BitcoinAverage, an aggregated Bitcoin price index, announced a closed beta of its latest, full-featured API. The new API is bundled with a new front-end, allows key generation for authenticated endpoints, provides scalability for enterprise needs, and more while continuing to provide consistent realtime Bitcoin data.

"Access will initially be provided to existing users, and then opened up to the wider community," Shaun Gilchrist, BitcoinAverage founder, commented in a press release. "It is our aim to continue providing the most comprehensive price data for the industry, and we hope that with the help of the community and their feedback, we will be best placed to do that."

BitcoinAverage opened its doors in 2013 and quickly began developing open-source APIs to provide real-time Bitcoin data to mobile and Web apps, and businesses around the world. Existing APIs include Global tickers API, Market tickers API, Exchange volume API, and Historical data. Bitcoin Average ensures users that those using its current APIs will NOT be forced out following upgrade to the new API. The new API will include a free plan for users, and tiered offerings scale up with features and functionality.

The new API will include much more customization. For instance, some users may wish to include or exclude certain indicies within an index. The API gives users full authority and autonomy to programmatically select indicies of choice. Additionally, the API roadmap includes a new algorithm for aggregating pricing data that far exceeds the current volume weighted average price deployed in the current APIs. The company looks forward to user feedback, a broader release, and continued release of new features. Visit the homepage for more information.