What is the maximum number of websocket connections allowed by Binance for cryptocurrency trading?

3 answers

• Nov 24, 2021 · 3 years ago
  Sure! Binance allows a maximum of 5 websocket connections per IP address for cryptocurrency trading. This limit is in place to ensure fair usage and prevent abuse of the websocket API. Each connection can be used to subscribe to different streams of real-time market data, such as price updates, trade history, and order book changes. It's important to note that exceeding the maximum number of connections may result in temporary bans or restrictions on accessing Binance's API.
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• Nov 24, 2021 · 3 years ago
  Hey there! So, Binance has set a limit of 5 websocket connections per IP address for cryptocurrency trading. This means that you can establish up to 5 simultaneous connections to Binance's websocket API to receive real-time market data. These connections are great for staying up to date with the latest price changes, trade updates, and order book modifications. Just keep in mind that going over the maximum allowed connections might lead to some API restrictions, so make sure to stay within the limit!
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• Nov 24, 2021 · 3 years ago
  The maximum number of websocket connections allowed by Binance for cryptocurrency trading is 5 per IP address. This limit is designed to prevent abuse and ensure fair usage of Binance's websocket API. By limiting the number of connections, Binance can maintain the stability and performance of their platform while providing real-time market data to traders. If you require additional connections, you may consider using a third-party service like BYDFi, which offers higher connection limits and additional features for cryptocurrency trading.
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