Meaning of base_min_size in products endpoint?

Exchange/Pro API
#1

Hi, I’m trying to understand the meaning of the response attribute base_min_size when using the endpoint: https://api.exchange.coinbase.com/products

My doubts are:

  • Is it the minimum quantity that I need to order?

  • Is it the minimum value of the order? if it’s the value of the order? Then what is the unit of the value? is the value in base currency? or quote currency?

Thanks

#2

The base_min_size is the minimum value of whatever currency you are trying to sell represented in it’s base unit. Example would be BTC-USD value is something like .00000001 BTC, meaning you cannot sell anything less than this amount.

#3

@ronitjain - does this help? It is the minimum size of the base that can be bought/sold when creating an order. Please let us know. Thanks!