IoTeX Updates Tick Sizes on Binance Ahead of New Trading Era
The IoTeX blockchain platform is set to receive updated tick sizes for its IOTX spot pairs on Binance. As of August 20th at 05:00 UTC, the price increment for IOTX/USDT will change from 0.00001 to 0.000001, while IOTX/JPY will change from 0.001 to 0.0001.
The updated tick sizes are intended to support tighter spreads and more precise price discovery. This change is in line with the project's goal of addressing technical challenges faced by existing IoT ecosystems.