diff --git a/gui/qt/main_window.py b/gui/qt/main_window.py
index c4da3542e..df4bd542c 100644
--- a/gui/qt/main_window.py
+++ b/gui/qt/main_window.py
@@ -142,7 +142,7 @@ class ElectrumWindow(QMainWindow):
 
         self.need_update = threading.Event()
 
-        self.decimal_point = config.get('decimal_point', 8)
+        self.decimal_point = config.get('decimal_point', 5)
         self.num_zeros     = int(config.get('num_zeros',0))
 
         set_language(config.get('language'))