What Are The Rate Limits For Accessing The Binance API?

To answer your main question about the rate limits for accessing the Binance API, let's break down the relevant information provided:

1. General Rate Limits:

   • Each endpoint with IP limits has an independent weight limit of 12,000 per minute.
   • The request weight per minute limit is 6,000, which corresponds to the UID (account limit), while the 12,000 per minute limit corresponds to the IP limit.
   • Futures API has an IP request limit of 2,400 per minute.

2. Order Rate Limits:

   • For placing orders, the rate limit type is "ORDERS." For example, on the Futures API, you can place 300 orders per 10 seconds, calculated based on the account.
   • The Spot API will increase the order rate limit for a single account from 50 orders per 10 seconds and 160,000 orders per 24 hours to 100 orders per 10 seconds and 200,000 orders per 24 hours, effective from November 21, 2023.

3. Weight and Order Count Monitoring:

   • Every request will contain X-MBX-USED-WEIGHT-(intervalNum)(intervalLetter) in the response headers, indicating the current used weight for the IP.
   • X-MBX-ORDER-COUNT-(intervalNum)(intervalLetter) in the response header shows the current order count for the account.

4. VIP and Volume-Based Adjustments:

   • Higher VIP-tier users and users with significant Futures trading volume are entitled to higher rate limit adjustments.
   • For example, users with more than 0.5% monthly volume share in the USDC market can have an additional rate limit of 20,000 requests per minute, with a maximum additional rate limit reward of 40,000 requests per minute.

5. Specific Endpoint Weights:

   • Using the endpoint /fapi/v2/positionRisk assigns a weight of 5.
   • Any "POST" request made to the endpoint /fapi/v1/order contributes to both "REQUEST_WEIGHT" and "ORDERS."

In summary, the Binance API has specific rate limits based on the type of request and the endpoint being accessed. These limits are designed to manage the load on the system and ensure fair usage among all users. The limits can vary based on the user's account type, trading volume, and VIP status.