Order Precision

To maintain consistent trading behaviour across all integrations, Quidax enforces minimum order values and precision limits for trading pairs.

Minimum Order Value

Orders must meet the following minimum value requirements:

  • 1000 Naira for NGN
  • 90 cents ($0.9) for USDT

Orders submitted below these thresholds will be rejected by the API.

Recommended action: Ensure your application mandates the minimum order value to your users before sending requests to the Quidax API.

Trading Pair Precision

Our precision values for trading pairs are changing. This affects the number of decimal places each currency in the pair can have in terms of volume and price.

Here’s an example:

For the BTC/USDT pair, BTC will have a precision of 5 (maximum of 5 figures after the decimal), USDT will have a precision of 2 (maximum of 2 figures after the decimal) and the pair's price will have a precision of 2.

Full Precision List

Please refer to the table below for the complete precision configuration for all trading pairs supported by Quidax.

PairPrecision (volume for first currency in the pair)Precision (volume for second currency in the pair)Precision (Price for the pair)
BTC/USDT522
BTC/NGN500
QDX/USDT026
QDX/NGN002
USDT/NGN202
SHIB/USDT028
ETH/USDT422
ETH/NGN400
TRX/USDT025
TRX/NGN002
BNB/USDT321
AXS/USDT222
FLOKI/USDT0210
LINK/USDT223
MATIC/USDT124
XTZ/USDT123
WKD/USDT0211
LTC/USDT322
LTC/NGN300
XRP/USDT024
XRP/NGN002
SOL/USDT222
ONE/USDT025
AAVE/USDT322
BCH/USDT322
XLM/USDT024
DOGE/USDT025
CAKE/USDT223
BABYDOGE/USDT0213
DASH/USDT322
DASH/NGN300
ADA/USDT124
DOT/USDT223
FIL/USDT223
USDC/USDT224
BUSD/USDT224
APE/USDT224
MANA/USDT024
FTM/USDT024
SAND/USDT024
CFX/USDT024