Updates on Tick Size for Spot Trading Pairs (2022-05-12)

Fellow Binancians,

To ensure the best user experience during high volatility, Binance shall adjust the tick size (i.e. the minimum change in the unit price) of certain spot trading pairs at 2022-05-12 16:00 (UTC). For details about tick sizes of all spot trading pairs on Binance, please refer to the Trading Rules.

The adjustment will not affect spot trading and other relevant functions.
Tick size via API will also change. API users may use GET/api/v3/exchangeInfo for the latest tick size. For further details and updates, please refer to API Changelog.
The tick size update will not affect existing spot orders. After the tick size is updated, orders placed before the update will still be matched with the original tick size.

Please adjust your trading strategies accordingly to avoid unnecessary impact on your trading. We apologize for any inconvenience.

Details of the adjustment are shown in the table below:

Trading Pair	Tick Size (Before)	Updated Tick Size
LUNABIDR	1	0.01

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

Please ensure that you exercise sufficient risk management, have done your own research in regards to the project's fundamentals, and fully understand the project before opting to trade the token.

Thanks for your support!

Binance Team

2022-05-12

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

Find us on

Telegram: https://t.me/binanceexchange

Twitter: https://twitter.com/binance

Facebook: https://www.facebook.com/binance

Instagram: https://www.instagram.com/binance

Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Read the original article at binance

Stay tuned to CoinCarp Social Media and Discuss with Us:

X (Twitter) | Telegram | Reddit

Download CoinCarp App Now: https://www.coincarp.com/app/