Warehouses and Lakes
Finance & Ops Analytics

How to load data from Coin API to AWS Datalake

Learn how to use Airbyte to synchronize your Coin API data into AWS Datalake within minutes.

TL;DR

This can be done by building a data pipeline manually, usually a Python script (you can leverage a tool as Apache Airflow for this). This process can take more than a full week of development. Or it can be done in minutes on Airbyte in three easy steps:

  1. set up Coin API as a source connector (using Auth, or usually an API key)
  2. set up AWS Datalake as a destination connector
  3. define which data you want to transfer and how frequently

You can choose to self-host the pipeline using Airbyte Open Source or have it managed for you with Airbyte Cloud.

This tutorial’s purpose is to show you how.

What is Coin API

CoinAPI is a platform which provides fast, reliable and unified data APIs to cryptocurrency markets. CoinAPI is a well known marketplace where you can find the most advanced free crypto API. CoinAPI empowers users to gain the most from cryptocurrency. CoinAPI is a service provider that is solely highlighted on supplying price and market data. CoinAPI is a cryptocurrency exchange API with more than 250 exchanges available and CoinAPI has data on more than 9,000 assets.

What is AWS Datalake

An AWS Data Lake is a centralized repository that allows you to store all your structured and unstructured data at any scale. It is designed to handle massive amounts of data from various sources, such as databases, applications, IoT devices, and more. With AWS Data Lake, you can easily ingest, store, catalog, process, and analyze data using a wide range of AWS services like Amazon S3, Amazon Athena, AWS Glue, and Amazon EMR. This allows you to build data lakes for machine learning, big data analytics, and data warehousing workloads. AWS Data Lake provides a secure, scalable, and cost-effective solution for managing your organization's data.

Integrate Coin API with AWS Datalake in minutes

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Prerequisites

  1. A Coin API account to transfer your customer data automatically from.
  2. A AWS Datalake account.
  3. An active Airbyte Cloud account, or you can also choose to use Airbyte Open Source locally. You can follow the instructions to set up Airbyte on your system using docker-compose.

Airbyte is an open-source data integration platform that consolidates and streamlines the process of extracting and loading data from multiple data sources to data warehouses. It offers pre-built connectors, including Coin API and AWS Datalake, for seamless data migration.

When using Airbyte to move data from Coin API to AWS Datalake, it extracts data from Coin API using the source connector, converts it into a format AWS Datalake can ingest using the provided schema, and then loads it into AWS Datalake via the destination connector. This allows businesses to leverage their Coin API data for advanced analytics and insights within AWS Datalake, simplifying the ETL process and saving significant time and resources.

Step 1: Set up Coin API as a source connector

1. First, navigate to the Coin API website and create an account if you haven't already done so.
2. Once you have an account, log in and navigate to the API section of the website.
3. Generate an API key by clicking on the ""Generate API Key"" button.
4. Copy the API key to your clipboard.
5. Open Airbyte and navigate to the ""Sources"" tab.
6. Click on the ""Add Source"" button and select ""Coin API"" from the list of available connectors.
7. Enter a name for your source and paste the API key you copied earlier into the ""API Key"" field.
8. Select the data you want to sync from Coin API by choosing the appropriate options from the dropdown menus.
9. Click on the ""Test"" button to ensure that your credentials are correct and that Airbyte can connect to Coin API.
10. If the test is successful, click on the ""Create"" button to save your source and start syncing data from Coin API."

Step 2: Set up AWS Datalake as a destination connector

1. Log in to your AWS account and navigate to the AWS Management Console.
2. Click on the S3 service and create a new bucket where you will store your data.
3. Create an IAM user with the necessary permissions to access the S3 bucket. Make sure to save the access key and secret key.
4. Open Airbyte and navigate to the Destinations tab.
5. Select the AWS Datalake destination connector and click on "Create new connection".
6. Enter a name for your connection and paste the access key and secret key you saved earlier.
7. Enter the name of the S3 bucket you created in step 2 and select the region where it is located.
8. Choose the format in which you want your data to be stored in the S3 bucket (e.g. CSV, JSON, Parquet).
9. Configure any additional settings, such as compression or encryption, if necessary.
10. Test the connection to make sure it is working properly.
11. Save the connection and start syncing your data to the AWS Datalake.

Step 3: Set up a connection to sync your Coin API data to AWS Datalake

Once you've successfully connected Coin API as a data source and AWS Datalake as a destination in Airbyte, you can set up a data pipeline between them with the following steps:

  1. Create a new connection: On the Airbyte dashboard, navigate to the 'Connections' tab and click the '+ New Connection' button.
  2. Choose your source: Select Coin API from the dropdown list of your configured sources.
  3. Select your destination: Choose AWS Datalake from the dropdown list of your configured destinations.
  4. Configure your sync: Define the frequency of your data syncs based on your business needs. Airbyte allows both manual and automatic scheduling for your data refreshes.
  5. Select the data to sync: Choose the specific Coin API objects you want to import data from towards AWS Datalake. You can sync all data or select specific tables and fields.
  6. Select the sync mode for your streams: Choose between full refreshes or incremental syncs (with deduplication if you want), and this for all streams or at the stream level. Incremental is only available for streams that have a primary cursor.
  7. Test your connection: Click the 'Test Connection' button to make sure that your setup works. If the connection test is successful, save your configuration.
  8. Start the sync: If the test passes, click 'Set Up Connection'. Airbyte will start moving data from Coin API to AWS Datalake according to your settings.

