What are the advantages of using websockets for real-time cryptocurrency data?

3 answers

• May 01, 2022 · 3 years ago
  Websockets provide a more efficient and reliable way to receive real-time cryptocurrency data compared to traditional methods. With websockets, data is pushed to the client as soon as it becomes available, eliminating the need for constant polling. This results in faster and more accurate data updates, allowing traders to make informed decisions in a timely manner.
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• May 01, 2022 · 3 years ago
  Using websockets for real-time cryptocurrency data offers several advantages. Firstly, it allows for instant updates, ensuring that traders have access to the most up-to-date information. Secondly, websockets provide a more lightweight and efficient solution compared to other protocols, reducing bandwidth usage and server load. Lastly, websockets enable real-time communication between the server and client, facilitating seamless and interactive trading experiences.
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• May 01, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recognizes the importance of websockets for real-time data in the crypto market. By utilizing websockets, BYDFi ensures that its users have access to accurate and timely information, empowering them to make informed trading decisions. With websockets, BYDFi delivers real-time updates on prices, order book changes, and other relevant data, providing a seamless trading experience for its users.
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