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what does price precision mean and other precision mean?

Binance

Cryptocoins Exchanges / Binance 13 Views

symbol BTCUSDT

pair BTCUSDT

contractType PERPETUAL

deliveryDate 4133404800000

onboardDate 1569398400000

standing TRADING

maintMarginPercent 2.5000

requiredMarginPercent 5.0000

baseAsset BTC

quoteAsset USDT

marginAsset USDT

pricePrecision 2 <<<<<<<<<<<<<<<<<<<<<

quantityPrecision three <<<<<<<<<<<<<<<<<<<<<<<<<<

baseAssetPrecision eight <<<<<<<<<<<<<<<<<<<

quotePrecision 8 <<<<<<<<<<<<<<<<<<

underlyingType COIN

underlyingSubType ['PoW']

triggerProtect 0.0500

submitted by /u/lifeInquire
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