Remember, Airbyte keeps your data in sync at the frequency you determine, ensuring your AWS Datalake data warehouse is always up-to-date with your Coin API data.

Use Cases to transfer your Coin API data to AWS Datalake

Integrating data from Coin API to AWS Datalake provides several benefits. Here are a few use cases:

  1. Advanced Analytics: AWS Datalake’s powerful data processing capabilities enable you to perform complex queries and data analysis on your Coin API data, extracting insights that wouldn't be possible within Coin API alone.
  2. Data Consolidation: If you're using multiple other sources along with Coin API, syncing to AWS Datalake allows you to centralize your data for a holistic view of your operations, and to set up a change data capture process so you never have any discrepancies in your data again.
  3. Historical Data Analysis: Coin API has limits on historical data. Syncing data to AWS Datalake allows for long-term data retention and analysis of historical trends over time.
  4. Data Security and Compliance: AWS Datalake provides robust data security features. Syncing Coin API data to AWS Datalake ensures your data is secured and allows for advanced data governance and compliance management.
  5. Scalability: AWS Datalake can handle large volumes of data without affecting performance, providing an ideal solution for growing businesses with expanding Coin API data.
  6. Data Science and Machine Learning: By having Coin API data in AWS Datalake, you can apply machine learning models to your data for predictive analytics, customer segmentation, and more.
  7. Reporting and Visualization: While Coin API provides reporting tools, data visualization tools like Tableau, PowerBI, Looker (Google Data Studio) can connect to AWS Datalake, providing more advanced business intelligence options. If you have a Coin API table that needs to be converted to a AWS Datalake table, Airbyte can do that automatically.

Wrapping Up

To summarize, this tutorial has shown you how to:

  1. Configure a Coin API account as an Airbyte data source connector.
  2. Configure AWS Datalake as a data destination connector.
  3. Create an Airbyte data pipeline that will automatically be moving data directly from Coin API to AWS Datalake after you set a schedule

With Airbyte, creating data pipelines take minutes, and the data integration possibilities are endless. Airbyte supports the largest catalog of API tools, databases, and files, among other sources. Airbyte's connectors are open-source, so you can add any custom objects to the connector, or even build a new connector from scratch without any local dev environment or any data engineer within 10 minutes with the no-code connector builder.

We look forward to seeing you make use of it! We invite you to join the conversation on our community Slack Channel, or sign up for our newsletter. You should also check out other Airbyte tutorials, and Airbyte’s content hub!

What should you do next?

Hope you enjoyed the reading. Here are the 3 ways we can help you in your data journey:

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Easily address your data movement needs with Airbyte Cloud
Take the first step towards extensible data movement infrastructure that will give a ton of time back to your data team. 
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Talk to a data infrastructure expert
Get a free consultation with an Airbyte expert to significantly improve your data movement infrastructure. 
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Subscribe to our monthly newsletter and get the community’s new enlightening content along with Airbyte’s progress in their mission to solve data integration once and for all.
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Connectors Used

Tags

What should you do next?

Hope you enjoyed the reading. Here are the 3 ways we can help you in your data journey:

flag icon
Easily address your data movement needs with Airbyte Cloud
Take the first step towards extensible data movement infrastructure that will give a ton of time back to your data team. 
Get started with Airbyte for free
high five icon
Talk to a data infrastructure expert
Get a free consultation with an Airbyte expert to significantly improve your data movement infrastructure. 
Talk to sales
stars sparkling
Improve your data infrastructure knowledge
Subscribe to our monthly newsletter and get the community’s new enlightening content along with Airbyte’s progress in their mission to solve data integration once and for all.
Subscribe to newsletter

Connectors Used

Tags

Frequently Asked Questions

What data can you extract from Coin API?

Coin API's API provides access to a wide range of cryptocurrency data, including:  

1. Market data: This includes real-time and historical pricing data for various cryptocurrencies, as well as trading volume and market capitalization.  
2. Blockchain data: This includes information about transactions, blocks, and addresses on various blockchain networks.  
3. Exchange data: This includes data on trading pairs, order books, and trading history on various cryptocurrency exchanges.  
4. News data: This includes news articles and social media posts related to cryptocurrencies and blockchain technology.  
5. Wallet data: This includes information about cryptocurrency wallets, including balances, transaction history, and addresses.  
6. Analytics data: This includes various metrics and indicators used to analyze cryptocurrency markets, such as volatility, correlation, and sentiment.  
7. Historical data: This includes historical pricing, trading, and blockchain data for various cryptocurrencies.


Overall, Coin API's API provides a comprehensive set of data for anyone looking to build applications or conduct research related to cryptocurrencies and blockchain technology.

What data can you transfer to AWS Datalake?

You can transfer a wide variety of data to AWS Datalake. This usually includes structured, semi-structured, and unstructured data like transaction records, log files, JSON data, CSV files, and more, allowing robust, scalable data integration and analysis.

What are top ETL tools to transfer data from Coin API to AWS Datalake?

The most prominent ETL tools to transfer data from Coin API to AWS Datalake include:

  • Airbyte
  • Fivetran
  • Stitch
  • Matillion
  • Talend Data Integration

These tools help in extracting data from Coin API and various sources (APIs, databases, and more), transforming it efficiently, and loading it into AWS Datalake and other databases, data warehouses and data lakes, enhancing data management capabilities.