What are the most popular programming languages for building trading bots in the crypto industry?

3 answers

• Dec 25, 2021 · 3 years ago
  Python is one of the most popular programming languages for building trading bots in the crypto industry. Its simplicity and extensive libraries make it a preferred choice for many developers. With Python, you can easily access and analyze market data, execute trades, and implement various trading strategies. However, Python may not be the most performant option for high-frequency trading due to its interpreted nature. Nonetheless, it remains a versatile and widely-used language in the crypto trading bot community.
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• Dec 25, 2021 · 3 years ago
  Java is another popular programming language for building trading bots in the crypto industry. It offers strong performance and scalability, making it suitable for handling large amounts of data and executing complex trading algorithms. Java's object-oriented nature and extensive ecosystem of libraries and frameworks provide developers with a solid foundation for building robust and efficient trading bots. However, Java may have a steeper learning curve compared to other languages, which could be a challenge for beginners.
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• Dec 25, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using JavaScript for building trading bots in the crypto industry. JavaScript is a versatile language that can be used both on the frontend and backend. It offers a wide range of libraries and frameworks, such as Node.js, which enable developers to easily access market data, interact with exchanges, and execute trades. JavaScript's popularity and active community also make it a suitable choice for beginners who want to dive into crypto trading bot development. However, it's worth noting that JavaScript may not be the best option for high-frequency trading due to its single-threaded nature.
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