I am trying to understand the trading specifics of bitcoin. Particularly, I am curious about the tick size of bitcoin. What is the tick size of bitcoin?
A tick move refers to the minimum amount that the price of a futures contract can change in one transaction. For CME's Standard Bitcoin Futures Contract, a tick move is $21.
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benjamin_doe_philosopherThu Dec 26 2024
Bitcoin futures are a financial derivative that allows investors to speculate on the future price of Bitcoin without actually owning the underlying asset.
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henry_grayson_lawyerThu Dec 26 2024
This means that the price of the contract can change by $25 in one transaction. If an investor buys a contract at $50,000 and the price moves up by one tick, they will make a profit of $21.
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SakuraBloomingThu Dec 26 2024
The tick increment refers to the minimum price movement that a futures contract can make. For CME's Standard Bitcoin Futures Contract, the tick increment is $1.
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EleonoraThu Dec 26 2024
CME also offers Micro Bitcoin Futures, which are smaller versions of the Standard Bitcoin Futures Contract. The tick increment for Micro Bitcoin Futures is $1.