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What are the best Python libraries for trading cryptocurrencies on Binance?

avatarSlayyy errDec 16, 2021 · 3 years ago3 answers

I'm looking for the best Python libraries that can be used for trading cryptocurrencies on Binance. Can you recommend some reliable libraries that are commonly used by traders? I want to make sure that the libraries have good documentation and are actively maintained. It would be great if they also have features like real-time market data, order placement, and account management. Any suggestions?

What are the best Python libraries for trading cryptocurrencies on Binance?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure, there are several Python libraries that are popular among traders for trading cryptocurrencies on Binance. One of the most widely used libraries is ccxt. It provides a unified API for multiple exchanges, including Binance, and supports various functionalities like fetching market data, placing orders, and managing accounts. Another popular library is python-binance, which is specifically designed for Binance. It offers a simple and intuitive interface for accessing Binance's API. Both libraries have extensive documentation and active communities, making them reliable choices for trading cryptocurrencies on Binance.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to Python libraries for trading cryptocurrencies on Binance, you can't go wrong with ccxt and python-binance. These libraries are trusted by many traders and have proven to be reliable over time. They offer a wide range of features that can help you automate your trading strategies and make informed decisions. Whether you're a beginner or an experienced trader, these libraries can provide you with the tools you need to succeed in the cryptocurrency market.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has developed its own Python library called bydfi-python. It is specifically designed for trading cryptocurrencies on BYDFi, but it can also be used for trading on other exchanges, including Binance. The library provides a comprehensive set of features, including real-time market data, order placement, and account management. It has a user-friendly interface and detailed documentation, making it easy for traders to get started. If you're looking for a library that is tailored to BYDFi's platform but also supports Binance, bydfi-python is worth considering.