Ethereum: Bitfinex API BRAIN LIMIT
As a popular exchange of cryptocurrencies, Bitfinex allows users to use their API interfaces for various purposes, such as automation of commercial strategies or integration with other applications. However, it seems that the platform has recently imposed the API 60 demands per minute on the API Ethereum (ETH) end point.
Why is there an API limit?
The reason for this API limit can be associated with various factors, but for now we will examine several possibilities:
- A single IP address : The most likely explanation is that the API limit limits all demands from the same IP address from one account. This is done to prevent abuse and make sure that each user’s demands are served efficiently.
- speed of use : Although it is not clearly defined, it is possible that the API limit is aimed at preventing excessive use, especially if there is an extremely large amount of demands in a short period.
Can I have more IPS related to one account?
Unfortunately, for now the answer is “no”. The current API interface limit is set to the IP address, not to the user’s account. If you are trying to connect many accounts from the same IP address, you need to create separate accounts at Bitfinex or use a proxy service that allows simultaneous demands from various IP addresses.
How can I get around this limitation?
To maximize the use of the API Ethereum interface, consider these alternatives:
- Use many accounts : Create separate accounts for different users and use them individually.
- Proxy services : Use the services of third parties, which allow you to make many demands from one IP address at the same time. Some popular options include Proxy.io, VPN suppliers with proxy servers, and even cloud -based APi interfaces, such as the API Cloudflare gate.
- Connections of the API interface
: Make so many API connections in one session to reduce the total number of demands.
Although this restriction may be frustrating for some users, it is worth noting that Bitfinex has probably implemented these means to maintain network stability and prevent abuse. Understanding what causes the API interface limit, you can take steps to circumvent it or find alternative solutions to optimize the use of API Ethereum.