Changes to tick sizes

Changes to tick sizes

At Bitstamp, we’re always looking for ways to enhance the experience of our traders. Improving liquidity and narrowing spreads is something we work hard on.

For this reason, we’re updating the tick sizes for the pairs reported in the table below.

Trading pair 

Tick size before update 

Tick size after update 

Time of change* 

BTC/PAX 

0.01 

1 

03/08/2022 10:00-11:00 CET 

ETH/PAX 

0.01 

1 

03/08/2022 10:00-11:00 CET 

 

 

 

 

BTC/USD 

0.01 

1 

10/08/2022 10:00-11:00 CET 

BTC/EUR 

0.01 

1 

10/08/2022 10:00-11:00 CET 

BTC/GBP 

0.01 

1 

10/08/2022 10:00-11:00 CET 

BTC/USDC 

0.01 

1 

10/08/2022 10:00-11:00 CET 

BTC/USDT 

0.01 

1 

10/08/2022 10:00-11:00 CET 

ETH/USD 

0.01 

0.1 

10/08/2022 10:00-11:00 CET 

ETH/EUR 

0.01 

0.1 

10/08/2022 10:00-11:00 CET 

ETH/GBP 

0.01 

0.1 

10/08/2022 10:00-11:00 CET 

ETH/USDC 

0.01 

0.1 

10/08/2022 10:00-11:00 CET 

ETH/USDT 

0.01 

0.1 

10/08/2022 10:00-11:00 CET 

There will be a no-matching trade halt on affected pairs for up to one hour

The tick size is the minimum change in the unit price. Adjusting it allows us to improve liquidity around the best bid/ ask and tightens spreads, making trading more efficient for all our customers and contributing to a better trading experience at Bitstamp.

Existing orders will not be affected by the change. Our matching engine will match all orders placed before the change at the original tick size. After the tick size change, orders placed with smaller a tick size will be rejected. Where necessary, please adjust your trading strategies accordingly.