An important update to trading parameters has been confirmed for perpetual contracts. Starting from November 2, 2023, at 10h (UTC), the minimum notional value required to open positions in BTCUSDT and ETHUSDT contracts will undergo a significant revision. This change reflects the evolution of market dynamics and aims to ensure more robust operational conditions.
What is the New Notional Value Policy?
For the BTCUSDT contract, the floor will be substantially raised. The previous notional value of 5.0 USDT will be increased to 100.0 USDT. This change represents a 20-fold increase in the minimum amount required for an order to be executed.
In the case of the ETHUSDT contract, the change is less drastic but still significant. The minimum notional value will rise from 5.0 USDT to 20.0 USDT, representing a 4-fold increase.
Practical Impacts for Traders
These changes in the notional value will mainly affect beginner traders and small-volume operators. Those who already have active orders in these contracts before the implementation date will not experience disruptions — current positions will remain intact. The transition has been designed to avoid any inconvenience to users who already trade regularly in these pairs.
Monitoring Changes via API
For developers and traders using programming interfaces, the updated minimum notional value can be checked through the GET /fapi/v1/exchangeInfo endpoint. This tool allows verification of the latest parameters for each trading symbol. Additional details about API changes can be found in the platform’s Release Notes.
Why Does This Change Matter?
Raising the minimum notional value is a common practice to improve execution quality and reduce operational costs. With smaller orders eliminated, liquidity density improves and price distortions decrease. For serious traders, this measure contributes to a more efficient and reliable trading environment.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Adjustment to the Minimum Notional Value for Futures Trading: What Changes for BTCUSDT and ETHUSDT
An important update to trading parameters has been confirmed for perpetual contracts. Starting from November 2, 2023, at 10h (UTC), the minimum notional value required to open positions in BTCUSDT and ETHUSDT contracts will undergo a significant revision. This change reflects the evolution of market dynamics and aims to ensure more robust operational conditions.
What is the New Notional Value Policy?
For the BTCUSDT contract, the floor will be substantially raised. The previous notional value of 5.0 USDT will be increased to 100.0 USDT. This change represents a 20-fold increase in the minimum amount required for an order to be executed.
In the case of the ETHUSDT contract, the change is less drastic but still significant. The minimum notional value will rise from 5.0 USDT to 20.0 USDT, representing a 4-fold increase.
Practical Impacts for Traders
These changes in the notional value will mainly affect beginner traders and small-volume operators. Those who already have active orders in these contracts before the implementation date will not experience disruptions — current positions will remain intact. The transition has been designed to avoid any inconvenience to users who already trade regularly in these pairs.
Monitoring Changes via API
For developers and traders using programming interfaces, the updated minimum notional value can be checked through the GET /fapi/v1/exchangeInfo endpoint. This tool allows verification of the latest parameters for each trading symbol. Additional details about API changes can be found in the platform’s Release Notes.
Why Does This Change Matter?
Raising the minimum notional value is a common practice to improve execution quality and reduce operational costs. With smaller orders eliminated, liquidity density improves and price distortions decrease. For serious traders, this measure contributes to a more efficient and reliable trading environment.