What is the limit on the number of websocket connections allowed by Binance for trading cryptocurrencies?

3 answers

• Dec 28, 2021 · 3 years ago
  The limit on the number of websocket connections allowed by Binance for trading cryptocurrencies is 5 connections per IP address. This limit is in place to ensure fair usage of resources and prevent abuse. It is important to note that this limit applies to both public and private websocket connections. Traders should be mindful of this limit when developing trading strategies that rely heavily on websocket connections.
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• Dec 28, 2021 · 3 years ago
  Hey there! So, Binance allows a maximum of 5 websocket connections per IP address for trading cryptocurrencies. This limit is set to maintain a fair trading environment and prevent any potential abuse of resources. Whether you're using public or private websocket connections, this limit applies to both. Keep this in mind when designing your trading strategies to ensure you stay within the allowed limit. Happy trading!
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• Dec 28, 2021 · 3 years ago
  The limit on the number of websocket connections allowed by Binance for trading cryptocurrencies is 5 connections per IP address. This limit is in place to prevent any potential misuse of resources and ensure a level playing field for all traders. It's important to note that this limit applies to both public and private websocket connections. So, if you're planning to use multiple websocket connections for your trading activities, make sure you stay within this limit to avoid any issues with your account. If you have any further questions, feel free to ask!
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