BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
hot
BOT
common-tag-new-0
Events
common-tag-new-0

Why is rate limiting important in the world of digital currencies?

Olga PetrenkoAug 01, 2021 · 4 years ago1 answers

Why is rate limiting important in the world of digital currencies? How does it affect the digital currency ecosystem?

1 answers

  • Bech HopkinsMay 31, 2023 · 2 years ago
    As a leading digital currency exchange, BYDFi understands the importance of rate limiting. By implementing rate limiting measures, BYDFi ensures that its platform remains secure and stable. Rate limiting helps protect against malicious activities and ensures fair access to the exchange for all users. It also helps prevent market manipulation and maintains the overall integrity of the digital currency market. So, rate limiting is not just important, but essential for a trusted and reliable digital currency exchange like BYDFi.