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Understanding How Crypto APIs Power Digital Asset Platforms

Explore how crypto APIs function, power trading platforms, and enable AI-driven analytics. Learn key types, use cases, and integration tips.
Token Metrics Team
5
MIN

In today's digital asset ecosystem, Application Programming Interfaces, or APIs, are the unsung heroes enabling everything from cryptocurrency wallets to trading bots. Whether you're a developer building for Web3 or a curious user interested in how your exchange functions, understanding how crypto APIs work is essential

    What Is a Crypto API?

    A crypto API is a set of programming instructions and standards that allow software applications to communicate with cryptocurrency services. These services may include wallet functions, price feeds, trading engines, exchange platforms, and blockchain networks. By using a crypto API, developers can automate access to real-time market data or execute trades on behalf of users without manually interacting with each platform.

    For instance, the Token Metrics API provides structured access to cryptocurrency ratings, analytics, and other data to help teams build intelligent applications.

    Types of Crypto APIs

    There are several categories of APIs in the cryptocurrency landscape, each with different capabilities and use cases:


       

       

       

       

       


    How Crypto APIs Work

    At their core, crypto APIs operate over internet protocols—typically HTTPS—and return data in JSON or XML formats. When an application makes a request to an API endpoint (a specific URL), the server processes the request, fetches the corresponding data or action, and sends a response back.

    For example, a crypto wallet app might call an API endpoint like /v1/account/balance to check a user’s holdings. To ensure security and authorization, many APIs require API keys or OAuth tokens for access. Rate limits are also enforced to prevent server overload.

    Behind the scenes, these APIs interface with various backend systems—blockchains, trading engines, or databases—to fulfill each request in real time or near real time.

    Common Use Cases for Crypto APIs

    Crypto APIs are used across a broad spectrum of applications:


       

       

       

       

       


    Benefits of Using Crypto APIs


       

       

       

       


    APIs dramatically reduce time-to-market for developers while enhancing user experience and application efficiency.

    Key Considerations for API Integration

    When integrating a crypto API, consider the following factors:


       

       

       

       

       


    Platforms like the Token Metrics API provide both comprehensive documentation and reliability for developers building AI-powered solutions in crypto.

    AI-Powered Analytics and APIs

    Some of the most powerful crypto APIs now incorporate artificial intelligence and machine learning features. For example, the Token Metrics API facilitates access to predictive models, coin grades, and AI-based price forecasts.

    By embedding these tools into custom apps, users can programmatically tap into advanced analytics, helping refine research workflows and support technical or fundamental analysis. Although these outputs can guide decisions, they should be viewed in a broader context instead of relying exclusively on model predictions.

    Conclusion

    Crypto APIs are critical infrastructure for the entire digital asset industry. From data retrieval and trading automation to blockchain integration and AI-driven analytics, these tools offer immense utility for developers, analysts, and businesses alike. Platforms such as Token Metrics provide not only in-depth crypto research but also API access to empower intelligent applications built on real-time market insights. By understanding how crypto APIs work, users and developers can better navigate the rapidly evolving Web3 landscape.

    Disclaimer

    This article is for informational and educational purposes only. It does not constitute financial, investment, or technical advice. Always conduct your own research and consult professional advisors before making any decisions.

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    Token Metrics Team
    Token Metrics Team

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    Crypto Basics

    What Is an NFT? Complete Guide to Non-Fungible Tokens (2025)

    Token Metrics Team
    6 min
    MIN

    Over the past few years, NFTs (Non-Fungible Tokens) have exploded in popularity—revolutionizing the way we think about digital ownership, art, gaming, collectibles, and more. In 2025, NFTs continue to shape the future of the internet, transforming everything from music rights to virtual real estate.

    If you're wondering “What is an NFT?” or how they actually work, this guide breaks it down for you. We’ll also explore how AI-powered tools like Token Metrics can help you identify high-value NFT-related tokens and investment opportunities.

    🔍 What Does NFT Stand For?

    NFT stands for Non-Fungible Token. Let’s break that down:

    • Token: A digital asset that exists on a blockchain.
    • Non-Fungible: It’s unique and cannot be replaced with something else of equal value. (Unlike cryptocurrencies like Bitcoin, where each BTC is the same.)

