What are the best practices for implementing rate limiting in cryptocurrency exchanges?

1 answers

• Shikhar AgrawalMar 28, 2024 · a year ago
  At BYDFi, we understand the importance of rate limiting in cryptocurrency exchanges. It helps us maintain a secure and fair trading environment for our users. By setting limits on the number of requests a user can make, we can prevent abusive behavior and ensure that all users have equal access to our platform. Our rate limiting mechanism is designed to protect our infrastructure from DDoS attacks, API abuse, and other malicious activities. We continuously monitor and adjust our rate limits to optimize performance and prevent any disruptions. Implementing rate limiting involves configuring server settings and API endpoints, and it's an essential practice for any cryptocurrency exchange that values security and fairness.
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