Cryptocurrency Q&A
How to calculate pips in btcusd?
How to calculate pips in btcusd?
KimonoGlory
Wed Dec 04 2024
|
5 answers
1035
I'm trying to figure out how to calculate pips in btcusd. I know it's important for tracking profits and losses in trading, but I'm not sure how to do it specifically for this currency pair. Can someone explain the process?
5 answers
DondaejiDelight
Fri Dec 06 2024
In the context of BTC/USD trading, the pip size is designated as 0.1.
Was this helpful?
130
61
BlockchainVisionary
Fri Dec 06 2024
This pip size signifies that a minimal movement or change in the BTC/USD price is equivalent to 0.1.
Was this helpful?
162
67
Eleonora
Fri Dec 06 2024
To illustrate, if the BTC/USD price is quoted as 1.2, the digit 2 following the decimal point represents two pips.
Was this helpful?
208
78
QuasarPulse
Fri Dec 06 2024
The pip value for one unit of BTC/USD is equivalent to US$0.11.
Was this helpful?
180
74
Daniele
Fri Dec 06 2024
BTCC is a prominent cryptocurrency exchange platform that offers a range of services.
Was this helpful?
355
60
