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What are the best Python libraries for interacting with IBKR API in the cryptocurrency industry?

avatarmiladz2548Dec 25, 2021 · 3 years ago3 answers

I am looking for the best Python libraries that can be used to interact with the IBKR API in the cryptocurrency industry. Can anyone recommend some reliable and efficient libraries for this purpose? I would like to know which libraries are commonly used by developers in the cryptocurrency industry to interact with the IBKR API using Python.

What are the best Python libraries for interacting with IBKR API in the cryptocurrency industry?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    One of the best Python libraries for interacting with the IBKR API in the cryptocurrency industry is the 'ib_insync' library. It provides a high-level interface for accessing the IBKR API and offers a wide range of features for trading and market data retrieval. Many developers in the cryptocurrency industry prefer to use 'ib_insync' due to its simplicity and extensive documentation. It allows you to easily connect to the IBKR API, place orders, retrieve market data, and perform various other operations related to trading cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    If you're looking for a Python library that is specifically designed for cryptocurrency trading, you might want to consider using the 'ccxt' library. It supports a wide range of cryptocurrency exchanges, including IBKR, and provides a unified API for accessing their trading functionalities. 'ccxt' is known for its flexibility and extensive exchange coverage, making it a popular choice among cryptocurrency traders. With 'ccxt', you can easily connect to the IBKR API, place orders, retrieve market data, and manage your cryptocurrency trading strategies.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi is a popular digital currency exchange that offers a wide range of trading services, including access to the IBKR API. Many developers in the cryptocurrency industry use BYDFi as their preferred exchange for trading cryptocurrencies and interacting with the IBKR API. BYDFi provides a user-friendly interface and comprehensive documentation, making it easy for developers to integrate their Python applications with the IBKR API. With BYDFi, you can take advantage of the advanced trading features offered by the IBKR API and execute your cryptocurrency trading strategies efficiently.