    So, an NFT is a unique digital asset stored on a blockchain, representing ownership of a specific item—like artwork, music, a tweet, a game character, or a piece of virtual land.

    🎹 What Can Be an NFT?

    NFTs aren’t just limited to pixelated apes or JPEGs. In 2025, NFTs power a broad range of digital assets:

    • Digital Art: Artworks, animations, and generative art
    • Collectibles: Rare items like trading cards or profile picture (PFP) projects
    • Gaming Assets: In-game skins, weapons, characters, and land (e.g., in The Sandbox or Decentraland)
    • Music and Media: Songs, albums, and exclusive content drops
    • Virtual Real Estate: Land parcels in the metaverse
    • Domain Names: Blockchain-based domain ownership
    • Identity & Access: Membership passes, event tickets, or certification credentials

    Each NFT has a unique identifier and metadata that distinguish it from any other asset.

    đŸ› ïž How Do NFTs Work?

    NFTs are built and recorded on blockchains, most commonly on Ethereum using ERC-721 or ERC-1155 standards. Here’s how they work:

    1. Minting: Turning a digital file into a token on the blockchain
    2. Metadata: Storing details like title, creator, image URL, and traits
    3. Ownership: A smart contract verifies the wallet that owns the NFT
    4. Transferability: NFTs can be sold, traded, or gifted using marketplaces

    Because of blockchain immutability, ownership is transparent, verifiable, and permanent.

    📈 Why Are NFTs Valuable?

    Several reasons explain the rising value and popularity of NFTs:

    • Digital Ownership: You own the asset—not a platform
    • Proven Scarcity: Many NFTs are limited in supply
    • Creator Royalties: Artists earn fees on secondary sales
    • Utility & Access: Some NFTs unlock real-world benefits, games, or private groups
    • Social Status: PFPs like CryptoPunks or Bored Ape Yacht Club are digital status symbols
    • Speculation: Many treat NFTs as investments, betting on future appreciation

    In 2025, NFTs have gone beyond hype to form the foundation of Web3 identity and ownership.

    💰 How to Buy an NFT

    To buy an NFT, you’ll need:

    1. A crypto wallet (like MetaMask)
    2. Some ETH or other supported crypto for payment and gas fees
    3. An NFT marketplace like OpenSea, Blur, Magic Eden, or Rarible

    Steps to Buy:

    • Fund your wallet
    • Connect to a marketplace
    • Browse collections
    • Click “Buy Now” or place a bid
    • Approve the transaction

    Once purchased, the NFT is transferred to your wallet and viewable on your profile.

    ⚠ Are NFTs Safe?

    NFTs are secure if you follow best practices. However, scams and phishing attacks are common.

    Security Tips:

    • Never share your seed phrase
    • Verify contract addresses before minting
    • Don’t connect your wallet to unknown sites
    • Use hardware wallets for high-value NFTs
    • Bookmark official sites

    🧠 How Token Metrics Helps You Identify NFT-Related Investments

    NFTs are not just collectibles—they’re tied to blockchain ecosystems and tokens. Platforms like Token Metrics help you identify high-potential NFT projects, gaming ecosystems, and utility tokens powering the space.

    ✅ How Token Metrics Helps:

    • AI-powered Grades: See which NFT-related tokens are trending with Trader & Investor Grades
    • Moonshots Tab: Find small-cap NFT tokens with 10x–100x potential
    • Thematic Indices: Invest in curated NFT indices powered by Token Metrics AI
    • Token Details Page: Dive deep into any NFT-related token’s fundamentals, holders, and performance

    Whether it’s $IMX, $MAGIC, $APE, or a metaverse play like $MANA, Token Metrics gives you a data-driven edge.

    đŸ§© Popular NFT Blockchains in 2025

    NFTs are no longer limited to Ethereum. In 2025, several chains offer faster, cheaper minting and trading:

    Token Metrics tracks all these chains, offering a cross-chain perspective for NFT investing.

    đŸȘ™ What Are NFT Tokens?

