Exchange vs Rate Limit (API)
Quick comparison to help you distinguish these two crypto terms.
Exchange
beginner
fundamentals
A platform facilitating cryptocurrency buying, selling, and trading, either through centralized services managing transactions and custody (like Coinbase or Binance) or decentralized protocols enabling peer-to-peer trading through smart contracts without intermediaries (like Uniswap or dYdX).
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intermediate
strategy
A rate limit is the maximum frequency at which an exchange API permits requests, with automatic temporary suspension of access imposed on bots that exceed the allowed call threshold.
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