Tick Size Adjustment on ETP Trading Pairs (2021/08/12)

 Trading FAQs    |      2021-08-12

Dear Users,

To enhance market liquidity and improve your trading experience, Huobi Global will adjust the tick size (i.e. the minimum change in the unit price) of XRP*(-3)/USDT at 04:00 on August 12 (UTC).

ETP (exchange-traded product) trading and other functions will not be affected by the tick size adjustment. Please adapt your trading strategies accordingly to avoid negative impacts on your trading. You may find the adjustment details below.

Trading Pairs

Tick Size Before Adjustment

Tick Size After Adjustment

XRP*(-3)/USDT

0.0000000001

0.000000000001

For Example:

  • XRP*(-3)/USDT before adjustment (6 decimal places): 0.0000000010
  • XRP*(-3)/USDT after adjustment (8 decimal places): 0.000000001012

 

 

Risk Reminder: There is a possibility that the NAV of ETP can become zero or the product will be removed due to inherent market risk, high fees, slippage, rebalance algorithm frontrunning, and any other perceived unknown risks associated with ETP.

We apologize for any inconvenience caused and thank you for your support.

 

Huobi Global

August 12, 2021

 

Trade on the go with Huobi Global App (iOS/Android)

Find us on

Twitter: https://twitter.com/HuobiGlobal

Facebook: https://www.facebook.com/huobiglobalofficial/

Instagram: https://www.instagram.com/huobiglobalofficial/

Reddit: https://www.reddit.com/r/HuobiGlobal/

Medium: https://huobiglobal.medium.com/

Telegram: https://t.me/huobiglobalofficial|https://t.me/huobiofficial

Huobi Global reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi Global makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Reminder text here.