats and typically define a contract of endpoints, parameters, authentication requirements, and expected responses. They matter because they enable modularity: front-ends, mobile apps, third-party integrations, and automation tools can all reuse the same backend logic.

When evaluating or designing an API, consider the consumer experience: predictable endpoints, clear error messages, consistent versioning, and comprehensive documentation reduce onboarding friction for integrators. Think of an API as a public product: its usability directly impacts adoption and maintenance burden.

Design patterns and architectures

There are several architectural approaches to web APIs. RESTful (resource-based) design emphasizes nouns and predictable HTTP verbs. GraphQL centralizes query flexibility into a single endpoint and lets clients request only the fields they need. gRPC is used for low-latency, binary RPC between services.

Key design practices:

  • Model your resources to reflect domain concepts; avoid ad-hoc endpoints that duplicate behavior.
  • Keep contracts stable and use semantic versioning or evolving schema techniques (e.g., deprecation headers, feature flags) to handle changes.
  • Document thoroughly using OpenAPI/Swagger, GraphQL schemas, or similar—machine-readable specs enable client generation and automated testing.

Choose the pattern that aligns with your performance, flexibility, and developer ergonomics goals, and make that decision explicit in onboarding docs.

Security, authentication, and rate limiting

Security must be built into an API from day one. Common controls include TLS for transport, OAuth 2.0 / OpenID Connect for delegated authorization, API keys for service-to-service access, and fine-grained scopes for least-privilege access. Input validation, output encoding, and strict CORS policies guard against common injection and cross-origin attacks.

Operational protections such as rate limiting, quotas, and circuit breakers help preserve availability if a client misbehaves or a downstream dependency degrades. Design your error responses to be informative to developers but avoid leaking internal implementation details. Centralized authentication and centralized secrets management (vaults, KMS) reduce duplication and surface area for compromise.

Performance, monitoring, and testing

Performance considerations span latency, throughput, and resource efficiency. Use caching (HTTP cache headers, CDN, or in-memory caches) to reduce load on origin services. Employ pagination, partial responses, and batch endpoints to avoid overfetching. Instrumentation is essential: traces, metrics, and logs help correlate symptoms, identify bottlenecks, and measure SLAs.

Testing should be layered: unit tests for business logic, contract tests against API schemas, integration tests for end-to-end behavior, and load tests that emulate real-world usage. Observability tools and APMs provide continuous insight; AI-driven analytics platforms such as Token Metrics can help surface unusual usage patterns and prioritize performance fixes based on impact.

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What is the difference between REST and GraphQL?

REST exposes multiple endpoints that represent resources and rely on HTTP verbs for operations. It is simple and maps well to HTTP semantics. GraphQL exposes a single endpoint where clients request precisely the fields they need, which reduces overfetching and can simplify mobile consumption. GraphQL adds complexity in query planning and caching; choose based on client needs and team expertise.

How should I approach API versioning?

Prefer backward-compatible changes over breaking changes. Use semantic versioning for major releases, and consider header-based versioning or URI version prefixes when breaking changes are unavoidable. Maintain deprecation schedules and communicate timelines in documentation and response headers so clients can migrate predictably.

Which authentication method is best for my API?

OAuth 2.0 and OpenID Connect are standard for delegated access and single-sign-on. For machine-to-machine communication, use short-lived tokens issued by a trusted authorization server. API keys can be simple to implement but should be scoped, rotated regularly, and never embedded in public clients without additional protections.

How do I test and monitor an API in production?

Implement synthetic monitoring for critical endpoints, collect real-user metrics (latency percentiles, error rates), and instrument distributed tracing to follow requests across services. Run scheduled contract tests against staging and production-like environments, and correlate incidents with deployment timelines and dependency health.

How do I design for backward compatibility?

Make additive, non-breaking changes where possible: add new fields rather than changing existing ones, and preserve default behaviors. Document deprecated fields and provide feature flags to gate new behavior. Maintain versioned client libraries to give consumers time to upgrade.

Disclaimer

This article is educational and technical in nature. It does not provide legal, financial, or investment advice. Implementations should be evaluated with respect to security policies, compliance requirements, and operational constraints specific to your organization.

Research

API Endpoint Essentials: Design, Security & Tips

Token Metrics Team
5
MIN

APIs power modern software by exposing discrete access points called endpoints. Whether you re integrating a third-party data feed, building a microservice architecture, or wiring a WebSocket stream, understanding what an api endpoint is and how to design, secure, and monitor one is essential for robust systems.

What is an API endpoint and how it works

An api endpoint is a network-accessible URL or address that accepts requests and returns responses according to a protocol (usually HTTP/HTTPS or WebSocket). Conceptually, an endpoint maps a client intent to a server capability: retrieve a resource, submit data, or subscribe to updates. In a RESTful API, endpoints often follow noun-based paths (e.g., /users/123) combined with HTTP verbs (GET, POST, PUT, DELETE) to indicate the operation.

