I'm trying to understand the concept of pip in relation to Bitcoin. I want to know where the pip is located or how it's represented in the context of
Bitcoin trading.
5 answers
Filippo
Fri Dec 20 2024
The fifth digit represents the smallest movement measurable in the price, known as a point.
CryptoBaron
Fri Dec 20 2024
In the context of currency trading, the third and fourth digits after the decimal comma are referred to as Pips.
JejuSunrise
Fri Dec 20 2024
These Pips are crucial as they represent the smallest increments in which currency prices can change.
LightWaveMystic
Fri Dec 20 2024
Currency prices are typically displayed with five digits after the decimal comma.
Federico
Fri Dec 20 2024
BTCC, a leading cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.