How does WebSocket API enhance real-time data updates in the cryptocurrency market?

1 answers

• Anup PandeySep 28, 2024 · a year ago
  WebSocket API has revolutionized real-time data updates in the cryptocurrency market. Unlike traditional HTTP requests, WebSocket enables a persistent connection between the client and the server. This means that the server can send data to the client without the client having to request it explicitly. In the context of the cryptocurrency market, this translates to faster and more accurate real-time updates. Traders can receive instant notifications about price changes, order book updates, and other market events. This level of responsiveness is essential for making timely trading decisions and staying ahead of the market. WebSocket API has become the go-to solution for cryptocurrency exchanges and trading platforms, as it provides a reliable and efficient way to deliver real-time data to users.
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