Key technical elements of an endpoint include:

  • URI pattern (path and optional query parameters)
  • Supported methods (verbs) and expected payloads
  • Authentication and authorization requirements
  • Response format and status codes
  • Rate limiting and throttling rules

Endpoints can be public (open to third parties) or private (internal to a service mesh). For crypto-focused data integrations, api endpoints may also expose streaming interfaces (WebSockets) or webhook callbacks for asynchronous events. For example, Token Metrics is an example of an analytics provider that exposes APIs for research workflows.

Types of endpoints and common protocols

Different application needs favor different endpoint types and protocols:

  • REST endpoints (HTTP/HTTPS): Simple, stateless, and cache-friendly, ideal for resource CRUD operations and broad compatibility.
  • GraphQL endpoints: A single endpoint that accepts queries allowing clients to request exactly the fields they need; reduces overfetching but requires careful schema design and complexity control.
  • WebSocket endpoints: Bidirectional, low-latency channels for streaming updates (market data, notifications). Useful when real-time throughput matters.
  • Webhook endpoints: Server-to-server callbacks where your service exposes a publicly accessible endpoint to receive event notifications from another system.

Choosing a protocol depends on consistency requirements, latency tolerance, and client diversity. Hybrid architectures often combine REST for configuration and GraphQL/WebSocket for dynamic data.

Design best practices for robust API endpoints

Good endpoint design improves developer experience and system resilience. Follow these practical practices:

  1. Clear and consistent naming: Use predictable URI patterns and resource-oriented paths. Avoid action-based endpoints like /getUserData in favor of /users/{id}.
  2. Versioning: Expose versioned endpoints (e.g., /v1/users) to avoid breaking changes for consumers.
  3. Input validation: Validate payloads early and return explicit error codes and messages to guide client correction.
  4. Pagination and filtering: For list-heavy endpoints, require pagination tokens or limits to protect backend resources.
  5. Documentation and examples: Provide schema samples, curl examples, and expected response bodies to accelerate integration.

API schema tools (OpenAPI/Swagger, AsyncAPI) let you define endpoints, types, and contracts programmatically, enabling automated client generation, testing, and mock servers during development.

Security, rate limits, and monitoring

Endpoints are primary attack surfaces. Security and observability are critical:

  • Authentication & Authorization: Prefer token-based schemes (OAuth2, JWT) with granular scopes. Enforce least privilege for each endpoint.
  • Transport security: Enforce TLS, HSTS, and secure ciphers to protect data in transit.
  • Rate limiting & quotas: Apply per-key and per-IP limits to mitigate abuse and preserve quality of service.
  • Input sanitization: Prevent injection attacks by whitelisting allowed fields and escaping inputs.
  • Observability: Emit structured logs, traces, and metrics per endpoint. Monitor latency percentiles, error rates, and traffic patterns to detect regressions early.

Operational tooling such as API gateways, service meshes, and managed API platforms provide built-in policy enforcement for security and rate limiting, reducing custom code complexity.

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What is the difference between an api endpoint and an API?

An API is the overall contract and set of capabilities a service exposes; an api endpoint is a specific network address (URI) where one of those capabilities is accessible. Think of the API as the menu and endpoints as the individual dishes.

How should I secure a public api endpoint?

Use HTTPS only, require authenticated tokens with appropriate scopes, implement rate limits and IP reputation checks, and validate all input. Employ monitoring to detect anomalous traffic patterns and rotate credentials periodically.

When should I version my endpoints?

Introduce explicit versioning when you plan to make breaking changes to request/response formats or behavior. Semantic versioning in the path (e.g., /v1/) is common and avoids forcing clients to adapt unexpectedly.

What are effective rate-limiting strategies?

Combine per-key quotas, sliding-window or token-bucket algorithms, and burst allowances. Communicate limits via response headers and provide clear error codes and retry-after values so clients can back off gracefully.

Which metrics should I monitor for endpoints?

Track request rate (RPS), error rate (4xx/5xx), latency percentiles (p50, p95, p99), and active connections for streaming endpoints. Correlate with upstream/downstream service metrics to identify root causes.

When is GraphQL preferable to REST for endpoints?

Choose GraphQL when clients require flexible field selection and you want to reduce overfetching. Prefer REST for simple resource CRUD patterns and when caching intermediaries are important. Consider team familiarity and tooling ecosystem as well.

Disclaimer

The information in this article is technical and educational in nature. It is not financial, legal, or investment advice. Implementations should be validated in your environment and reviewed for security and compliance obligations specific to your organization.

Research

Understanding REST APIs: A Practical Guide

Token Metrics Team
5
MIN

Modern web and mobile apps exchange data constantly. At the center of that exchange is the REST API — a widely adopted architectural style that standardizes how clients and servers communicate over HTTP. Whether you are a developer, product manager, or researcher, understanding what a REST API is and how it works is essential for designing scalable systems and integrating services efficiently.

