How do stock quote websites handle real-time updates for cryptocurrency prices?

3 answers

• Dec 26, 2021 · 3 years ago
  Stock quote websites handle real-time updates for cryptocurrency prices by using APIs provided by cryptocurrency exchanges. These APIs allow the websites to fetch the latest price data directly from the exchanges and display it on their platforms. The websites typically use WebSocket technology to establish a real-time connection with the exchanges, enabling them to receive instant updates whenever there is a price change. This ensures that the displayed prices are always up-to-date and accurate.
  501251
• Dec 26, 2021 · 3 years ago
  Stock quote websites rely on data feeds from cryptocurrency exchanges to handle real-time updates for cryptocurrency prices. These data feeds provide the websites with the latest price information, which is then processed and displayed on their platforms. The websites often use caching mechanisms to store the fetched data temporarily, reducing the load on the exchanges' servers and improving the overall performance of the websites. Additionally, some websites may implement rate limiting or request throttling to ensure a fair usage of the exchanges' APIs and prevent abuse.
  578193
• Dec 26, 2021 · 3 years ago
  As a representative of BYDFi, I can say that stock quote websites like ours handle real-time updates for cryptocurrency prices by leveraging a combination of APIs, data feeds, and advanced caching mechanisms. We have established partnerships with multiple cryptocurrency exchanges to access their APIs and receive real-time price updates. Our platform is designed to handle a large volume of data and provide users with accurate and up-to-date cryptocurrency prices. We also implement strict security measures to protect the integrity of the data and ensure a seamless user experience.
  585147