diff --git a/freqtrade/pairlist/pairlistmanager.py b/freqtrade/pairlist/pairlistmanager.py
index 309ada094..0734d7f8f 100644
--- a/freqtrade/pairlist/pairlistmanager.py
+++ b/freqtrade/pairlist/pairlistmanager.py
@@ -4,6 +4,7 @@ Static List provider
 Provides lists as configured in config.json
 
  """
+from cachetools import TTLCache, cached
 import logging
 from typing import Dict, List
 
@@ -68,6 +69,10 @@ class PairListManager():
         """
         return [{p.name: p.short_desc()} for p in self._pairlists]
 
+    @cached(TTLCache(maxsize=1, ttl=1800))
+    def _get_cached_tickers(self):
+        return self._exchange.get_tickers()
+
     def refresh_pairlist(self) -> None:
         """
         Run pairlist through all configured pairlists.
@@ -78,7 +83,7 @@ class PairListManager():
         # tickers should be cached to avoid calling the exchange on each call.
         tickers: Dict = {}
         if self._tickers_needed:
-            tickers = self._exchange.get_tickers()
+            tickers = self._get_cached_tickers()
 
         # Process all pairlists in chain
         for pl in self._pairlists:
diff --git a/requirements-common.txt b/requirements-common.txt
index 52b80d501..c11179fbb 100644
--- a/requirements-common.txt
+++ b/requirements-common.txt
@@ -4,6 +4,7 @@ ccxt==1.19.14
 SQLAlchemy==1.3.10
 python-telegram-bot==12.2.0
 arrow==0.15.4
+cachetools==3.1.1
 requests==2.22.0
 urllib3==1.25.6
 wrapt==1.11.2
diff --git a/setup.py b/setup.py
index 781a5d138..50b8eee9c 100644
--- a/setup.py
+++ b/setup.py
@@ -66,6 +66,7 @@ setup(name='freqtrade',
           'SQLAlchemy',
           'python-telegram-bot',
           'arrow',
+          'cachetools',
           'requests',
           'urllib3',
           'wrapt',
diff --git a/tests/pairlist/test_pairlist.py b/tests/pairlist/test_pairlist.py
index 0ec6766c2..94b2147f5 100644
--- a/tests/pairlist/test_pairlist.py
+++ b/tests/pairlist/test_pairlist.py
@@ -268,12 +268,14 @@ def test_volumepairlist_caching(mocker, markets, whitelist_conf, tickers):
                           )
     bot = get_patched_freqtradebot(mocker, whitelist_conf)
     assert bot.pairlists._pairlists[0]._last_refresh == 0
-
+    assert tickers.call_count == 0
     bot.pairlists.refresh_pairlist()
+    assert tickers.call_count == 1
 
     assert bot.pairlists._pairlists[0]._last_refresh != 0
     lrf = bot.pairlists._pairlists[0]._last_refresh
     bot.pairlists.refresh_pairlist()
+    assert tickers.call_count == 1
     # Time should not be updated.
     assert bot.pairlists._pairlists[0]._last_refresh == lrf