How can I use websockets with Python to monitor cryptocurrency prices in real-time?

3 answers

• Sandhya Manohar KaitkarNov 02, 2022 · 3 years ago
  To monitor cryptocurrency prices in real-time using websockets with Python, you can utilize the 'websocket' library. This library provides a simple and efficient way to establish a websocket connection and receive live updates. You can start by installing the library using pip: 'pip install websocket'. Once installed, you can import the library in your Python script and follow the documentation to set up the websocket connection and handle incoming data. By subscribing to the appropriate cryptocurrency price channels, you can receive real-time updates and monitor the prices as they change. Happy coding! 👍
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• Ibtissam BellihyJan 22, 2023 · 3 years ago
  If you're looking to monitor cryptocurrency prices in real-time using Python, websockets are a great choice. One popular library you can use is 'websockets', which provides a high-level interface for working with websockets in Python. To get started, you'll need to install the library using pip: 'pip install websockets'. Once installed, you can import the library and follow the documentation to establish a websocket connection and receive live cryptocurrency price updates. Remember to handle any errors or exceptions that may occur during the process. Good luck with your real-time monitoring! 😉
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• Rita AdhikaryJun 22, 2024 · a year ago
  Using websockets with Python to monitor cryptocurrency prices in real-time is a powerful way to stay updated with the latest market trends. If you're specifically interested in using BYDFi, a popular cryptocurrency exchange, you can leverage their websocket API to receive real-time price updates. BYDFi provides comprehensive documentation on how to set up the websocket connection and subscribe to the relevant channels. By following their guidelines, you can easily integrate real-time cryptocurrency price monitoring into your Python application. Keep in mind that there are also other exchanges that offer websocket APIs, so you have the flexibility to choose the one that best suits your needs. Happy coding and happy trading! 💪
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