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The Wonders of Web Scraping for Crypto Currency Tracking
A little over a decade ago, the first Bitcoin was mined, and since then the crypto world has exploded. With prices reaching new all-time highs regularly, it’s no wonder that people are interested in tracking cryptocurrency prices. And what better way to do that than with web scraping?
Web scraping is a process of extracting data from websites. It can be used to track cryptocurrency prices because it allows you to get data from multiple sources and then consolidate it into one place. Not only does this make it easy to track prices, but you can also get information on things like volume and market capitalization.
There are a few things you need to keep in mind when you’re web scraping for cryptocurrency data. First, you need to make sure that the site you’re scraping has an API (Application Programming Interface). This is what allows you to extract the data from the site. Second, you need to make sure that the data is in a format that can be easily converted into another format (like JSON or CSV). And finally, you need to make sure that you have permission from the site owner to scrape their data.