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      Binance.US Updates Minimum Price Increment (Tick Size) For UST/USDT

      In order to maintain the best trading experience during market volatility, Binance.US adjust the “tick size”, or minimum price increment reflected in the quoted price of an asset, on the UST/USDT pair starting May 12, 2022 at 7 a.m. PDT / 10 a.m. EDT. 

      Please note: 

      • Trading will not be affected by the tick size update; nor will it affect existing spot orders.
      • Once the tick size is updated, any orders placed before the update will remain matched with the original tick size. 
      • The updated tick size will apply for API users as well. API traders and developers can use GET /api/v3/exchangeInfo to retrieve the latest tick size. For additional information, please refer to our API Documentation Portal

      For more information on the updated tick size, refer to the following chart. 

      Trading Pair

      Previous Tick Size

      New Tick Size

      UST/USDT

      0.0001

      0.000001

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      Binance.US 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.

      Risk warning: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in a significant loss. Binance.US is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies. Please refer to our Terms of Use for more information.

      Read the original article at binance-us

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