diff --git a/package.json b/package.json
index e8afba7c..8c7f29c8 100644
--- a/package.json
+++ b/package.json
@@ -5,7 +5,7 @@
   "dependencies": {
     "@types/node": "20.10.1",
     "@types/ws": "8.5.10",
-    "axios": "0.27.2",
+    "axios": "1.6.0",
     "axios-retry": "4.0.0",
     "reconnecting-websocket": "4.4.0",
     "ws": "8.14.2",
diff --git a/src/client/RESTClient.ts b/src/client/RESTClient.ts
index 1374f9c5..4e1f3179 100644
--- a/src/client/RESTClient.ts
+++ b/src/client/RESTClient.ts
@@ -68,7 +68,7 @@ export class RESTClient extends EventEmitter {
     super();
     this.logger = util.debuglog('coinbase-pro-node');
 
-    this.httpClient = axios.default.create({
+    this.httpClient = axios.create({
       baseURL: baseURL,
       timeout: 50_000,
     });
@@ -105,13 +105,10 @@ export class RESTClient extends EventEmitter {
         requestPath,
       });
 
-      config.headers = {
-        ...config.headers,
-        'CB-ACCESS-KEY': signedRequest.key,
-        'CB-ACCESS-PASSPHRASE': signedRequest.passphrase,
-        'CB-ACCESS-SIGN': signedRequest.signature,
-        'CB-ACCESS-TIMESTAMP': `${signedRequest.timestamp}`,
-      };
+      config.headers.set('CB-ACCESS-KEY', signedRequest.key);
+      config.headers.set('CB-ACCESS-PASSPHRASE', signedRequest.passphrase);
+      config.headers.set('CB-ACCESS-SIGN', signedRequest.signature);
+      config.headers.set('CB-ACCESS-TIMESTAMP', `${signedRequest.timestamp}`);
 
       return config;
     });
diff --git a/src/exchange-rate/ExchangeRateAPI.ts b/src/exchange-rate/ExchangeRateAPI.ts
index f7cc0190..45cd2db9 100644
--- a/src/exchange-rate/ExchangeRateAPI.ts
+++ b/src/exchange-rate/ExchangeRateAPI.ts
@@ -22,7 +22,7 @@ export class ExchangeRateAPI {
    * @see https://docs.cloud.coinbase.com/sign-in-with-coinbase/docs/api-exchange-rates#get-exchange-rates
    */
   async getExchangeRates(currency: string = 'USD'): Promise<ExchangeRate> {
-    const response = await axios.default.get<{
+    const response = await axios.get<{
       data: ExchangeRate;
     }>(`${this.baseURL}${ExchangeRateAPI.URL.V2_EXCHANGE_RATES}`, {params: {currency}});
     return response.data.data;
diff --git a/src/order/OrderAPI.ts b/src/order/OrderAPI.ts
index 65a13356..3413b981 100644
--- a/src/order/OrderAPI.ts
+++ b/src/order/OrderAPI.ts
@@ -156,7 +156,9 @@ export class OrderAPI {
     const resource = OrderAPI.URL.ORDERS;
     const response = await this.apiClient.get<Order[]>(`${resource}`, {
       params: query,
-      paramsSerializer: querystring.stringify,
+      paramsSerializer: params => {
+        return querystring.stringify(params);
+      },
     });
     return {
       data: response.data,
diff --git a/src/time/TimeAPI.ts b/src/time/TimeAPI.ts
index f059dc86..ae38ab15 100644
--- a/src/time/TimeAPI.ts
+++ b/src/time/TimeAPI.ts
@@ -21,7 +21,7 @@ export class TimeAPI {
    * @see https://docs.cloud.coinbase.com/sign-in-with-coinbase/docs/api-time
    */
   async getTime(): Promise<TimeSkew> {
-    const response = await axios.default.get<TimeSkew>(`${this.baseURL}${TimeAPI.URL.TIME}`, {
+    const response = await axios.get<TimeSkew>(`${this.baseURL}${TimeAPI.URL.TIME}`, {
       // This trick forces axios to set JSON headers
       data: {},
     });
diff --git a/src/transfer/TransferAPI.ts b/src/transfer/TransferAPI.ts
index 05e50510..ac6b7477 100644
--- a/src/transfer/TransferAPI.ts
+++ b/src/transfer/TransferAPI.ts
@@ -72,7 +72,9 @@ export class TransferAPI {
     }
     const response = await this.apiClient.get<TransferInformation[]>(resource, {
       params,
-      paramsSerializer: querystring.stringify,
+      paramsSerializer: params => {
+        return querystring.stringify(params);
+      },
     });
 
