#Binance , the world's largest cryptocurrency exchange by trading volume, influences the price movements of crypto assets with the decisions it makes. As of today, Binance is changing the approval size in many altcoin pairs where crypto users are actively trading.
The fact that prices have been on a downward trend for a long time has now increased the importance of the last digits in many altcoins. In light of these developments, Binance has updated the approval size (i.e. the minimum change in the unit price) of the following altcoins:
Our readers who are curious about the confirmation size (i.e. the minimum change in the unit price) updates in these altcoin pairs can take a look at the related images:
The giant cryptocurrency exchange Binance shared the following words in this announcement text:
Binance will complete the adjustments for the tick size (i.e. the minimum change in unit price) of certain spot trading pairs by 17.08.2023 07:00 (UTC) to increase market liquidity and improve the trading experience.
The adjustment will not affect spot trading and other related functions.
The confirmation size update will not affect existing spot orders. After the confirmation size is updated, orders placed before the update will continue to match the original confirmation size. #altcoin #BTC