BINANCE TRADERS: A SMALL PRICE-INCREMENT CHANGE CAN MATTER
Binance has announced a spot-market tick-size adjustment scheduled to be completed by October 29, 2026, at 05:00 UTC (5:00 AM Ghana time) for selected trading pairs.
The affected pairs include ANIME, GUN, POLYX, RVN, SAPIEN, SOLV and TOWNS, with specific quote currencies varying by pair.
But what exactly is tick size?
Tick size is the smallest permitted price increment for an order.
For example, if a market's permitted price increments change from 0.001 to 0.0001, the exchange can accept prices at finer increments.
What should traders know?
• A tick-size adjustment does not automatically mean the asset's price will rise or fall.
• Binance says the update will not affect existing spot orders.
• Trading bots may need adjustments if they rely on the old tick-size settings.
• Always check the exact trading pair and the applicable exchange announcement.
Bottom line: understand the market rules before changing your orders or trading-bot configuration.
#Binance #CryptoEducation #SpotTrading #TradingBots #Royalstradings
Binance has announced a spot-market tick-size adjustment scheduled to be completed by October 29, 2026, at 05:00 UTC (5:00 AM Ghana time) for selected trading pairs.
The affected pairs include ANIME, GUN, POLYX, RVN, SAPIEN, SOLV and TOWNS, with specific quote currencies varying by pair.
But what exactly is tick size?
Tick size is the smallest permitted price increment for an order.
For example, if a market's permitted price increments change from 0.001 to 0.0001, the exchange can accept prices at finer increments.
What should traders know?
• A tick-size adjustment does not automatically mean the asset's price will rise or fall.
• Binance says the update will not affect existing spot orders.
• Trading bots may need adjustments if they rely on the old tick-size settings.
• Always check the exact trading pair and the applicable exchange announcement.
Bottom line: understand the market rules before changing your orders or trading-bot configuration.
#Binance #CryptoEducation #SpotTrading #TradingBots #Royalstradings