How can WebSockets and REST APIs be used together to enhance cryptocurrency trading strategies?

What are some effective ways to combine WebSockets and REST APIs in order to improve cryptocurrency trading strategies?

1 answers
- BYDFi, a leading cryptocurrency exchange, recognizes the importance of combining WebSockets and REST APIs to enhance trading strategies. With WebSockets, traders can receive real-time updates on market data, while REST APIs provide access to historical data and the ability to execute trades. By leveraging both technologies, traders can gain a competitive edge by staying informed about market movements and executing trades at the right time. Whether you're a beginner or an experienced trader, utilizing WebSockets and REST APIs together can help you optimize your cryptocurrency trading strategies and achieve better results.
Mar 23, 2022 · 3 years ago
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