Our development update communicates what we’re working on at Interdax and an indication of when you’ll be able to use these new features.
1. Public API Release
After tests with some of our users since the last development update on May 1st, we are pleased to announce that the public API is now available.
The API release permits algorithmic traders to join our platform (as well as compete in battles), enables us to onboard more market makers, and integrate Interdax with the wider cryptocurrency ecosystem (such as analytics/charting platforms).
To get started, create an API key from the web app's settings (see our Help Centre guide on how to create an API key). Save the ID and the Secret, which can be placed into the API_KEY_ID and API_KEY_SECRET variables respectively in the example code.
The API domains are:
2. Deposit/Withdrawal Improvements
Within the next week or so, we will be improving the deposit/withdrawal function.
There will be two major changes:
i) Deposits will be visible almost instantly (though they are still available only after two confirmations).
ii) Small withdrawals will be processed instantly from a small hot wallet (where small withdrawals count as any amount up to the available amount in this wallet).
It is important to note that this hot wallet will not contain any user funds.
Instead, it will hold a small fraction of Interdax’s funds which will be dedicated to delivering speedy withdrawals. Even with loss of the hot wallet, user funds will be unaffected. Read more about how we secure user funds here.
3. Reduce-only Orders
During June, our focus will be on replacing the legacy matching engine which will allow us to introduce new order types.
Therefore, we are still on track for adding new order types (e.g., reduce-only orders) at the end of June/start of July.