Exchangr Prelaunch – Real-Time and Historical Market Data API | Hacker News Reader

Exchangr Prelaunch – Real-Time and Historical Market Data API

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I don't like being negative on HN - but this doesn't feel like a good faith Show HN.

The product isn't available to use - it baits you into putting your email address in but then just tells you that you've been added to a waitlist.

Secondly, there are so many APIs like this. There are a few that are reliable and have been around for years - but there is an endless churn of new ones created, barely maintained and then abandoned. What is different about this one? There doesn't seem to be anything new about it or any specific reasons to think it isn't just yet another cloned SaaS product being "growth hacked" on HN.

We didn't mean to make it feel like a bait, we'll make it clear that it's a prelaunch. We'll correct that right away on the post and the website.

If you want me to unsubscribe you let me know.

And about your second point: Our data is more accurate and we have better customer support.

I know there are many products in this market, but it's more convenient for us to have a successful product than to start and stop with new things. If you'd like to get to know us, we're Zyla Labs, and have already built two products like this one.

https://www.zylalabs.com/ https://www.commodities-api.com/ https://www.metals-api.com/

- 180 Currencies + Criptocurrencies: Our API is integrated with a number of highly reputable foreign exchange rate sources, offering the most recent and accurate rates.

- Historical Data: Historical exchange rate data is available to help you make the best decisions.

- Trusted Sources: Currency data delivered by Exchangr is sourced from financial data providers and banks.

Currency data is free and everyone has it including yahoo. How does this compete with, say, IEX?

The main benefit is that since it's an API, it's easy to integrate it into your app, website, or a google spreadsheet

There are dozens of forex api providers out there. It’s a commodity. What does this one compete on against the rest?

Our data is more accurate and we have better customer support.

Who has free intraday data going back years? So far the only one I've found is Dukascopy. OP's website doesn't seem to say whether it does or not.

We haven't confirmed whether we'll be able to get the intraday data from another source, hopefully we'll have most of them starting from 2010 at the latest. If that's not possible then it'll have to be since our launch date. But having several years is a high priority.

Having 200+ pairs is not the same as 200+ currencies, so that’s quite misleading. You can have 200 pairs with 21 currencies.

You're right, it should say 180 currencies. We'll also have many criptocurrencies

Well 180 is every currency, so you’ll have every single currency but only 1 pair for each currency except a select few with more?

50 of those currencies are fixed exchange rate so there’s not much point in an API. To be completely blunt it sounds like you just Googled how many currencies exist and said you’ll support them all.

These are all of the currencies that we'll have. Base currencies available are USD, GBP and EUR. There are 164 currencies, 172 counting cryptocurrencies.

I'm not sure there even could be 200+ currencies? There are only 193 members of the UN and many will share either the Euro or the US Dollar as their currency. E.g. countries like El Salvador just directly use Dollars and don't have their own currency.

So it's either referring to how many pairs they support or the marketing is over reaching a fair amount...

not sure how it ended up on HN front page - Criprocurrencies is probably a typo. if you are looking for simple apis that just work in this space see https://openexchangerates.org/

There are 164 currencies, 172 counting cryptocurrencies. Base currencies available are USD, GBP and EUR.

it would be nice to see the API so that people know what it can and can't do

We haven't launched yet, probably in a couple of weeks we'll be up an running. I'm new to HN so I'm still figuring it out. The landing page is liked on the post. Is there anything else I could do to make it better?

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