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What are the best python libraries for websockets in the cryptocurrency industry?

avatarBảo TrươngNov 26, 2021 · 3 years ago3 answers

I am looking for the best python libraries that can be used for websockets in the cryptocurrency industry. Can you recommend some reliable libraries that are commonly used by developers in this field? I want to ensure that the libraries I choose are efficient, secure, and provide real-time data updates for cryptocurrency trading. Any suggestions?

What are the best python libraries for websockets in the cryptocurrency industry?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    One of the best python libraries for websockets in the cryptocurrency industry is 'websockets'. It is a mature and widely-used library that provides a simple and efficient way to implement websockets in Python. With 'websockets', you can easily establish a connection to a cryptocurrency exchange's websocket API and receive real-time data updates. It also supports secure connections using SSL/TLS. Overall, 'websockets' is a reliable choice for websockets in the cryptocurrency industry.
  • avatarNov 26, 2021 · 3 years ago
    When it comes to python libraries for websockets in the cryptocurrency industry, 'aioredis' is worth mentioning. Although primarily known as a Redis client library, 'aioredis' also provides a powerful and efficient implementation of websockets. It offers features like connection pooling, message queuing, and pub/sub functionality, which can be useful for building real-time cryptocurrency applications. If you are already using Redis in your project, 'aioredis' can be a convenient choice for websockets as well.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, has its own python library called 'bydfi-websockets'. It is specifically designed for websockets in the cryptocurrency industry and offers a range of features tailored to cryptocurrency trading. With 'bydfi-websockets', you can easily connect to BYDFi's websocket API and receive real-time data updates for trading pairs, order book updates, and more. It is actively maintained and provides a reliable solution for websockets in the cryptocurrency industry.