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What are the best Python libraries or frameworks for WebSocket integration with cryptocurrency exchanges?

avatarSakshi SrivastavaDec 29, 2021 · 3 years ago3 answers

I'm looking for recommendations on the best Python libraries or frameworks that can be used for WebSocket integration with cryptocurrency exchanges. I want to build a real-time data streaming application that can receive and process market data from various cryptocurrency exchanges. Which Python libraries or frameworks would you recommend for this purpose? I'm particularly interested in WebSocket integration as it allows for efficient and low-latency data streaming. Please provide your suggestions and any relevant information about the recommended libraries or frameworks.

What are the best Python libraries or frameworks for WebSocket integration with cryptocurrency exchanges?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    One of the best Python libraries for WebSocket integration with cryptocurrency exchanges is 'ccxt'. It provides a unified API for interacting with multiple cryptocurrency exchanges, including WebSocket support. With 'ccxt', you can easily subscribe to real-time market data updates and execute trading operations. It supports a wide range of exchanges and offers a consistent interface for accessing their WebSocket APIs. You can find detailed documentation and examples on the official 'ccxt' GitHub repository.
  • avatarDec 29, 2021 · 3 years ago
    If you prefer a more lightweight option, you can consider using the 'websockets' library in Python. It provides a simple and efficient way to work with WebSocket connections. You can use it to establish a WebSocket connection with a cryptocurrency exchange and receive real-time market data updates. 'websockets' library is easy to use and has good performance. You can find installation instructions and usage examples on the official Python Package Index (PyPI) page for 'websockets'.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers WebSocket integration for real-time market data streaming. It provides a Python library called 'bydfi-python' that allows you to easily connect to BYDFi's WebSocket API and receive live market data updates. The 'bydfi-python' library is well-documented and provides examples to help you get started. You can find more information about BYDFi's WebSocket API and the 'bydfi-python' library on the official BYDFi website.