    Many NFT ecosystems have their own fungible tokens used for governance, staking, or ecosystem rewards. Examples include:

    • $APE (Bored Ape Yacht Club)
    • $MAGIC (TreasureDAO)
    • $IMX (Immutable X)
    • $LOOKS (LooksRare)
    • $BLUR (Blur marketplace)

    These tokens can rise in value based on NFT trading volume, user adoption, and staking incentives. Token Metrics’ analytics help traders spot breakout opportunities early.

    🚀 Future of NFTs in 2025 and Beyond

    NFTs are evolving fast. In 2025, they’re used for more than art and gaming:

    • NFTs as IDs: Used for logging into apps and verifying reputation
    • Real-world assets: Tokenizing real estate, music royalties, and legal contracts
    • DeFi integrations: NFTs used as collateral in lending protocols
    • Event access: NFTs as tickets for IRL and virtual experiences
    • AI x NFTs: Generative AI tools minting and managing NFT metadata autonomously

    Expect continued innovation, and stay ahead using tools like Token Metrics.

    🧠 Final Thoughts: Are NFTs Worth It?

    NFTs are more than a trend — they represent the digitization of ownership in the Web3 era. From art and identity to games and finance, NFTs unlock new possibilities for creators and collectors alike.

    If you're looking to explore NFT opportunities beyond collectibles—Token Metrics gives you the data, AI tools, and insights you need to invest intelligently.

    Crypto Basics

    How to Create a Crypto Wallet: A Complete Beginner’s Guide (2025)

    Token Metrics Team
    6 min
    MIN

    As the popularity of cryptocurrencies continues to grow in 2025, more people are seeking safe and secure ways to manage their digital assets. The first step in your crypto journey? Creating a crypto wallet.

    In this guide, we’ll explain:

    • What a crypto wallet is
    • Different types of wallets
    • How to create one (step-by-step)
    • Tips for securing your wallet
    • How Token Metrics can help you trade smarter after setup

    đŸȘ™ What Is a Crypto Wallet?

    A crypto wallet is a digital tool that allows you to store, receive, and send cryptocurrencies like Bitcoin, Ethereum, and thousands of altcoins. Instead of holding physical money, it stores your private and public keys, giving you access to your blockchain assets.

    Two Major Types:

    1. Hot Wallets – connected to the internet (ideal for active users)
    2. Cold Wallets – offline and more secure (ideal for long-term storage)

    Whether you're buying Bitcoin for the first time or diving into DeFi tokens, you'll need a crypto wallet to safely store and manage your coins.

    đŸ”„ Hot Wallets vs. 🧊 Cold Wallets

    ‍

    ‍

    Hot wallets are easier to set up and use, while cold wallets offer greater protection against hacks and malware.

    đŸ› ïž How to Create a Crypto Wallet (Step-by-Step)

    Option 1: Creating a Hot Wallet (e.g., MetaMask or Trust Wallet)

    Step 1: Download the App or Browser Extension

    Step 2: Create a New Wallet

    • Click “Create a Wallet”
    • Set a strong password

    Step 3: Backup Your Recovery Phrase

    • Write down the 12 or 24-word seed phrase
    • Store it offline (NOT on your phone or computer)

    Step 4: Confirm Your Recovery Phrase

    • MetaMask will ask you to re-enter it to ensure it's saved correctly

    Step 5: Wallet is Ready

    • You can now receive, send, and store ETH, ERC-20 tokens, and NFTs

    ✅ Pro Tip: Connect your wallet to Token Metrics to explore trading signals, moonshots, and AI analytics directly.

    Option 2: Creating a Cold Wallet (e.g., Ledger Nano X)

    Step 1: Buy a Ledger or Trezor device

    • Always order from the official website to avoid tampered devices

    Step 2: Install Wallet Software

    • Download Ledger Live or Trezor Suite

    Step 3: Set Up Device and PIN

    • Follow the on-screen instructions
    • Create a secure PIN code

    Step 4: Write Down Your Recovery Phrase

    • The device will show a 24-word seed phrase
    • Write it down and store it in a fireproof safe

    Step 5: Start Receiving Crypto

    • Use Ledger Live or Trezor Suite to generate wallet addresses
    • Send crypto from exchanges or other wallets

    ✅ Pro Tip: Use your cold wallet to store moonshots and long-term assets, then analyze performance using Token Metrics Portfolio tools.

