What are the consequences of exceeding the rate limit on GDAX?
coding_tacticalDec 27, 2021 · 3 years ago3 answers
What happens if I exceed the rate limit on GDAX?
3 answers
- Dec 27, 2021 · 3 years agoIf you exceed the rate limit on GDAX, your API requests may be throttled or rejected. This is done to ensure fair usage and prevent abuse of the GDAX API. Throttling means that your requests will be delayed and processed at a slower rate than normal. Rejection means that your requests will be completely denied and you will not receive any response. It's important to stay within the rate limits to avoid disruptions in your API usage.
- Dec 27, 2021 · 3 years agoExceeding the rate limit on GDAX can have negative consequences for your trading activities. Your API requests may not be processed in a timely manner, leading to delays in executing trades or retrieving market data. This can result in missed trading opportunities or inaccurate information. It's crucial to monitor your API usage and ensure that you stay within the specified rate limits to maintain smooth and efficient trading on GDAX.
- Dec 27, 2021 · 3 years agoWhen you exceed the rate limit on GDAX, you may receive a 429 HTTP status code in response to your API requests. This indicates that you have reached the rate limit and your requests are being throttled. The response will also include a Retry-After header, which specifies the amount of time you need to wait before making another request. It's important to respect the rate limits to avoid disruptions in your API usage and maintain a good relationship with the GDAX platform.
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