diff --git a/wallet/res/xml/preference_settings.xml b/wallet/res/xml/preference_settings.xml
index c9f2f395e1..88bc8af0cd 100644
--- a/wallet/res/xml/preference_settings.xml
+++ b/wallet/res/xml/preference_settings.xml
@@ -2,7 +2,7 @@
 <PreferenceScreen xmlns:android="http://schemas.android.com/apk/res/android" >
 
 	<ListPreference
-		android:defaultValue="2/3"
+		android:defaultValue="4"
 		android:entries="@array/preferences_precision_labels"
 		android:entryValues="@array/preferences_precision_values"
 		android:key="btc_precision"