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

1 answers

• Apr 30, 2022 · 3 years ago
  When it comes to real-time cryptocurrency data, websockets have a clear advantage over REST APIs. Websockets provide a persistent connection that allows for instant updates without the need for constant polling. This means that you can receive real-time data without any delay, which is crucial in the fast-paced cryptocurrency market. Additionally, websockets support bidirectional communication, allowing the server to push data to the client in real-time. This ensures that you are always up to date with the latest market information. Moreover, websockets are more bandwidth-efficient compared to REST APIs, as they only transmit data when there are actual updates. This reduces network congestion and improves overall performance. In conclusion, websockets are the preferred choice for obtaining real-time cryptocurrency data due to their speed, efficiency, and reliability.
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