Which python websockets library is recommended for building a cryptocurrency trading bot?

3 answers

• Dec 17, 2021 · 3 years ago
  One recommended python websockets library for building a cryptocurrency trading bot is 'websockets'. It is a popular library that provides a simple and efficient API for WebSocket communication. With 'websockets', you can easily establish a connection to a cryptocurrency exchange's WebSocket API and receive real-time market data updates. It also supports secure connections using TLS/SSL encryption, ensuring the safety of your trading activities.
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• Dec 17, 2021 · 3 years ago
  If you're looking for a more lightweight option, you can consider using 'aiowebsocket'. It is an asynchronous WebSocket library for Python that is designed to be fast and efficient. 'aiowebsocket' allows you to handle multiple WebSocket connections concurrently, making it suitable for building high-performance cryptocurrency trading bots.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, recommends using the 'cryptowatch-client' library for building cryptocurrency trading bots. It is a Python client library for the Cryptowatch API, which provides access to real-time market data from various cryptocurrency exchanges. The 'cryptowatch-client' library supports WebSocket connections and offers a convenient interface for retrieving and analyzing market data for trading purposes.
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