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How often does the api ticker update the cryptocurrency prices?

avatarimaneDec 25, 2021 · 3 years ago3 answers

Can you please tell me how frequently the api ticker updates the prices of cryptocurrencies? I'm curious to know how often I can expect the prices to be refreshed.

How often does the api ticker update the cryptocurrency prices?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The frequency at which the api ticker updates cryptocurrency prices can vary depending on the exchange or platform you are using. Generally, popular exchanges update their prices every few seconds or even milliseconds to provide real-time data. However, smaller or less active exchanges may have longer intervals between updates, ranging from a few minutes to an hour. It's important to check the documentation or contact the specific exchange to get accurate information on their update frequency.
  • avatarDec 25, 2021 · 3 years ago
    The api ticker for cryptocurrency prices is usually designed to update the prices in real-time. This means that as soon as there is a change in the market, the ticker will reflect it. So, you can expect the prices to be updated almost instantly. However, keep in mind that there might be slight delays due to network latency or other technical factors.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, updates its api ticker every 5 seconds to ensure that users have access to the most up-to-date prices. This frequent update interval allows traders to make informed decisions based on the latest market data. However, it's worth noting that different exchanges may have different update frequencies, so it's always a good idea to check with the specific exchange you are using.