diff --git a/docs/configuration.md b/docs/configuration.md
index d50b798f8..9dbfe7932 100644
--- a/docs/configuration.md
+++ b/docs/configuration.md
@@ -253,7 +253,7 @@ Mandatory parameters are marked as **Required**, which means that they are requi
 | `add_config_files` | Additional config files. These files will be loaded and merged with the current config file. The files are resolved relative to the initial file.<br> *Defaults to `[]`*. <br> **Datatype:** List of strings
 | `dataformat_ohlcv` | Data format to use to store historical candle (OHLCV) data. <br> *Defaults to `json`*. <br> **Datatype:** String
 | `dataformat_trades` | Data format to use to store historical trades data. <br> *Defaults to `jsongz`*. <br> **Datatype:** String
-| `reduce_df_footprint` | Recast all numeric columns to float32/int32, with the objective of reducing ram/disk usage and decreasing train/inference timing, as well as memory usage. (Currently only affects FreqAI use-cases) <br> **Datatype:** Boolean. <br> Default: `False`.
+| `reduce_df_footprint` | Recast all numeric columns to float32/int32, with the objective of reducing ram/disk usage (and decreasing train/inference timing in FreqAI). (Currently only affects FreqAI use-cases) <br> **Datatype:** Boolean. <br> Default: `False`.
 
 ### Parameters in the strategy
 
diff --git a/freqtrade/constants.py b/freqtrade/constants.py
index a9a38fa89..0c15883a4 100644
--- a/freqtrade/constants.py
+++ b/freqtrade/constants.py
@@ -159,7 +159,7 @@ CONF_SCHEMA = {
         'ignore_buying_expired_candle_after': {'type': 'number'},
         'trading_mode': {'type': 'string', 'enum': TRADING_MODES},
         'margin_mode': {'type': 'string', 'enum': MARGIN_MODES},
-        'convert_df_to_32bit': {'type': 'number', 'default': False},
+        'reduce_df_footprint': {'type': 'number', 'default': False},
         'liquidation_buffer': {'type': 'number', 'minimum': 0.0, 'maximum': 0.99},
         'backtest_breakdown': {
             'type': 'array',
diff --git a/tests/freqai/test_freqai_interface.py b/tests/freqai/test_freqai_interface.py
index 3a040181d..25bc99580 100644
--- a/tests/freqai/test_freqai_interface.py
+++ b/tests/freqai/test_freqai_interface.py
@@ -43,7 +43,7 @@ def test_extract_data_and_train_model_Standard(mocker, freqai_conf, model, pca,
     freqai_conf.update({"strategy": "freqai_test_strat"})
     freqai_conf['freqai']['feature_parameters'].update({"principal_component_analysis": pca})
     freqai_conf['freqai']['feature_parameters'].update({"use_DBSCAN_to_remove_outliers": dbscan})
-    freqai_conf.update({"convert_df_to_float32": float32})
+    freqai_conf.update({"reduce_df_footprint": float32})
 
     strategy = get_patched_freqai_strategy(mocker, freqai_conf)
     exchange = get_patched_exchange(mocker, freqai_conf)