Binance Refines Perpetual Contract Trading Parameters
In a move to enhance market depth and improve the trading environment, leading cryptocurrency exchange Binance has announced an adjustment to the tick size for several USDT-margined perpetual contracts.
Adjustment Details and Effective Time
The update is scheduled to take effect on September 17 at 14:30 (UTC+8). The affected contracts include:
- VELVET/USDT
- TAG/USDT
- BB/USDT
- SYN/USDT
- ASR/USDT
- SKD/USDT
- CSOPSKHYNIX2L/USDT
- DJT/USDT
- BTW/USDT
- BULLA/USDT
- 龙虾/USDT
Impact and User Guidance
This parameter update will not disrupt normal trading functions for the contracts. All orders placed before the adjustment will continue to be matched based on the original tick size. The change primarily aims to boost market liquidity, providing traders with more precise pricing and an improved trading experience.
Binance advises relevant traders to review the new parameters for specific contracts in advance and monitor official announcements for the latest information. The exchange will continue to evaluate and optimize trading product parameters to meet evolving market needs.