Hi everyone,
I’m running into an issue with the Binance API, specifically with rate limiting. Despite implementing exponential backoff in my requests, I’m still receiving a ‘Too Many Requests’ error intermittently. Here’s a breakdown of my implementation:
- I check the
X-MBX-API-TIMESTAMP
header before each request and make sure to throttle my calls accordingly. - My backoff strategy involves doubling the delay time with each subsequent error (as per Binance’s rate limit guidelines).
- I’m also setting the
X-MBX-API-KEY
header correctly, and I’ve tested my API key limits via the/api/v3/rateLimit
endpoint.
However, the issue persists after the delay, and I am unsure whether the backoff strategy is not enough or if there’s an issue with the way I’m tracking rate limits.
Has anyone else faced a similar issue? Any advice on how to better handle or diagnose this situation? Would love to hear your thoughts.