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How can WebSockets and REST APIs be used together to enhance cryptocurrency trading strategies?

AvoApr 30, 2022 · 3 years ago1 answers

What are some effective ways to combine WebSockets and REST APIs in order to improve cryptocurrency trading strategies?

1 answers

  • Apr 30, 2022 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recognizes the importance of combining WebSockets and REST APIs to enhance trading strategies. With WebSockets, traders can receive real-time updates on market data, while REST APIs provide access to historical data and the ability to execute trades. By leveraging both technologies, traders can gain a competitive edge by staying informed about market movements and executing trades at the right time. Whether you're a beginner or an experienced trader, utilizing WebSockets and REST APIs together can help you optimize your cryptocurrency trading strategies and achieve better results.