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How does rest over websocket improve the trading experience in the world of digital currencies?

avatarRosana PereiraDec 17, 2021 · 3 years ago3 answers

What are the benefits of using rest over websocket for trading digital currencies?

How does rest over websocket improve the trading experience in the world of digital currencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Using rest over websocket for trading digital currencies offers several benefits. Firstly, it provides real-time data updates, allowing traders to make faster and more informed decisions. Secondly, it reduces latency and improves the speed of order execution, ensuring that trades are executed promptly. Additionally, rest over websocket allows for more efficient bandwidth usage, as it only sends data when there are updates, reducing unnecessary network traffic. Overall, rest over websocket enhances the trading experience by providing faster and more reliable data updates, improving order execution speed, and optimizing network usage.
  • avatarDec 17, 2021 · 3 years ago
    Rest over websocket is a game-changer in the world of digital currency trading. It revolutionizes the way traders receive data and execute trades. With rest over websocket, traders can enjoy real-time updates on market prices, order book changes, and trade executions. This means that traders can react quickly to market movements and take advantage of profitable opportunities. Rest over websocket also improves the reliability of data transmission, ensuring that traders receive accurate and up-to-date information. In summary, rest over websocket greatly enhances the trading experience by providing real-time updates, faster execution, and more reliable data transmission.
  • avatarDec 17, 2021 · 3 years ago
    Rest over websocket is a powerful tool that significantly improves the trading experience in the world of digital currencies. With rest over websocket, traders can access real-time market data, including price updates, order book changes, and trade executions. This allows traders to make more informed decisions and react quickly to market movements. Rest over websocket also enables faster order execution, reducing the risk of slippage and ensuring that trades are executed at the desired price. Furthermore, rest over websocket optimizes bandwidth usage by only sending data when there are updates, resulting in faster and more efficient data transmission. Overall, rest over websocket enhances the trading experience by providing real-time data, faster execution, and efficient data transmission.