Cryptocurrency Q&A
How to compute pips in crypto?
How to compute pips in crypto?
CryptoElite
Wed Dec 18 2024
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7 answers
1037
I'm trying to understand how to calculate pips in the cryptocurrency market. I know it's a measure of price movement, but I'm not sure how to apply it to crypto.
7 answers
Sara
Fri Dec 20 2024
To determine the number of pips, you need to look at the second number after the decimal point.
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CryptoVanguard
Fri Dec 20 2024
This number will indicate how many pips have changed.
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CryptoVisionary
Fri Dec 20 2024
Counting pips for BTC/USD involves understanding the pip change.
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Lucia
Fri Dec 20 2024
For instance, if the pair started at 1.00, you would look at the number after the decimal point.
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CrystalPulse
Fri Dec 20 2024
The pip change for the BTC/USD pair is 0.01.
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