All topics
PED Perspectives
Customers + Partners
Company News
Industry Insights
Industry Insights
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Does Bitpanda Custody have an API?

Does Bitpanda Custody have an API?

Yes, Bitpanda Custody does have an API, which allows users to manage wallets, view balances, send assets, and access other features. You can find more information about the API in the Bitpanda Custody documentation. However, an alternative to using Bitpanda Custody's API is the Mesh API, which has built integrations with 300+ digital asset exchanges and wallets, allowing developers to build products that enable users to access their digital assets from various platforms, all via a single integration with Mesh.

About Bitpanda Custody

Bitpanda Custody is a crypto custody platform catering to institutional investors, service providers, token issuers, and corporate treasuries. With a focus on security, compliance, and trustworthiness, it offers features like segregated wallets, DeFi readiness, and insured custody. Although the platform's location and founding year aren't explicitly mentioned, its parent company, Bitpanda, is based in Vienna, Austria, and was founded in 2014. Bitpanda has raised a total of $554 million in funding, with investors such as LeadBlock Partners and Valar Ventures.

General usage

The key aspects of BitPanda API are:

  1. Trust API: This is the main API for interacting with TrustVault wallets. It is a GraphQL-based API that allows users to:
  • Create BIP32 compatible wallets for Bitcoin, Ethereum (and ERC20), and Binance Chain.
  • View balances, send assets, view transaction history, create Bitcoin receive addresses, and access many more features.
  1. Travel Rule API: This API is designed to comply with the Travel Rule requirements in cryptocurrency transactions. It ensures the sharing of beneficiary and originator information for transactions.
  2. Change Wallet Policy API: For updating wallet policies.
  3. Create Transaction APIs: For creating Bitcoin, Ethereum, and transactions on unsupported EVM chains.
  4. User Portfolio API: For getting a summary of user assets.
  5. Ethereum Transaction GraphQL API: For creating complex Ethereum transactions using GraphQL.

Authentication

This is how you authenticate your Bitpanda Custody API:

  1. Choose one of the two methods of API access: using an iPhone device with the TrustVault App or holding your own Instruction Key.
  2. Refer to the relevant tutorials and documentation for your chosen method of API access, as provided in the Bitpanda Custody documentation.
  3. Understand the GraphQL Schema definition for the Authentication object, which includes encrypted blob tokens.
  4. Get familiar with the AuthenticationResponse object, which includes the Authentication and PinChallenge.
  5. Follow the guidelines and best practices provided in the Bitpanda Custody API documentation for secure and effective authentication.

Errors

Here are the most common API errors for Bitpanda Custody API:

  • Rate limit errors: If you receive a status code 429, it indicates that you've exceeded the API's rate limits. To resolve this issue, reduce the frequency of your requests or contact support for assistance.
  • Authentication errors: Ensure that you're using the correct encrypted blob tokens and following the guidelines provided in the Bitpanda Custody documentation for secure and effective authentication.
  • Embedded Crypto Deposits errors: If you encounter issues related to deposits, double-check the wallet addresses and transaction details to ensure accuracy and compliance with the API's requirements.

An alternative to the Bitpanda Custody API

While Bitpanda Custody API offers a range of features for managing digital assets, Mesh provides a more comprehensive solution for developers and businesses looking to streamline and integrate cryptocurrency transactions within their applications. Here are some reasons why using the Mesh API is a better option than accessing Bitpanda Custody's API directly:

  • Integrated User Experience: The Mesh API embeds cryptocurrency functionalities into your app, offering a smooth user journey and eliminating the need to switch between apps or copy/paste long addresses.
  • Broad Connectivity: With a single integration, the Mesh API connects to over 300 brokerages, exchanges, and wallets, providing extensive flexibility and choice for your users.
  • Simplified Asset Management: The Mesh API eases the process of depositing assets, allowing transfers from various sources directly within your app for enhanced user convenience.
  • Cost-Effective: Mesh offers customized pricing options for businesses that can be discussed with the sales team.

Start with Mesh today and experience the ease and efficiency of their cutting-edge API in your digital asset endeavors.