I'm trying to understand the value of 1 pip in the
BTC USD trading pair. I want to know how much each small movement in price represents in terms of value.
7 answers
MysticGalaxy
Thu Dec 05 2024
The pip value for one unit of BTC/USD is equivalent to US$0.11.
ethan_carter_engineer
Wed Dec 04 2024
The number 2 in 1.2 signifies two pips away from the base rate of 1.
CryptoProphet
Wed Dec 04 2024
Each pip movement in the BTC/USD pair thus has a financial impact of US$0.10 per unit traded.
SumoStrength
Wed Dec 04 2024
This is determined by the pip size of BTC/USD, which stands at 0.1.
ethan_thompson_journalist
Wed Dec 04 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures trading, and a wallet facility.