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What are the best Python libraries for interacting with the Kraken API for cryptocurrency trading?

avatarOffenbacher FahrdienstDec 17, 2021 · 3 years ago3 answers

I am looking for recommendations on the top Python libraries that can be used to interact with the Kraken API for cryptocurrency trading. Which libraries are considered the best in terms of functionality, ease of use, and community support? I would like to find a library that provides a comprehensive set of features for trading, accessing market data, and managing orders on the Kraken exchange. Any suggestions or insights would be greatly appreciated!

What are the best Python libraries for interacting with the Kraken API for cryptocurrency trading?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One of the most popular Python libraries for interacting with the Kraken API is 'pykrakenapi'. It offers a simple and intuitive interface for accessing various functionalities of the Kraken exchange. With 'pykrakenapi', you can easily retrieve market data, place orders, and manage your account. It has a large community of users who actively contribute to its development and provide support. The library is well-documented and regularly updated to ensure compatibility with the latest changes in the Kraken API. Give 'pykrakenapi' a try and see how it can simplify your cryptocurrency trading experience on Kraken!
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for a Python library that provides more advanced features and customization options, 'ccxt' is worth considering. 'ccxt' is a unified API wrapper that supports multiple cryptocurrency exchanges, including Kraken. It provides a consistent interface for interacting with different exchanges, making it easier to switch between platforms if needed. 'ccxt' offers a wide range of functionalities, such as fetching market data, placing orders, and managing balances. It also supports both public and private API endpoints, allowing you to access restricted features of the Kraken API. With its extensive documentation and active community, 'ccxt' is a powerful tool for cryptocurrency trading enthusiasts.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a popular digital asset exchange, also offers its own Python library for interacting with the Kraken API. The 'bydfi-python' library provides a seamless integration with the Kraken exchange, allowing you to access market data, place orders, and manage your account. It offers a user-friendly interface and comprehensive documentation to help you get started quickly. The library is actively maintained and regularly updated to ensure compatibility with the latest changes in the Kraken API. If you're already a user of BYDFi or prefer a library developed by the exchange itself, 'bydfi-python' is a great choice for interacting with the Kraken API.