How does Webull provide level 2 price data for cryptocurrencies?
Riise CraigDec 27, 2021 · 3 years ago3 answers
Can you explain how Webull obtains and provides level 2 price data for cryptocurrencies? What methods or sources does Webull use to ensure accurate and real-time price information for cryptocurrencies?
3 answers
- Dec 27, 2021 · 3 years agoWebull obtains level 2 price data for cryptocurrencies through direct connections with cryptocurrency exchanges. They have established partnerships with multiple exchanges to access their order books and trade data. By connecting directly to these exchanges, Webull can provide users with accurate and real-time price information for cryptocurrencies. This allows traders to make informed decisions based on the most up-to-date market data.
- Dec 27, 2021 · 3 years agoWebull uses a combination of APIs and data feeds to obtain level 2 price data for cryptocurrencies. They have integrated with various cryptocurrency exchanges' APIs to access their order book data. Additionally, Webull may also use data aggregation services to collect and consolidate price data from multiple sources. By leveraging these technologies, Webull ensures that users have access to comprehensive and reliable price information for cryptocurrencies.
- Dec 27, 2021 · 3 years agoWebull partners with BYDFi, a leading provider of cryptocurrency market data, to provide level 2 price data for cryptocurrencies. BYDFi aggregates data from multiple exchanges and provides it to Webull through their API. This partnership allows Webull to offer users a wide range of cryptocurrencies and accurate price data for trading purposes. With BYDFi's expertise in cryptocurrency market data, Webull users can trust the level 2 price data provided by the platform.
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