Updates on Min Tick Size for Leverage Tokens Trading Pairs and USDT-Margined Perpetual Futures Contracts
Updates on Min Tick Size for Leverage Tokens Trading Pairs and USDT-Margined Perpetual Futures Contracts
2021-04-19 06:46
Fellow Binancians,
In order to increase market liquidity and improve trading experience, Binance will be adjusting the Min Tick Size (i.e., the minimum change in the unit price) of SXPDOWN/USDT, BNBDOWN/USDT, LINKDOWN/USDT, DOTDOWN/USDT, ADADOWN/USDT and AAVEDOWN/USDT Leveraged Tokens trading paris at 2021-04-20 2:00 AM (UTC), and adjusting the Min Tick Size of KNCUSDT, AXSUSDT and CTKUSDT perpetual futures contracts at 2021-04-20 9:00 AM (UTC).
The adjustment will not impact Leveraged Tokens and USDâ-M Futures trading and other relevant functions.
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 is updated, orders placed before the update will still be matched with the original tick size.
Specific adjustment details of relevant Leveraged Tokens trading pairs are as follows:
Type
Trading Pair
Before
After
Leveraged Tokens
SXPDOWN/USDT
0.00000001
0.01
Leveraged Tokens
BNBDOWN/USDT
0.0000001
0.01
Leveraged Tokens
LINKDOWN/USDT
0.000001
0.0001
Leveraged Tokens
DOTDOWN/USDT
0.000001
0.0001
Leveraged Tokens
ADADOWN/USDT
0.000001
0.0001
Leveraged Tokens
AAVEDOWN/USDT
0.000001
0.0001
Specific adjustment details of relevant futures contracts are as follows:
Contract Type
Trading Pair
Before
After
USDâ-M Futures
KNCUSDT
0.00001
0.001
USDâ-M Futures
AXSUSDT
0.00001
0.001
USDâ-M Futures
CTKUSDT
0.00001
0.001
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!
Binance Team
2021-04-19
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