Bittrex is committed to providing fair and efficient price discovery. The limits and statements below are designed to improve the overall trading experience on our markets.
Bittrex reserves the right to close orders that fall outside of normal price boundaries. Any order that is not within 50% - 200% of the last price, will be canceled after 28 days.
Orders that meet the following conditions will be automatically canceled after 24 hours:
- Any buy order that has a bid price that is 12.5% or less of the last price
- Any sell order that is 800% or greater of the last price
Minimum trade size
- The minimum BTC trade value for orders is 10,000 satoshis (.00010000). The minimum trade value can be determined by taking Quantity * Price.
- There is also a minimum trade quantity that varies per market. All minimum trade quantities can be found in the public API https://api.bittrex.com/v3/markets. "MinTradeSize" denotes the minimum trade size for each market.
Creating minimum tick sizes
The following minimum tick size changes are pending review and customer feedback.
On a per market basis, we will be instituting minimum tick sizes that are based on the current price of the market. The target is to have minimum trade sizes that are near 0.1% of the current price. The current minimum tick size is 1 satoshi.
For example: Ethereum trades at 0.0577 Bitcoin. Bids and asks can only be placed in 0.0001 increments. So the next level on the bid side of the orderbook will be 0.0576 and 0.0578 on the ask.
A general statement about market manipulation tactics: Bittrex actively discourages any type of market manipulation, including pump groups. Consistent with our terms of service, we will suspend and close any accounts engaging in this type of activity and notify the appropriate authorities.