How long does the rate limit last for cryptocurrency transactions?

3 answers

• canounJul 26, 2021 · 4 years ago
  The duration of the rate limit for cryptocurrency transactions varies depending on the exchange or platform you are using. Some exchanges may impose a rate limit of a few seconds, while others may have longer durations, such as a few minutes or even hours. It is important to check the specific rate limit policy of the exchange you are using to ensure compliance and avoid any potential issues with your transactions.
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• Guido VaresanoJul 08, 2024 · a year ago
  The rate limit for cryptocurrency transactions typically lasts for a short period of time, usually a few seconds. This is to prevent spamming and ensure fair usage of the platform. However, the exact duration may vary depending on the exchange or platform you are using. It is recommended to refer to the documentation or support resources provided by the specific exchange to get accurate information about their rate limit policy.
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• Munish KumarJul 22, 2023 · 2 years ago
  At BYDFi, the rate limit for cryptocurrency transactions lasts for 60 seconds. This means that after making a transaction, you will need to wait for 60 seconds before being able to make another transaction. This rate limit is in place to prevent abuse and ensure a smooth trading experience for all users. It is important to note that the rate limit may vary for different exchanges, so it's always a good idea to check the specific policies of the exchange you are using.
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