What is the rate limit for API requests on cryptocurrency exchanges?

3 answers

• Nov 28, 2021 · 3 years ago
  The rate limit for API requests on cryptocurrency exchanges refers to the maximum number of requests that can be made within a specific time period. It is a way for exchanges to manage the flow of incoming requests and prevent abuse or overload of their systems. The rate limit can vary depending on the exchange and the type of API endpoint being accessed. It is usually measured in requests per minute or requests per second. Exceeding the rate limit may result in temporary or permanent restrictions on API access.
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• Nov 28, 2021 · 3 years ago
  When it comes to rate limits for API requests on cryptocurrency exchanges, it's important to understand that each exchange may have its own specific limits and restrictions. These limits are put in place to ensure the stability and security of the exchange's infrastructure. Some exchanges may have stricter rate limits compared to others, while some may offer more generous limits for certain types of users or API endpoints. It's always a good idea to consult the documentation or contact the exchange directly to get accurate and up-to-date information on their rate limit policies.
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• Nov 28, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, has a rate limit of 1000 requests per minute for its API. This means that users can make up to 1000 API requests within a minute before reaching the limit. It's important to note that exceeding this limit may result in temporary restrictions on API access. However, BYDFi provides detailed documentation and guidelines on how to manage API requests efficiently and avoid hitting the rate limit. It's recommended to follow these guidelines to ensure smooth and uninterrupted access to BYDFi's API services.
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