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|  How to Fetch Cryptocurrency Market Data Using Nomics API in Node.js

How to Fetch Cryptocurrency Market Data Using Nomics API in Node.js

October 31, 2024

Learn to fetch crypto market data seamlessly using the Nomics API with Node.js. A step-by-step guide for developers to integrate and analyze cryptocurrency data.

How to Fetch Cryptocurrency Market Data Using Nomics API in Node.js

 

Install Necessary Packages

 

  • First, ensure you have Node.js and npm installed on your machine. You will need to use npm to manage your project dependencies.
  •  

  • Create a new Node.js project if you haven't already by running npm init and follow the prompts. This will generate a package.json file in your directory.
  •  

  • Install the axios package to handle HTTP requests. You can do this by running the command npm install axios.

 

Set Up Your Nomics API Key

 

  • Add your Nomics API key as an environment variable to keep it secure. You can use a package like dotenv to manage your environment variables. Install it using npm install dotenv.
  •  

  • Create a .env file in your project root and add your API key:
  •  

NOMICS_API_KEY=your_api_key_here

 

Create a Function to Fetch Market Data

 

  • Create a new JavaScript file, e.g., fetchData.js, in your project directory where you will write the code to access the Nomics API.
  •  

  • Require the necessary modules: axios for HTTP requests and dotenv to manage environment variables.

 

require('dotenv').config();
const axios = require('axios');

async function fetchMarketData() {
  const url = `https://api.nomics.com/v1/currencies/ticker?key=${process.env.NOMICS_API_KEY}&interval=1d,30d&convert=USD&per-page=100&page=1`;

  try {
    const response = await axios.get(url);
    console.log(response.data);
  } catch (error) {
    console.error('Error fetching data from Nomics:', error);
  }
}

fetchMarketData();

 

Understand the API Request

 

  • Replace the query parameters in the URL to customize the API request. Key parameters include:
    • <li><code>key</code>: Your Nomics API key.</li>
      
      <li><code>interval</code>: The frequency of returned data points (e.g., <code>1d</code> for daily or <code>1h</code> for hourly).</li>
      
      <li><code>convert</code>: The currency in which to convert the market data (e.g., <code>USD</code>).</li>
      
      <li><code>per-page</code> and <code>page</code>: Control the number of datapoints per page and the page number, respectively.</li>
      

 

Run Your Application

 

  • Open your terminal and run the command node fetchData.js to execute your script. This will call the Nomics API and output the market data in your console.
  •  

  • If everything is configured correctly, you should see the fetched market data in JSON format. Use this data as required in your application.

 

Handle Errors and Edge Cases

 

  • Implement error handling in your code to manage exceptions like API rate limits, server errors, or incorrect API key usage. Customize error messages to help in debugging.
  •  

  • Consider cases where the API might return an incomplete response or incorrect data due to network issues or other exceptions, and handle these gracefully in your logic.

 

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