Change quote and base quantity – Is the full quantity shared?

I am at the moment making an attempt to determine if the amount of a pair/ticker and so on Bitcoin/Tether ought to be credited to the bottom within the pair or each the bottom and the quote (50%/50%)

I believed that the amount was credited to the bottom solely, however after I have a look at my information I see no quantity on USDT as a result of it’s all the time the quote like:

  1. base BTC/USDT quote
  2. base ETH/USDT quote
  3. base BNB/USDT quote
  4. base ADA/USDT quote

That is how a mapped response seems like for BTCUSDT ticker from Binance’s API

array:9 [
  "name" => "BTCUSDT"
  "ticker" => "BTCUSDT"
  "open" => "60523.47000000"
  "close" => "60525.47000000"
  "high" => "63388.99000000"
  "low" => "59510.63000000"
  "volume" => "38548.16285000"
  "change" => "4.296"

As we will see the amount is 38548, which is 38548 Bitcoin which when transformed to USD is ca $2.400.000 (2.4million)

Would these 2.4million be divided by 2 and credited to each the quote and the bottom?

Hope somebody can assist me out right here with the right answer

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button