Is there a specific reason why I can't sell decimals on Binance?

3 answers

• Apr 30, 2022 · 3 years ago
  Yes, 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.
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• Apr 30, 2022 · 3 years ago
  It'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.
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• Apr 30, 2022 · 3 years ago
  As 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.
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