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What is Spot Trading Limit and Rules?

Learn about Spot Trading Limit and the rules governing it.

Written by Euan Li

Updated at December 20th, 2023

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The parameters of the spot trading market rules are as follows:

Trading pair Minimum order quantity Order quantity step Quotation step Minimum order size  Max buy and min sell limit
BTC/USDT 0.0001 BTC 0.000001 BTC 0.01 USDT 10 USDT Index price ±2%
ETH/USDT 0.001 ETH 0.0001 ETH 0.01 USDT 10 USDT Index price ±2%

*The highest bid/lowest ask price limit mechanism for spot market is a trading limit set by Matrixport.hk to protect investors when placing orders. The limit buy order price you place when trading spot/leverage cannot be higher than the upper limit, which is currency pair index price * (1 + uplift ratio), and the limit sell order price cannot be lower than the lower limit, which is currency pair index price * (1 - downside ratio). For market buy orders, the filled price will also be protected by the price limit mechanism, which means that the highest filled price of your market buy order will not be higher than the upper limit price at the time of placing the order, and the lowest price of your market sell order will not be lower than the lower limit price at the time of placing the order.

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