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Table of Contents
Mini Crypto Pairs
Crypto pairs starting with the letters SV are mini representations of full-priced pairs and represent 0.01 (for BTC) or 0.1 (all others) of the crypto currency (quote asset).
Because of the high USD prices of crypto currencies, it is the norm to trade them in fractions such as 1/100 or 1/10 of the crypto asset. For example, you can buy 1/10 (0.1) or 1/100 (0.01) BTC.
With the introduction of mini crypto currency trading, traders will always buy in full lot (integer) sizes, while the price of the currency is represented as a fraction of its original price.
Note: due to the particular conditions of how crypto exchanges work, the TOS window on this exchange works differently than on other exchanges. For crypto, the TOS window displays index price updates in 30-second intervals. It does not show trades.
Currency: USD
Crypto Pairs
Symbol | Base Asset | Crypto Currency | Quote Asset | Base Asset Multiplier | Min Qty (Base Asset) | Min Tick Increment | Notes |
---|---|---|---|---|---|---|---|
SVBTCUSDC | BTC | Bitcoin | USD | 0.01 (1/100) | 1 | 0.001 | Mini BTC - the quote represents 0.01 Bitcoin |
SVETHUSDC | ETH | Ethereum | USD | 0.1 (1/10) | 1 | 0.0001 | Mini ETH - the quote represents 0.1 Ethereum |
SVLTCUSDC | LTC | Litecoin | USD | 0.1 (1/10) | 1 | 0.0001 | Mini LTC - the quote represents 0.1 Litecoin |
SVXMRUSDC | XMR | Monero | USD | 0.1 (1/10) | 1 | 0.0001 | Mini XMR - the quote represents 0.1 Monero |
SVBCHUSDC | BCH | Bitcoin Cash | USD | 0.1 (1/10) | 1 | 0.0001 | Mini BCH - the quote represents 0.1 Bitcoin Cash |
SVXRPUSDC | XRP | Ripple | USD | 1 | 1 | 0.00001 | XRP - Standard Ripple 1/1 |
SVXLMUSDC | XLM | Stellar | USD | 1 | 1 | 0.00001 | XLM - Standard Stellar 1/1 |
Examples:
- If BTC current price is 8087.1 USD, then 1 lot size of SVBTCUSDC priced at 80.871 is equivalent to 0.01 of BTCUSDC which is priced 8087.1
- If ETH current price is 398.85 USD, then 1 lot size of SVETHUSDC priced at 39.885 is equivalent to 0.1 of ETHUSDC which price is 398.85
- If LTC current price is 58.75 USD, then 1 lot size of SVLTCUSDC priced at 5.875 is equivalent to 0.1 of LTCUSDC which price is 58.75
- If XMR current price is 134.59 USD, then 1 lot size of SVXMRUSDC priced at 13.459 is equivalent to 0.1 of XMRUSDC which price is 134.59
- If BCH current price is 267.65 USD, then 1 lot size of SVBCHUSDC priced at 26.765 is equivalent to 0.1 of BCHUSDC which price is 267.65
Order Types
- Limit Day Buy/Sell
- Limit IOC Buy/Sell
- Market Day Buy/Sell
Basic Market Rules
- Minimum Lot Size: 1
- Tick Size: varies by crypto symbol. See Min Tick Increment column in table above.
- Short Sale Rules: short selling is allowed, and no mark or locates are required for shorting.