Add as a preferred source on GoogleBinance to Change Tick Sizes for BLURUSDT and QUSDT Perpetuals
BLURUSDT's minimum price increment will narrow to 0.000001, while QUSDT's will widen to 0.00001.
Binance will change the minimum price increments for two USDT-margined perpetual contracts Wednesday, altering the price steps traders can use for BLURUSDT and QUSDT orders on the exchange.
The update is scheduled for 2:30 a.m. ET Wednesday, Oct. 28 (06:30 UTC). BLURUSDT's tick size will fall to 0.000001 from 0.00001, while QUSDT's will rise to 0.00001 from 0.000001.
A tick size is the smallest price increment available for a contract. The change will allow BLURUSDT prices to use finer increments and require wider increments for QUSDT.
Trading operations for U-margined contracts will not be affected, and existing orders will remain unaffected. The update follows Binance's Oct. 15 tick-size adjustment for seven perpetual contracts.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.