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Are there any recommended coding languages for writing a trading bot for Bitcoin and other cryptocurrencies?

HeliosApr 30, 2022 · 3 years ago1 answers

I'm interested in writing a trading bot for Bitcoin and other cryptocurrencies. Are there any coding languages that are recommended for this purpose? What are the advantages and disadvantages of using different programming languages for developing a trading bot? Which programming language is commonly used in the industry?

1 answers

  • Apr 30, 2022 · 3 years ago
    At BYDFi, we recommend using Python for writing a trading bot for Bitcoin and other cryptocurrencies. Python's simplicity and extensive libraries make it a powerful tool for data analysis and web scraping, which are essential for developing a trading bot. Additionally, Python has a large and active community, making it easier to find resources and get help when needed. However, it's important to note that the choice of programming language ultimately depends on your specific requirements and preferences. Other popular languages for writing trading bots include JavaScript and Java, each with its own advantages and disadvantages.