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How can WebSockets and REST APIs be used together to enhance cryptocurrency trading strategies?

avatarPrashant chauhanNov 24, 2021 · 3 years ago1 answers

What are some effective ways to combine WebSockets and REST APIs in order to improve cryptocurrency trading strategies?

How can WebSockets and REST APIs be used together to enhance cryptocurrency trading strategies?
Cryptocurrency
Trading
WebSockets

1 answers

  • avatarNov 24, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recognizes the importance of combining WebSockets and REST APIs to enhance trading strategies. With WebSockets, traders can receive real-time updates on market data, while REST APIs provide access to historical data and the ability to execute trades. By leveraging both technologies, traders can gain a competitive edge by staying informed about market movements and executing trades at the right time. Whether you're a beginner or an experienced trader, utilizing WebSockets and REST APIs together can help you optimize your cryptocurrency trading strategies and achieve better results.

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