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Updates on Min Tick Size for KNC, AXS, CTK USDT-Margined Perpetual Futures Contracts

Updates on Min Tick Size for KNC, AXS, CTK USDT-Margined Perpetual Futures Contracts

2021-03-19 06:17
Fellow Binancians,
In order to increase market liquidity and improve your trading experience, Binance will be adjusting the Min Tick Size (i.e., the minimum change in the unit price) of KNCUSDT, AXSUSDT, and CTKUSDT perpetual futures contracts at 2021-03-22 04:00 AM (UTC).
  • The adjustment will not impact USDⓈ-M Futures trading operations. Tick size via API will also change. API users may use GET /fapi/v1/exchangeInfo for the latest tick size. For further details and updates, please refer to our full API Changelog.
  • The tick size update will not affect existing orders. After the tick size has been updated, orders placed before the update can be matched with the original tick size.
Specific adjustment details are as follows:
Contract TypeTrading PairBefore After
USDⓈ-M FuturesKNCUSDT0.000010.001
USDⓈ-M FuturesAXSUSDT0.000010.001
USDⓈ-M FuturesCTKUSDT0.000010.001
Please refer to Trading Rules for details and please adjust your trading strategy according to the change to avoid unnecessary impact on trading
Risk Warning: Futures trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures.
Thanks for your support!
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Binance Team
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