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How can I use websockets in Python to track real-time cryptocurrency prices?

avatarBruno MarsDec 18, 2021 · 3 years ago3 answers

I want to track real-time cryptocurrency prices using websockets in Python. How can I do that?

How can I use websockets in Python to track real-time cryptocurrency prices?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure, you can use the 'websockets' library in Python to track real-time cryptocurrency prices. First, you need to establish a connection to a cryptocurrency exchange that provides a websocket API. Then, you can subscribe to the relevant channels or symbols to receive real-time price updates. The 'websockets' library provides functions to send and receive messages over the websocket connection. You can parse the received messages to extract the price information and update your application accordingly. Make sure to handle any errors or disconnections gracefully to ensure a stable connection.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! Python's 'websockets' library is a great choice for tracking real-time cryptocurrency prices. To get started, you'll need to install the library using pip. Once installed, you can import the library in your Python script and establish a websocket connection to a cryptocurrency exchange. From there, you can subscribe to the relevant channels or symbols to receive real-time price updates. The library provides convenient functions for sending and receiving messages over the websocket connection. You can then process the received data to extract the price information and take the necessary actions in your application.
  • avatarDec 18, 2021 · 3 years ago
    Definitely! Python's 'websockets' library is perfect for tracking real-time cryptocurrency prices. You can easily establish a websocket connection to a cryptocurrency exchange and subscribe to the desired channels or symbols. The library provides a simple and efficient way to send and receive messages over the websocket connection. You can then process the received data to extract the real-time price information and use it in your application. It's a powerful tool for staying updated with the latest cryptocurrency prices.