Cryptocurrency Q&A
How much is 1 pip in btcusd?
How much is 1 pip in btcusd?
JejuSunshine
Wed Oct 30 2024
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6 answers
792
I'm trying to understand the value of 1 pip in the BTCUSD trading pair. I want to know how much each small movement in price represents in terms of value.
6 answers
Riccardo
Fri Nov 01 2024
This 0.01 USD represents the pip value per unit for the BTC/USD pair in such a scenario.
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Martino
Fri Nov 01 2024
When trading cryptocurrencies like BTC/USD, it's important to understand the concept of pip value.
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ZenBalanced
Fri Nov 01 2024
Pip stands for percentage in point and is the smallest increment of change in the price of a currency pair.
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CryptoAlchemy
Fri Nov 01 2024
If the BTC/USD pair is quoted to the second decimal place, a small change in the price would be worth 0.01 USD.
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LightningStrike
Thu Oct 31 2024
On the other hand, if the pair is quoted to the 4th decimal place, the pip value changes accordingly.
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