Add as a preferred source on GoogleBinance to Adjust Tick Sizes for Five USDT Perpetual Contracts
The changes take effect Oct. 22 at 2:30 a.m. ET (06:30 UTC), lowering increments for three contracts and raising them for two.
Binance will change the minimum price increments for five USDT perpetual futures contracts on Thursday, Oct. 22, at 2:30 a.m. ET (06:30 UTC), adjusting how precisely traders can enter quotes on each contract.
The tick size will fall from 0.00001 to 0.000001 for BILLUSDT, IDOLUSDT and ESPORTSUSDT. It will rise from 0.00001 to 0.0001 for BRUSDT and from 0.000001 to 0.00001 for AGTUSDT. A tick size is the smallest price step available when placing a quote.
Trading will continue during the update. Orders already placed will remain active and match using their original price increments, while Binance’s futures API will reflect the new tick sizes. Binance adjusted tick sizes for seven perpetual contracts on Oct. 15.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.