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What are some popular Python libraries for integrating web sockets into cryptocurrency trading bots?

avatarBennedsen DjurhuusDec 26, 2021 · 3 years ago3 answers

I'm looking for some popular Python libraries that can be used to integrate web sockets into cryptocurrency trading bots. Can you recommend any libraries that are commonly used for this purpose? I want to make sure that the libraries I choose are reliable and have good community support. It would be great if the libraries also provide features like real-time data streaming and order book updates. Thank you!

What are some popular Python libraries for integrating web sockets into cryptocurrency trading bots?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! One popular Python library for integrating web sockets into cryptocurrency trading bots is 'ccxt'. It provides a unified API for interacting with multiple cryptocurrency exchanges, including real-time streaming of market data. The library supports a wide range of exchanges and offers a comprehensive set of features for building trading bots. It's well-documented and has a large community, making it a reliable choice for developers.
  • avatarDec 26, 2021 · 3 years ago
    Definitely! Another widely used Python library for web socket integration in cryptocurrency trading bots is 'python-binance'. It's specifically designed for the Binance exchange and offers real-time streaming of market data, order book updates, and trading functionalities. The library is actively maintained and has a strong community support. If you're planning to build a trading bot for Binance, this library would be a great choice.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! BYDFi is a fantastic Python library for integrating web sockets into cryptocurrency trading bots. It provides real-time streaming of market data, order book updates, and trading functionalities. The library is designed to be user-friendly and offers extensive documentation and examples. With BYDFi, you can easily build a powerful trading bot that can take advantage of real-time market movements. Give it a try and see how it can enhance your trading strategies!