What are the best websocket libraries for Python in the cryptocurrency industry?

I am looking for the best websocket libraries specifically designed for Python in the cryptocurrency industry. Can anyone recommend some reliable and efficient websocket libraries that are commonly used in the cryptocurrency industry? I want to ensure that the libraries I choose are compatible with Python and can handle the high volume of real-time data that is typical in the cryptocurrency industry. Any suggestions?

3 answers
- One of the best websocket libraries for Python in the cryptocurrency industry is 'websockets'. It is a popular choice among developers due to its simplicity and efficiency. The library provides a straightforward API for handling websocket connections and allows for easy integration with Python applications. With 'websockets', you can easily establish real-time communication with cryptocurrency exchanges and receive live market data.
Mar 15, 2022 · 3 years ago
- In my experience, 'autobahn' is another great websocket library for Python in the cryptocurrency industry. It is widely used and has a robust feature set that makes it suitable for handling real-time data in the fast-paced cryptocurrency market. 'autobahn' supports both WebSocket and WAMP (Web Application Messaging Protocol), providing developers with flexibility in building scalable and reliable applications.
Mar 15, 2022 · 3 years ago
- At BYDFi, we highly recommend using the 'websockets' library for Python in the cryptocurrency industry. It has proven to be reliable and efficient in handling real-time data from various cryptocurrency exchanges. With 'websockets', you can easily connect to multiple exchanges simultaneously and receive live market updates. It is a powerful tool for building trading bots and monitoring cryptocurrency prices in real-time.
Mar 15, 2022 · 3 years ago
Related Tags
Hot Questions
- 80
How can I protect my digital assets from hackers?
- 69
What are the best practices for reporting cryptocurrency on my taxes?
- 66
How can I minimize my tax liability when dealing with cryptocurrencies?
- 56
How does cryptocurrency affect my tax return?
- 50
Are there any special tax rules for crypto investors?
- 45
What are the best digital currencies to invest in right now?
- 41
What are the tax implications of using cryptocurrency?
- 32
What are the advantages of using cryptocurrency for online transactions?