Kraken API AssetPairs

Question

I am absorbing the Kraken API, and I cannot find a good explanation of the information I have in the answer.

Actually, for this pair I have the following information:

altname             = alternate pair name
aclass_base         = asset class of base component
base                = asset id of base component
aclass_quote        = asset class of quote component
quote               = asset id of quote component
lot                 = volume lot size
pair_decimals       = scaling decimal places for pair
lot_decimals        = scaling decimal places for volume
lot_multiplier      = amount to multiply lot volume by to get currency volume
leverage_buy        = array of leverage amounts available when buying
leverage_sell       = array of leverage amounts available when selling
fees                = fee schedule array in [volume, percent fee] tuples
fees_maker          = maker fee schedule array in [volume, percent fee] tuples (if on maker/taker)
fee_volume_currency = volume discount currency
margin_call         = margin call level
margin_stop         = stop-out/liquidation margin level

I have some questions about this payload. Thanks to everyone who will help.

1. lot_decimalsand pair_decimals: how are they applied? I suggest that perhaps the former means that the amount of the first currency can be represented with the maximum number of decimal places lot_decimals, the latter meaning that you can represent the value of a pair with the maximum number of decimal pairs. Is that reasonable?

2. lot_multiplier: the explanation is clear, but always 1. Any reason for this?

3. lot: is the amount of the first currency you want to calculate in the second currency? Example: 100 EURBTC, 100 - lot size?

thanks

Answer 1

@Bruno Ripa:

. :

1. lot_decimals - () , . pair_decimals - pair_decimals
2. lot_multiplier .
3. lot: BTC/EUR, 100 BTC,