Updates on Tick Size for Spot Trading Pairs

Author: Alan W. Date: July 20, 2022

Dear Phemex Users,

In order to increase market liquidity and improve trading experience, Phemex will be adjusting the tick size (i.e. the minimum change in the unit price) of certain spot trading pairs on 2022-07-21. The adjustment will not affect spot trading and other relevant functions.

• This tick size update will not affect existing spot orders. After the tick size is updated, orders placed before the update will still be matched with the original tick size.

Please adjust your trading strategies accordingly to avoid unnecessary impact on your trading. We apologize for any inconvenience.

Details of the adjustment are shown in the table below:

Thanks for your continued support,

Phemex Team