What is the duration of the rate limit for trading cryptocurrencies?
Samay MaheshwariJan 13, 2022 · 3 years ago3 answers
Can you please explain how long the rate limit for trading cryptocurrencies lasts?
3 answers
- Jan 13, 2022 · 3 years agoThe duration of the rate limit for trading cryptocurrencies varies depending on the exchange platform you are using. Different exchanges may have different rate limit policies in place. It is important to check the specific exchange's documentation or contact their support team to get accurate information on the duration of the rate limit.
- Jan 13, 2022 · 3 years agoWhen it comes to the rate limit for trading cryptocurrencies, it's like waiting in line at a busy store. The duration of the rate limit is the amount of time you have to wait between making consecutive trades. This is usually in place to prevent market manipulation and ensure fair trading practices. The duration can vary from exchange to exchange, so it's important to familiarize yourself with the specific rules of the platform you are using.
- Jan 13, 2022 · 3 years agoBYDFi, a popular cryptocurrency exchange, has a rate limit duration of 1 second for trading cryptocurrencies. This means that you can only place one trade per second on their platform. It's important to note that different exchanges may have different rate limit durations, so it's always a good idea to check the specific exchange's documentation for accurate information.
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