Cryptocurrency Q&A
How many pips is 1 tick?
How many pips is 1 tick?
amelia_miller_designer
Wed Dec 25 2024
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6 answers
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I'm trying to understand the relationship between pips and ticks in trading. Specifically, I want to know how many pips are equivalent to 1 tick.
6 answers
Caterina
Thu Dec 26 2024
The concepts of Pip and Tick are often encountered in financial trading.
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Martino
Thu Dec 26 2024
Under such circumstances, the term Pip becomes particularly relevant.
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ThunderBreezeHarmony
Thu Dec 26 2024
Both terms serve as measures of price movement in financial assets.
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Sara
Thu Dec 26 2024
Specifically, when trading these currency pairs, 1 pip is equivalent to 10 ticks.
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EthereumEagleGuard
Thu Dec 26 2024
Depending on the specific asset being traded, either Pip or Tick may be used.
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