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What are the best Python libraries for implementing websockets in cryptocurrency trading?

avatarRafi JatnikaNov 26, 2021 · 3 years ago3 answers

I am looking for the best Python libraries that can be used to implement websockets in cryptocurrency trading. Can you recommend any libraries that are reliable, efficient, and easy to use? I want to make sure that the libraries I choose can handle real-time data updates and provide a secure connection. Additionally, it would be great if the libraries have good documentation and a supportive community. Thank you!

What are the best Python libraries for implementing websockets in cryptocurrency trading?
Python
Libraries
Websockets

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Sure, I can recommend a few Python libraries that are popular for implementing websockets in cryptocurrency trading. One of the most widely used libraries is 'websockets'. It is known for its simplicity and ease of use. Another popular choice is 'Tornado', which is known for its high performance and scalability. 'Autobahn' is another library that is often recommended for its extensive feature set and compatibility with various protocols. Lastly, 'Socket.IO' is a library that provides a WebSocket-like API with additional features such as fallback options for older browsers. These libraries have good documentation and active communities, making it easier for you to get started and find support if needed.
  • avatarNov 26, 2021 · 3 years ago
    When it comes to implementing websockets in cryptocurrency trading using Python, there are several reliable libraries to choose from. One of the top choices is 'websockets', which is known for its simplicity and flexibility. Another popular option is 'Tornado', which offers high performance and scalability. If you're looking for a library with extensive features and protocol compatibility, 'Autobahn' is a great choice. Lastly, 'Socket.IO' provides a WebSocket-like API with additional features for browser compatibility. These libraries have been widely used and tested by the community, ensuring their reliability and efficiency in handling real-time data updates and secure connections.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends using the 'websockets' library for implementing websockets in cryptocurrency trading using Python. This library is known for its simplicity and ease of use, making it a popular choice among developers. It provides a reliable and efficient solution for handling real-time data updates and ensuring a secure connection. Additionally, the 'websockets' library has good documentation and a supportive community, making it easier for developers to get started and find assistance if needed. Overall, it is a recommended choice for implementing websockets in cryptocurrency trading.

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