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By default the Access Token expires in 5 minutes, and is purely time based. Meaning, that it doesn't matter if you are sending requests, it will still expire after 5 minutes. This means, that you client needs to either pre-emptively get a new token, or must be ready to re-authenticate and retry requests when it expries.
The maximum time that can be set is 60 minutes, while the minimum is 1 minute.