I'm trading
BTC USD and I'm trying to understand the value of a pip in this currency pair. I want to know how much a single pip movement affects my position.
5 answers
ZenFlow
Fri Dec 20 2024
This calculation is based on the pip size of BTC/USD, which is set at 0.1.
BlockchainVisionary
Fri Dec 20 2024
To understand this, consider a scenario where the BTC/USD price is trading at 1.1.
Silvia
Fri Dec 20 2024
In this case, the digit '2' at the end of the price represents two pips.
GangnamGlitzGlamour
Fri Dec 20 2024
The value of one pip in BTC/USD is equivalent to US$0.11.
SeoulStyle
Fri Dec 20 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to its users.