     z.array(TransferInformationSchema).parse(response.data);
diff --git a/yarn.lock b/yarn.lock
index 1e52dd1b..53218b3f 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -442,13 +442,14 @@ axios-retry@4.0.0:
   dependencies:
     is-retry-allowed "^2.2.0"
 
-axios@0.27.2:
-  version "0.27.2"
-  resolved "https://registry.npmjs.org/axios/-/axios-0.27.2.tgz"
-  integrity sha512-t+yRIyySRTp/wua5xEr+z1q60QmLq8ABsS5O9Me1AsE5dfKqgnCFzwiCZZ/cGNd1lq4/7akDWMxdhVlucjmnOQ==
+axios@1.6.0:
+  version "1.6.0"
+  resolved "https://registry.npmjs.org/axios/-/axios-1.6.0.tgz#f1e5292f26b2fd5c2e66876adc5b06cdbd7d2102"
+  integrity sha512-EZ1DYihju9pwVB+jg67ogm+Tmqc6JmhamRN6I4Zt8DfZu5lbcQGw3ozH9lFejSJgs/ibaef3A9PMXPLeefFGJg==
   dependencies:
-    follow-redirects "^1.14.9"
+    follow-redirects "^1.15.0"
     form-data "^4.0.0"
+    proxy-from-env "^1.1.0"
 
 balanced-match@^1.0.0:
   version "1.0.2"
@@ -1017,9 +1018,9 @@ flatted@^3.1.0:
   resolved "https://registry.npmjs.org/flatted/-/flatted-3.1.1.tgz"
   integrity sha512-zAoAQiudy+r5SvnSw3KJy5os/oRJYHzrzja/tBDqrZtNhUw8bt6y8OBzMWcjWr+8liV8Eb6yOhw8WZ7VFZ5ZzA==
 
-follow-redirects@^1.14.9:
+follow-redirects@^1.15.0:
   version "1.15.3"
-  resolved "https://registry.npmjs.org/follow-redirects/-/follow-redirects-1.15.3.tgz"
+  resolved "https://registry.npmjs.org/follow-redirects/-/follow-redirects-1.15.3.tgz#fe2f3ef2690afce7e82ed0b44db08165b207123a"
   integrity sha512-1VzOtuEM8pC9SFU1E+8KfTjZyMztRsgEfwQl44z8A25uy13jSzTj6dyK2Df52iV0vgHCfBwLhDWevLn95w5v6Q==
 
 foreground-child@^2.0.0:
@@ -1718,6 +1719,11 @@ propagate@^2.0.0:
   resolved "https://registry.npmjs.org/propagate/-/propagate-2.0.1.tgz"
   integrity sha512-vGrhOavPSTz4QVNuBNdcNXePNdNMaO1xj9yBeH1ScQPjk/rhg9sSlCXPhMkFuaNNW/syTvYqsnbIJxMBfRbbag==
 
+proxy-from-env@^1.1.0:
+  version "1.1.0"
+  resolved "https://registry.npmjs.org/proxy-from-env/-/proxy-from-env-1.1.0.tgz#e102f16ca355424865755d2c9e8ea4f24d58c3e2"
+  integrity sha512-D+zkORCbA9f1tdWRK0RaCR3GPv50cMxcrz4X8k5LTSUD1Dkw47mKJEZQNunItRTkWwgtaUSo1RVFRIG9ZXiFYg==
+
 punycode@^2.1.0:
   version "2.1.1"
   resolved "https://registry.npmjs.org/punycode/-/punycode-2.1.1.tgz"