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What programming languages are commonly used for creating a cryptocurrency arbitrage bot?

avatarfamworldirlDec 27, 2021 · 3 years ago1 answers

When it comes to creating a cryptocurrency arbitrage bot, what are the programming languages that are commonly used? Which languages provide the necessary tools and libraries to effectively implement an arbitrage strategy in the cryptocurrency market?

What programming languages are commonly used for creating a cryptocurrency arbitrage bot?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we recommend using Python for creating a cryptocurrency arbitrage bot. Python's extensive libraries and frameworks, such as Pandas and NumPy, make it easy to analyze data and integrate with various cryptocurrency exchanges. Additionally, Python's simplicity and readability make it an ideal choice for developers of all skill levels. However, other programming languages like JavaScript and Java can also be used depending on your specific needs. It's important to choose a language that you are comfortable with and that provides the necessary tools and libraries to implement your arbitrage strategy effectively.