Updates on Tick Size for USDT-Margined AXSUSDT Perpetual Futures Contracts and BNBUP Leverage Tokens
Updates on Tick Size for USDT-Margined AXSUSDT Perpetual Futures Contracts and BNBUP Leverage Tokens
2021-07-26 08:12
Fellow Binancians,
In order to increase market liquidity and improve your trading experience, Binance will be adjusting the Tick Size (i.e., the minimum change in the unit price) of AXSUSDT perpetual futures contracts, and BNBUP/USDT Leveraged Tokens trading pair at 2021-07-27 03:30 AM (UTC).
The adjustment will not impact USDâ-M Futures and Leverage Tokens 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 of relevant futures contracts are as follows:
Contract Type
Trading Pair
Before
After
USDâ-M Futures
AXSUSDT
0.001
0.01
Specific adjustment details of relevant Leveraged Tokens trading pair are as follows:
Type
Trading Pair
Before
After
Leveraged Tokens
BNBUP/USDT
0.001
0.01
For more information about the updates, please refer to Trading Rules for details. We apologize for any inconvenience caused.
Risk Warning: Futures trading carries 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 movements. 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. To learn more about how to protect yourself, visit our Responsible Trading resource page.