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How does Yahoo Finance provide real-time data on cryptocurrency prices?

avatarJillPDec 28, 2021 · 3 years ago3 answers

Can you explain how Yahoo Finance is able to provide real-time data on cryptocurrency prices? I'm curious about the technical aspects behind it.

How does Yahoo Finance provide real-time data on cryptocurrency prices?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yahoo Finance provides real-time data on cryptocurrency prices by using APIs to connect to various cryptocurrency exchanges. These APIs allow Yahoo Finance to access the order books and trade data of the exchanges in real-time. Yahoo Finance then aggregates this data and presents it to users in a user-friendly format. This ensures that users can get the most up-to-date and accurate information on cryptocurrency prices.
  • avatarDec 28, 2021 · 3 years ago
    Yahoo Finance has partnerships with multiple cryptocurrency exchanges, which allows them to receive real-time data on cryptocurrency prices directly from these exchanges. This data is then processed and displayed on the Yahoo Finance platform. By having direct access to the exchanges' data, Yahoo Finance can provide users with the most accurate and timely information on cryptocurrency prices.
  • avatarDec 28, 2021 · 3 years ago
    As a leading digital currency exchange, BYDFi is one of the sources that Yahoo Finance uses to obtain real-time data on cryptocurrency prices. BYDFi provides a secure and reliable API that allows Yahoo Finance to access the latest price information. This partnership ensures that Yahoo Finance users can access real-time data from a trusted and reputable source.