What is the meaning of 'this' on Binance? How can I enter numbers with no more than 8 decimal places?

Lakers fanApr 26, 2022 · 3 years ago2 answers

I'm new to Binance and I'm confused about the meaning of 'this' on the platform. Can someone explain what 'this' refers to? Additionally, I would like to know how I can enter numbers with no more than 8 decimal places on Binance.

Binance

Cryptocurrency

Decimal Places

2 answers

Apr 26, 2022 · 3 years ago
On Binance, 'this' refers to the current price or value of a particular cryptocurrency. It is often used in trading pairs to indicate the price of one cryptocurrency in terms of another. For example, if you see 'BTC/USDT: 50000', it means that 1 Bitcoin is currently valued at 50000 USDT. To enter numbers with no more than 8 decimal places on Binance, simply input the number without any additional decimal places. Binance will automatically round it down to 8 decimal places if necessary.
Apr 26, 2022 · 3 years ago
The term 'this' on Binance typically refers to the current price of a cryptocurrency. It is used in trading pairs to indicate the price of one cryptocurrency in terms of another. For example, if you see 'BTC/USDT: 50000', it means that 1 Bitcoin is currently valued at 50000 USDT. To enter numbers with no more than 8 decimal places on Binance, you can simply input the number without any additional decimal places. Binance will automatically round it down to 8 decimal places if necessary.