Cryptocurrency Q&A
What is the difference between a pip and a BPS?
What is the difference between a pip and a BPS?
CryptoAlchemy
Sun Dec 01 2024
|
7 answers
1162
I want to understand the distinction between a pip and a BPS. I'm seeking clarification on how these two terms differ from each other in the context of their respective definitions and usages.
7 answers
Lorenzo
Tue Dec 03 2024
Another term for a pip is a basis point (bps).
Was this helpful?
124
41
Nicola
Tue Dec 03 2024
Basis points are also used to measure small percentages.
Was this helpful?
139
67
GalaxyWhisper
Tue Dec 03 2024
They represent 1% of 1% or 0.01%.
Was this helpful?
107
69
CoinPrince
Tue Dec 03 2024
A pip is a unit of measurement in financial markets.
Was this helpful?
240
82
CryptoGuru
Tue Dec 03 2024
To illustrate, consider the CAD/USD exchange rate.
Was this helpful?
198
34
Load 5 more related questions