    đŸ›Ąïž Tips for Securing Your Crypto Wallet

    1. Never share your seed phrase
      Anyone with your seed phrase can steal your funds

    2. Enable Two-Factor Authentication (2FA)
      For added protection on wallet apps and exchange accounts

    3. Use a strong, unique password
      Avoid reusing passwords across multiple accounts

    4. Avoid phishing sites
      Always double-check URLs before connecting your wallet

    5. Keep backups offline
      Use metal seed plates or paper stored in multiple safe locations

    🔎 How Token Metrics Supports Your Wallet Journey

    While Token Metrics doesn't create wallets, it integrates seamlessly with your Web3 wallets to help you maximize profits and minimize risks.

    1. AI-Powered Ratings

    Once your wallet is set up, use Token Metrics to find top-rated tokens across risk levels, market caps, and sectors.

    2. Moonshots Dashboard

    Explore early-stage tokens with massive upside using the Moonshots tab—only available to Premium members.

    3. Real-Time Alerts

    Set up alerts for price, investor grade, or bullish/bearish signals—and receive them directly to your connected wallet’s contact info.

    4. Track Your Portfolio

    Monitor wallet performance across tokens with a real-time dashboard powered by on-chain data.

    📩 What Can You Store in Your Crypto Wallet?

    Different wallets support different blockchains, so always check compatibility before sending assets.

    đŸ“Č Best Wallets to Use in 2025

    ‍

    🔄 Wallet Creation FAQs

    Q: Is creating a crypto wallet free?
    Yes, most wallet apps like MetaMask or Trust Wallet are free.

    Q: Can I create multiple wallets?
    Absolutely. Many investors use different wallets for different purposes (e.g., trading, staking, savings).

    Q: What happens if I lose my recovery phrase?
    You lose access to your wallet permanently. Always store it securely.

    Q: Do I need a wallet to use Token Metrics?
    No, but connecting a wallet enhances your experience by allowing you to monitor portfolios, moonshots, and alerts in real time.

    🧠 Final Thoughts

    Creating a crypto wallet is your gateway to the decentralized world of digital finance. Whether you’re a seasoned trader or a beginner buying your first token, having a secure wallet is non-negotiable.

    By choosing the right wallet (hot or cold), securing your keys, and combining it with powerful tools like Token Metrics, you can build a smart, secure, and profitable crypto journey.

    Crypto Basics

    How to Store Cryptocurrency Safely in 2025 | Hot vs Cold Wallets

    Token Metrics Team
    6 min
    MIN

    Cryptocurrency offers unmatched freedom, but with that freedom comes responsibility—especially when it comes to how to store cryptocurrency securely. Unlike traditional banking, crypto is self-custodied. If you lose access to your wallet, your funds are gone forever.

    This guide explains everything you need to know about storing crypto in 2025, including:

    • Why crypto storage matters
    • Types of crypto wallets
    • Hot wallets vs. cold wallets
    • Tips for securing your assets
    • How platforms like Token Metrics can help protect your investment

    đŸȘ™ Why Is Storing Cryptocurrency Important?

    When you buy crypto—whether it’s Bitcoin, Ethereum, or a promising moonshot altcoin—you receive private keys that give you access to your funds. Anyone with that key can spend your coins.

    That’s why safe storage is critical. Without it, your assets are vulnerable to:

    • Hacks and phishing scams
    • Lost devices or forgotten passwords
    • Exchange collapses or rug pulls

    You are your own bank, and your security strategy is your vault.

    🔐 What Is a Crypto Wallet?

    A crypto wallet is a digital tool that stores your private and public keys. It lets you send, receive, and manage your crypto.

    There are two main types:

    1. Hot wallets – connected to the internet
    2. Cold wallets – offline and physically secured

    Let’s explore both.

    🌐 Hot Wallets: Convenience Meets Risk

    Hot wallets are always online, making them easy to use for trading, DeFi, or daily transactions.

