Binance is set to enhance the trading experience for its Spot API users. As of November 21st, 2023 at 11:00 (UTC), Binance Spot API will modify its order rate limit rules for individual accounts. The order rate limit will notably increase from the current 50 orders every 10 seconds and 160,000 orders every 24 hours to a more vigorous 100 orders every 10 seconds and 200,000 orders every 24 hours.
This optimization retains backward compatibility. All trading operations will carry on as usual and no impact will be felt if users decide not to update their settings.