Binance to adjust minimum price increments for 12 perpetual futures, including MYXUSDT

Source
Minseung Kang

Summary

  • Binance said it will adjust the minimum price increment (tick size) for 12 USDT-M perpetual futures trading pairs.
  • The minimum price increments for MYXUSDT, GRIFFAINUSDT, 4USDT, AUSDT, MIRAUSDT, SCRTUSDT, HEIUSDT, DRIFTUSDT, ZKCUSDT, A2ZUSDT, LAYERUSDT and LISTAUSDT will be changed by increasing the number of decimal places.
  • Binance said the adjustment will not affect the relevant perpetual futures trading or existing open orders, and orders will be handled based on the previous precision standard.

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Photo = Shutterstock
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Global cryptocurrency exchange Binance will adjust the minimum price increment (tick size) for some USDT-M perpetual futures contracts.

According to a Binance notice on the 2nd, the exchange will change the minimum price increment for 12 perpetual futures trading pairs—MYXUSDT, GRIFFAINUSDT, 4USDT, AUSDT, MIRAUSDT, SCRTUSDT, HEIUSDT, DRIFTUSDT, ZKCUSDT, A2ZUSDT, LAYERUSDT and LISTAUSDT—from 16:00 on the 5th (Korea time).

After the adjustment, MYXUSDT will change from 0.001 to 0.0001, while GRIFFAINUSDT and 4USDT will be revised from 0.00001 to 0.000001. AUSDT, MIRAUSDT, SCRTUSDT, HEIUSDT, DRIFTUSDT, ZKCUSDT, LAYERUSDT and LISTAUSDT will be adjusted from 0.0001 to 0.00001, and A2ZUSDT will be refined from 0.000001 to 0.0000001.

Binance said the adjustment will not affect trading in the relevant perpetual futures or other functions during the period, and existing open orders will also remain unaffected. Even after the change in price precision, existing orders will be processed by the matching system based on the previous precision standard.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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