Cryptocurrency Q&A
How to count BTC pips?
How to count BTC pips?
MysticStar
Sun Dec 01 2024
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6
answers
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I'm trying to figure out how to calculate BTC pips. I know it's related to price movements in the Bitcoin market, but I'm not sure exactly how to do it. Can someone explain the process of counting BTC pips?
6 answers
TopazRider
Tue Dec 03 2024
When trading BTC/USD, the pair's quotation determines the smallest change in value.
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ethan_harrison_chef
Tue Dec 03 2024
If the pair is quoted to the second decimal place, a minor fluctuation in price is significant.
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CryptoTitan
Mon Dec 02 2024
Specifically, a change of 0.01 USD represents the smallest shift, known as the pip value per unit.
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Silvia
Mon Dec 02 2024
This pip value is crucial for understanding profit and loss in trading.
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Tommaso
Mon Dec 02 2024
Alternatively, if the pair is quoted to the fourth decimal place, the pip value changes.
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