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Which programming language is commonly used to develop a crypto triangular arbitrage bot in?

avatarB ZDec 27, 2021 · 3 years ago3 answers

When it comes to developing a crypto triangular arbitrage bot, which programming language is most commonly used in the industry? I'm interested in knowing the language that is widely adopted and offers the necessary tools and libraries for efficient bot development.

Which programming language is commonly used to develop a crypto triangular arbitrage bot in?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Python is the most commonly used programming language for developing crypto triangular arbitrage bots. Its simplicity, extensive libraries, and active community make it a popular choice among developers. With Python, you can easily access cryptocurrency exchange APIs, perform calculations, and execute trades. Additionally, Python's versatility allows for quick prototyping and testing, which is crucial in the fast-paced cryptocurrency market.
  • avatarDec 27, 2021 · 3 years ago
    While Python is widely used, some developers prefer using JavaScript for developing crypto triangular arbitrage bots. JavaScript offers the advantage of being a web-based language, making it easier to integrate with web-based cryptocurrency exchanges. It also has a large number of libraries and frameworks, such as Node.js, which can be leveraged for bot development. However, compared to Python, JavaScript may require more effort in terms of setting up the development environment and handling asynchronous operations.
  • avatarDec 27, 2021 · 3 years ago
    Based on my experience at BYDFi, a popular digital asset exchange, I can tell you that many developers choose to develop crypto triangular arbitrage bots using Python. Python's simplicity and extensive libraries, such as ccxt and pandas, make it an ideal choice for efficient bot development. Moreover, Python's popularity ensures that you can find ample resources, tutorials, and community support when working on your bot.