OSLDS Exchange - price and quantity steps and minimum order sizes
OSLDS EXCHANGE
WHAT IS PRICE STEP?
Price Step is the minimum price per tick of a virtual asset on the Exchange. The price ticks of different virtual assets can vary, with their price step representing the minimum amount they can move up or down.
The current price step configurations on OSL DS:
Example: BTCUSD
The minimum price tick size is 1. The order price can increase or decrease only by the multiples of 1.
WHAT IS QUANTITY STEP?
Quantity Step is the minimum incremental interval for which an order quantity is allowed on the Exchange.
The current quantity step configurations on OSL DS:
Example: BTCUSD
The order quantity incremental/decremental interval is 0.0001, i.e., if the order quantity needs to be increased or decreased, the movement allowed is in multiples of 0.0001.
WHAT IS MINIMUM ORDER QUANTITY?
Minimum order quantity is the minimum quantity of a virtual asset order allowed on the Exchange.
The current minimum order quantity configurations on OSL DS:
Example: BTCUSD
The minimum order quantity is 0.0001, i.e., order quantity needs to be greater than or equal to 0.0001.
WHAT IS PRICE STEP?
Price Step is the minimum price per tick of a virtual asset on the Exchange. The price ticks of different virtual assets can vary, with their price step representing the minimum amount they can move up or down.
The current price step configurations on OSL DS:
| Virtual Asset | Price Step |
|---|---|
| BTC/USD | 1 |
| ETH/USD | 0.1 |
Example: BTCUSD
The minimum price tick size is 1. The order price can increase or decrease only by the multiples of 1.
WHAT IS QUANTITY STEP?
Quantity Step is the minimum incremental interval for which an order quantity is allowed on the Exchange.
The current quantity step configurations on OSL DS:
| Virtual Asset | Quantity Step |
|---|---|
| BTC/USD | 0.0001 |
| ETH/USD | 0.001 |
Example: BTCUSD
The order quantity incremental/decremental interval is 0.0001, i.e., if the order quantity needs to be increased or decreased, the movement allowed is in multiples of 0.0001.
WHAT IS MINIMUM ORDER QUANTITY?
Minimum order quantity is the minimum quantity of a virtual asset order allowed on the Exchange.
The current minimum order quantity configurations on OSL DS:
| Virtual Asset | Min Quantity |
|---|---|
| BTC/USD | 0.0001 |
| ETH/USD | 0.001 |
Example: BTCUSD
The minimum order quantity is 0.0001, i.e., order quantity needs to be greater than or equal to 0.0001.
Updated on: 03/05/2024
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