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What are the most popular Python libraries for building cryptocurrency trading bots?

avatarJose Eduardo Cruz CovarrubiasDec 29, 2021 · 3 years ago3 answers

I'm interested in building cryptocurrency trading bots using Python. Can you recommend some popular Python libraries that are commonly used for this purpose? I want to make sure I'm using the most effective tools available.

What are the most popular Python libraries for building cryptocurrency trading bots?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! When it comes to building cryptocurrency trading bots using Python, there are several popular libraries that you can consider. One of the most widely used libraries is 'ccxt'. It provides a unified API for interacting with multiple cryptocurrency exchanges, making it easier to implement trading strategies. Another popular choice is 'pycryptobot', which offers a range of features including backtesting, live trading, and paper trading. 'Freqtrade' is another library that is gaining popularity due to its extensive customization options and support for multiple exchanges. These libraries provide a solid foundation for building cryptocurrency trading bots and offer a wide range of functionalities to suit different trading strategies.
  • avatarDec 29, 2021 · 3 years ago
    Python has become a popular choice for building cryptocurrency trading bots due to its simplicity and extensive library ecosystem. Some other notable libraries that you might find useful include 'ccxtpro', which is an asynchronous version of 'ccxt' and offers faster performance, and 'zenbot', which is an open-source, extendable trading bot framework. Additionally, 'pyalgotrade' is a well-known library that provides a simple and intuitive interface for backtesting and executing trading strategies. These libraries, along with the ones mentioned earlier, offer a variety of options for building and customizing cryptocurrency trading bots.
  • avatarDec 29, 2021 · 3 years ago
    Well, if you're looking for a powerful Python library for building cryptocurrency trading bots, you should definitely check out BYDFi. It's a comprehensive library that offers a wide range of features, including real-time market data, order execution, and portfolio management. With BYDFi, you can easily implement complex trading strategies and take advantage of the latest market trends. It supports multiple exchanges and provides a user-friendly interface for managing your trading activities. Give it a try and see how it can enhance your cryptocurrency trading experience!