Is there a specific reason why I can't sell decimals on Binance?
Townsend CrowleyNov 10, 2021 · 4 years ago3 answers
I've noticed that when I try to sell cryptocurrencies on Binance, I can only enter whole numbers and not decimals. Is there a specific reason for this restriction? Why can't I sell decimals on Binance?
3 answers
- Samuel KamauDec 15, 2020 · 5 years agoYes, there is a specific reason why you can't sell decimals on Binance. The reason is that Binance follows a minimum trading quantity requirement for each cryptocurrency. This means that you can only trade whole numbers of a cryptocurrency, and decimals are not allowed. The minimum trading quantity requirement is set to maintain liquidity and prevent market manipulation. So, if you want to sell a cryptocurrency on Binance, you will need to enter a whole number quantity.
- Megumi KatouNov 09, 2023 · 2 years agoIt's frustrating that you can't sell decimals on Binance, but there is a good reason behind this restriction. Binance aims to provide a fair and efficient trading environment for all users. By allowing only whole number quantities, Binance ensures that the market remains stable and prevents small trades from causing unnecessary price fluctuations. While it may seem inconvenient at times, this restriction ultimately benefits the overall trading experience on Binance.
- Maher BeringJan 01, 2025 · 7 months agoAs an expert from BYDFi, I can provide some insights into this question. Binance, like many other cryptocurrency exchanges, has implemented the restriction on selling decimals to maintain consistency and prevent potential issues with order matching and execution. By allowing only whole number quantities, Binance simplifies the trading process and reduces the chances of errors or discrepancies. While this restriction may seem limiting, it is a necessary measure to ensure the smooth operation of the exchange.
优质推荐
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 107068How to Trade Options in Bitcoin ETFs as a Beginner?
1 3311Crushon AI: The Only NSFW AI Image Generator That Feels Truly Real
0 1268How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0229Who Owns Microsoft in 2025?
2 1226Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 0184
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More