Rate limiting is used in the API mainly for,
Protecting resources:
Prevent server overload by limiting the number of requests a user can make in a given time frame.
Maintaining stability of the API:
Ensure consistent API performance, even during traffic spikes or attacks.
Controlling costs:
Manage expenses related to data transfer and usage-based pricing.
Ensuring security:
Defend against malicious activities like brute-force attacks or credential stuffing.
Providing fair access for users:
Guarantee equal access to API resources for all users or applications.
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