Cryptocurrency Q&A
What is the price of 1 pip?
What is the price of 1 pip?
CoinMasterMind
Tue Oct 29 2024
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6 answers
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I'm trying to understand the financial concept of a pip and its value. Specifically, I want to know the price associated with 1 pip.
6 answers
SumoStrength
Thu Oct 31 2024
To illustrate, consider the Adidas AG futures price. If it shifts from 123.91 to 124.91, this signifies a one pip change.
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CryptoAlchemist
Thu Oct 31 2024
Similarly, in other markets like crude oil, the concept of a pip applies.
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SamuraiWarriorSoulful
Thu Oct 31 2024
A pip represents the minimal variation in price that can occur before the decimal point.
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CryptoTitaness
Thu Oct 31 2024
For instance, when the crude oil price moves from 84.58 to 85.58, it signifies a one-point change, which equates to a significant shift in value.
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CryptoPioneer
Thu Oct 31 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. These services cater to various trading needs, enabling users to engage in diverse financial activities.
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