What are the best practices for using trading APIs?
An example of an AI chatbot conversation about best practices for trading APIs.
What are the best practices for using trading APIs?
When using trading APIs, it's essential to ensure secure authentication, handle errors gracefully, and optimize for performance.
Can you explain secure authentication methods?
Sure! Common methods include OAuth, API keys, and JWT tokens. Each has its own use cases and security levels.
How do I handle errors effectively?
Implement retry logic, log errors for analysis, and provide user-friendly error messages to improve the user experience.
What performance optimizations should I consider?
Consider using WebSocket for real-time data, caching responses, and minimizing API calls to enhance performance.
Are there any specific libraries you recommend for trading APIs?
Yes, libraries like CCXT for cryptocurrency trading and Alpaca for stock trading are popular and well-documented.
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