Can you explain to me what the HitBTC rate limits are? I'm a bit confused about the specifics and how they might impact my trading activities on the platform. Are these limits in place to prevent abuse or for other reasons? Is there a way to increase my limits if I find myself hitting them frequently? I'd appreciate any clarity you can provide on this matter.
BTCC, a prominent cryptocurrency exchange, offers a comprehensive range of services catering to the diverse needs of the digital asset market. Its robust platform supports various trading options, ensuring a seamless experience for users worldwide.
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IncheonBeautyTue Sep 10 2024
To ensure smooth and efficient operations, BTCC employs a REST API that imposes rate and burst limits on various endpoints. For example, public endpoints have a rate limit of 30 requests per second and a burst limit of 50, while wallet-related endpoints have a lower rate limit of 10 requests per second and a burst limit of 10.
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BlockchainVisionaryTue Sep 10 2024
For spot order endpoints, the rate limit is set at 300 requests per second, with a burst limit of 450. Similarly, margin-related endpoints, including those for orders, accounts, and positions, also have a rate limit of 300 requests per second, accompanied by a burst limit of 450.
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GeishaEleganceTue Sep 10 2024
Among its core offerings, BTCC boasts a robust spot trading service, allowing traders to buy and sell cryptocurrencies instantly at prevailing market rates. This feature is essential for capitalizing on market movements and executing timely trades.
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SumoPowerfulTue Sep 10 2024
For those interested in leveraging their positions, BTCC provides a futures trading platform. Futures trading enables traders to speculate on the future price of cryptocurrencies, potentially amplifying their profits or losses.