If you have more than one volume and if you wish to snapshot both the volumes at the same time via API its not possible because the rate limit on snapshot is 1 every 10mins
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If Your account is not verified then you will face such errors. This is what the DO support team informed me. I can confirm the issue is resolved now.
doctl compute volume snapshot d1d9290f-14ab-11ec-b512-0a58ac145549 --snapshot-name myfirst
doctl compute volume snapshot d22dc31d-14ab-11ec-8d09-0a58ac1451a0 --snapshot-name mysecond
Error: POST https://api.digitalocean.com/v2/volumes/d22dc31d-14ab-11ec-8d09-0a58ac1451a0/snapshots: 429 (request "9adb282f-7eae-4bac-9dbb-c031c51adbd5") failed to create snapshot: this operation is rate-limited - one request per 10m0s
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