What is a REST API? Core principles

A REST API (Representational State Transfer Application Programming Interface) is a style for designing networked applications. It defines a set of constraints that, when followed, enable predictable, scalable, and loosely coupled interactions between clients (browsers, mobile apps, services) and servers. REST is not a protocol or standard; it is a set of architectural principles introduced by Roy Fielding in 2000.

Key principles include:

  • Statelessness: Each request from the client contains all information needed; the server does not store client session state between requests.
  • Resource orientation: Everything is modeled as a resource (users, orders, posts), each identified by a URI (Uniform Resource Identifier).
  • Uniform interface: A standard set of operations (typically HTTP methods) operate on resources in predictable ways.
  • Client-server separation: Clients and servers can evolve independently as long as the interface contract is maintained.
  • Cacheability: Responses can be labeled cacheable or non-cacheable to improve performance and scalability.

How REST APIs work: HTTP methods, status codes, and endpoints

A REST API organizes functionality around resources and uses standard HTTP verbs to manipulate them. Common conventions are:

  • GET — retrieve a resource or list of resources.
  • POST — create a new resource under a collection.
  • PUT — replace an existing resource or create if absent (idempotent).
  • PATCH — apply partial updates to a resource.
  • DELETE — remove a resource.

Responses use HTTP status codes to indicate result state (200 OK, 201 Created, 204 No Content, 400 Bad Request, 401 Unauthorized, 404 Not Found, 500 Internal Server Error). Payloads are typically JSON but can be XML or other formats. Endpoints are structured hierarchically, for example: /api/users to list users, /api/users/123 to operate on user with ID 123.

Design patterns and best practices for reliable APIs

Designing a robust REST API involves more than choosing verbs and URIs. Adopt patterns that make APIs understandable, maintainable, and secure:

  • Consistent naming: Use plural resource names (/products, /orders), and keep endpoints predictable.
  • Versioning: Expose versions (e.g., /v1/) to avoid breaking clients when changing the contract.
  • Pagination and filtering: For large collections, support parameters for page size, cursors, and search filters to avoid large responses.
  • Error handling: Return structured error responses with codes and human-readable messages to help client debugging.
  • Rate limiting and throttling: Protect backends by limiting request rates and providing informative headers.
  • Security: Use TLS, authenticate requests (OAuth, API keys), and apply authorization checks per resource.

Following these practices improves interoperability and reduces operational risk.

Use cases, tools, and how to test REST APIs

REST APIs are used across web services, microservices, mobile backends, IoT devices, and third-party integrations. Developers commonly use tools and practices to build and validate APIs:

  • API specifications: OpenAPI (formerly Swagger) describes endpoints, parameters, responses, and can be used to generate client/server code and documentation.
  • Testing tools: Postman, curl, and automated test frameworks (JUnit, pytest) validate behavior, performance, and regression checks.
  • Monitoring and observability: Logs, distributed tracing, and metrics (latency, error rates) help identify issues in production.
  • Client SDKs and code generation: Generate typed clients for multiple languages to reduce integration friction.

AI-driven platforms and analytics can speed research and debugging by surfacing usage patterns, anomalies, and integration opportunities. For example, Token Metrics can be used to analyze API-driven data feeds and incorporate on-chain signals into application decision layers without manual data wrangling.

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FAQ: What is REST API — common questions

What is the difference between REST and RESTful?

"REST" refers to the architectural constraints described by Roy Fielding; "RESTful" is a colloquial adjective meaning an API that follows REST principles. Not all APIs labeled RESTful implement every REST constraint strictly.

How does REST compare to SOAP and GraphQL?

SOAP is a protocol with rigid standards and built-in operations (often used in enterprise systems). GraphQL exposes a single endpoint and lets clients request precise data shapes. REST uses multiple endpoints and standard HTTP verbs. Each approach has trade-offs in flexibility, caching, and tooling.

When should I version my REST API?

Version your API before making breaking changes to request/response formats or behavior that existing clients depend on. Common strategies include URI versioning (e.g., /v1/) or header-based versioning.

Are REST APIs secure by default?

No. Security must be designed in: use HTTPS/TLS, authenticate requests, validate input, apply authorization checks, and limit rate to reduce abuse. Treat REST APIs like any other public interface that requires protection.

How do I test and document a REST API effectively?

Use API specifications (OpenAPI) to auto-generate docs and client stubs. Combine manual testing tools like Postman with automated integration and contract tests in CI pipelines to ensure consistent behavior across releases.

Can REST APIs handle streaming or real-time data?

REST is request/response oriented and not ideal for continuous real-time streams. For streaming, consider WebSockets, Server-Sent Events (SSE), or specialized protocols; REST can still be used for control operations and fallbacks.

Disclaimer: This article is educational and technical in nature. It does not provide investment or legal advice. The information is intended to explain REST API concepts and best practices, not to recommend specific products or actions.

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