When using get_symbol_info, it only shows the step size for the base asset. How do we get the step size for the quote asset? I am using python-binance. get_symbol_info just shows all the filters for the symbol.
Hi. Are you using any library for your program? Which endpoint does get_symbol_info represent?
If it is this endpoint, GET /api/v3/exchangeInfo ( https://binance-docs.github.io/apidocs/spot/en/#exchange-information ), please refer to PRICE_FILTER tickSize. For example,
{
“filterType”: “PRICE_FILTER”,
“minPrice”: “0.00000100”,
“maxPrice”: “1000.00000000”,
“tickSize”: “0.00000100”
}
I am using python-binance. Isn’t the tick size for the price? quoteOrderQty specifies the quantity to use in terms of the quote asset.
Yes, you are right. This is the tick size for the price.
When placing the order for a certain symbol, both quantity and price have to be considered. The unit of the price is quote asset.
QuoteOrderQty specify the total amount of the quote asset, that is, quoteOrderQty = quantity * price. Hence, as price has to meet the restriction specified in price filter, quote order quantity also has to fit into it.