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How do I implement a WebSocket connection in Python for receiving cryptocurrency market data?

avatarDaniel SmółkaDec 15, 2021 · 3 years ago1 answers

I want to implement a WebSocket connection in Python to receive real-time market data for cryptocurrencies. How can I do this? Are there any specific libraries or frameworks that I should use? What steps do I need to follow to set up the WebSocket connection and start receiving the market data?

How do I implement a WebSocket connection in Python for receiving cryptocurrency market data?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    To implement a WebSocket connection in Python for receiving cryptocurrency market data, you can use the 'tornado' framework. Here's an example code snippet: import tornado.ioloop import tornado.websocket class WebSocketHandler(tornado.websocket.WebSocketHandler): def open(self): # Perform any necessary setup # Subscribe to the desired cryptocurrency market data channels def on_message(self, message): # Process the received message def on_close(self): # Handle the WebSocket connection close application = tornado.web.Application([(r'/websocket', WebSocketHandler)]) application.listen(8888) tornado.ioloop.IOLoop.current().start() This code sets up a WebSocket handler using the 'tornado' framework. You can define the necessary setup, message processing, and connection close handling logic in the respective methods of the WebSocketHandler class. The WebSocket connection can be accessed at 'ws://localhost:8888/websocket'. Make sure to replace 'localhost:8888' with the appropriate host and port for your application.