Upbit Adjusts Minimum Order Amount and Tick Size for BTC and USDT Markets

IconCryptoNewsTerminal Staff30 Jul, 2024

cryptonews.jpg

Upbit Adjusts Minimum Order Amount and Tick Size for BTC and USDT Markets

Effective on August 19th, Upbit will be implementing adjustments to the minimum order amounts and tick sizes for its BTC and USDT markets. The minimum order amount for BTC will decrease from 0.0005 BTC to 0.00005 BTC, while the minimum order amount for USDT will change from 0.0005 USDT to 0.5 USDT. These changes aim to enhance market liquidity and provide traders with greater flexibility. The updated tick size will take effect on August 12th, while the modified minimum order amount will be reflected in actual order execution starting August 19th. Upbit encourages traders to review these changes and adjust their trading strategies accordingly.

Related News