How can I use Python and WebSocket to monitor real-time cryptocurrency prices?

3 answers

• Apr 30, 2022 · 3 years ago
  Sure, monitoring real-time cryptocurrency prices using Python and WebSocket is definitely possible. One popular library you can use is `websocket-client`, which provides a simple way to connect to a WebSocket server. You can also use APIs provided by cryptocurrency exchanges to get real-time price data. The steps involved include setting up a WebSocket connection, subscribing to the desired cryptocurrency pairs, and handling the incoming data to extract the price information. You can find detailed examples and tutorials online to help you get started.
  557

  279
• Apr 30, 2022 · 3 years ago
  Absolutely! Python and WebSocket are a great combination for monitoring real-time cryptocurrency prices. To get started, you can use the `websockets` library in Python, which provides a high-level interface for working with WebSocket connections. Additionally, you can explore the APIs provided by popular cryptocurrency exchanges like Binance or Coinbase to fetch real-time price data. By combining these tools, you can easily build a script that continuously fetches and displays the latest cryptocurrency prices.
  515

  172
• Apr 30, 2022 · 3 years ago
  Definitely! Python and WebSocket are widely used for monitoring real-time cryptocurrency prices. One approach is to use the `websockets` library in Python, which allows you to establish a WebSocket connection and receive real-time updates from a cryptocurrency exchange. Another option is to leverage the APIs provided by cryptocurrency exchanges, such as Binance, to fetch real-time price data. With the right tools and a bit of coding, you can create a program that tracks cryptocurrency prices in real-time and performs actions based on certain conditions. Happy coding!
  573

  144