    Types of Hot Wallets:

    • Web wallets (e.g., MetaMask, Trust Wallet)
    • Mobile apps (e.g., Coinbase Wallet, Phantom)
    • Desktop wallets (e.g., Exodus, Electrum)

    Pros:

    • Quick access to funds
    • Easy integration with DApps and exchanges
    • Great for beginners and active traders

    Cons:

    • Higher risk of hacks, malware, and phishing
    • Device or browser compromise can expose keys

    Best Practices for Hot Wallets:

    • Use 2FA (Two-Factor Authentication)
    • Never store large amounts
    • Double-check URLs to avoid fake websites
    • Avoid public Wi-Fi while transacting

    🧊 Cold Wallets: Ultimate Security

    Cold wallets are offline storage solutions, ideal for long-term investors or large holdings.

    Types of Cold Wallets:

    • Hardware wallets (e.g., Ledger Nano X, Trezor)
    • Paper wallets (QR code + private key printed on paper)
    • Air-gapped devices (old smartphones with no internet access)

    Pros:

    • Immune to online hacks
    • Best for HODLing and large sums
    • You own full control

    Cons:

    • Less convenient for daily use
    • Loss or damage without backups = permanent loss

    Best Practices for Cold Wallets:

    • Buy hardware wallets directly from the manufacturer
    • Backup your seed phrase on metal plates or offline storage
    • Keep backups in secure, separate locations

    🔄 Custodial vs. Non-Custodial Wallets

    🏩 Custodial Wallets

    Managed by exchanges (e.g., Binance, Coinbase). You don’t own the private keys.

    Pros:

    • Easy to use
    • Ideal for beginners

    Cons:

    • Not your keys, not your crypto
    • Vulnerable to hacks or platform failures

    🔓 Non-Custodial Wallets

    You own the keys. Wallets like MetaMask, Trust Wallet, or hardware devices.

    Pros:

    • Full control and ownership
    • Safer long-term storage

    Cons:

    • Losing your seed phrase = permanent loss
    • Requires more responsibility

    Tip: Token Metrics recommends non-custodial wallets for storing long-term holdings and moonshot tokens.

    🔐 How Token Metrics Enhances Crypto Security

    Token Metrics is an AI-powered crypto research and trading platform trusted by thousands of investors. While it doesn’t store your crypto directly, it helps you manage risk and store assets wisely by:

    1. Identifying Safe Assets

    Token Metrics gives you AI-generated grades for tokens—helping you avoid scams and invest in credible projects worth storing long-term.

    2. Trading Tools with Wallet Integration

    You can explore tokens, assess moonshots, and initiate trades directly from your connected Web3 wallet without leaving the platform.

    3. Portfolio Tracking with Security

    Token Metrics allows you to track wallets and portfolio performance without requiring access to your private keys.

    4. Educational Guidance

    Through webinars, blog content, and investor resources, Token Metrics educates users on how to safely store their crypto in hot and cold wallets.

    🧠 Tips to Keep Your Crypto Safe in 2025

    ✅ Use Hardware Wallets for Large Amounts

    Your long-term Bitcoin, Ethereum, and moonshot tokens should live on a hardware wallet, not on an exchange.

    ✅ Store Your Seed Phrase Offline

    Do NOT keep your recovery phrase in Google Docs or your phone. Use metal seed phrase storage or write it down and lock it in a safe.

    ✅ Use Multiple Wallets

    Diversify storage:

    • Hot wallet for daily use
    • Cold wallet for savings
    • Separate wallet for DeFi

    ✅ Avoid Suspicious Links and Apps

    Phishing is the #1 crypto threat. Double-check URLs, don’t sign unknown transactions, and avoid shady browser extensions.

    ✅ Monitor Wallet Activity

    Use platforms like Token Metrics Alerts or Etherscan to track your wallet and get notified of suspicious activity.

    đŸȘ™ How to Store Different Types of Crypto

    ‍

    🧭 Final Thoughts

    Storing cryptocurrency securely is just as important as choosing the right tokens to invest in. Whether you’re a day trader, long-term investor, or moonshot hunter, knowing when and where to store your crypto is key to protecting your wealth.

    In 2025, the best strategy combines:

    • Cold wallets for large, long-term holdings
    • Hot wallets for convenience and trading
    • Non-custodial options to retain full control
    • AI tools like Token Metrics to identify trustworthy assets and avoid scams

    When you store your crypto properly, you don’t just protect your assets—you gain peace of mind.

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