Coins.ph Cuts Tick Sizes for ASTER, BOME, SLP

Coins.ph is shrinking the minimum price movement for three spot trading pairs tomorrow afternoon.

The exchange will drop ASTER/USDT tick size from 0.001 to 0.0001 effective April 15 at 14:00 PHT. BOME/USDT and SLP/USDT will both shrink from 0.000001 to 0.0000001. Smaller tick sizes let traders quote prices more precisely, which typically narrows the gap between buy and sell orders. Coins.ph said the adjustment aims to increase market liquidity. The platform noted that spot trading and other functions will continue without interruption during the switch. API users need to update their order logic to match the new tick increments.

SLP has a loyal following among Filipino traders because of Axie Infinity's peak popularity in 2021, when thousands of Filipinos earned daily income playing the game. ASTER and BOME are newer listings with smaller local user bases. Tighter spreads matter most for high-frequency traders and anyone moving in and out of positions multiple times per day.

The three pairs affected are all USDT-denominated, aligning with how most Filipino crypto users hold stablecoins for remittances and as a hedge against peso volatility. Coins.ph remains one of only two BSP-licensed exchanges operating in the Philippines, alongside PDAX. The tick size changes take effect April 15 at 14:00 PHT.

🇵🇭 What This Means for Filipinos: Coins.ph's tick size cuts benefit active Filipino traders who rely on tight spreads for short-term profits, especially on SLP which has a dedicated local user base from the Axie boom. USDT pair adjustments help OFWs and remittance users who hold stablecoins to avoid peso conversion fees, as sharper pricing lets them enter and exit positions closer to mid-market rates.