How do you calculate pips on BTC USD?

Specifically, the pip value for 1 unit of BTC/USD is equivalent to US$0.10. This metric is crucial for traders to understand as it allows them to calculate their potential profits or losses based on the fluctuations in the BTC/USD pair.

The pip size for BTC/USD is set at 0.1. This means that every minimal movement or change in the BTC/USD exchange rate represents a shift of 0.1 in the decimal places.

For instance, if the current price of BTC/USD is 1.2, any increase or decrease of 0.1 in the price would signify a movement of 1 pip. Consequently, if the price moves from 1.2 to 1.4, it would represent a movement of 2 pips.

BTCC is a prominent cryptocurrency exchange platform that offers a wide range of services to its users. Among its offerings are spot trading, futures trading, and a wallet service. These services cater to the diverse needs of traders and investors in the cryptocurrency market.

BTC/USD Pip Value represents the monetary equivalent of a minimal change or movement in the exchange rate of Bitcoin against the US Dollar.