Best language for crypto trading

Statically-typed languages (see below) such as C++/Java are generally optimal for execution but there is a trade-off in development time, testing and ease of maintenance. Dynamically-typed languages, such as Python and Perl are now generally “fast enough” .

Python makes it easier to write and evaluate algo trading structures because of its functional programming approach . Python code can be easily extended to dynamic algorithms for trading. Python can be used to develop some great trading platforms whereas using C or C++ is a hassle and time-consuming job.

MATLAB— a proprietary language with many in built modules for finance and trading. So, to develop the strategies for algo trading, one needs to know Python or C# for a retail level trading, C++ for a high-frequency trading or JavaScript for a browser based trading .