Binance.US Updates Minimum Price Increment (Tick Size) For 5 Trading Pairs

In order to maintain a seamless trading experience, Binance.US will adjust the “tick size”, or minimum price increment reflected in the quoted price of an asset, for 5 Advanced Trading pairs starting February 26, 2024 at 6:55 p.m. PST / 9:55 p.m. EST.

Impacted Trading Pairs: AXS/USDT, CELO/USDT, EOS/USDT, KAVA/USDT, LPT/USDT

Please note:

Trading will not be affected by the tick size update; nor will it affect any existing 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
AXS/USDT	0.01	0.001
CELO/USDT	0.001	0.0001
EOS/USDT	0.001	0.0001
KAVA/USDT	0.001	0.0001
LPT/USDT	0.01	0.001

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Legal disclaimer:This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; or (2) relied upon for any investment activities. All information is provided on an as-is basis and is subject to change without notice. We make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability, or completeness of any such information. Binance.US does NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion. Binance.US shall not be liable for any consequences thereof.

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.

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.

Read the original article at binance-us

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