I'm trying to understand the size of a pip in
BTC USD trading. I want to know how much value each pip represents in this cryptocurrency pair.
7 answers
Raffaele
Mon Dec 02 2024
The value of one pip in BTC/USD trading is determined to be US$0.11.
Lucia
Mon Dec 02 2024
The decimal places in the price represent pips in the currency pair.
EchoWhisper
Mon Dec 02 2024
The pip size for BTC/USD transactions is set at 0.1.
SejongWisdomKeeperElite
Mon Dec 02 2024
This pip size is crucial for calculating profit and loss in trading.
Giulia
Mon Dec 02 2024
When the BTC/USD price is at 1.2, this figure signifies the exchange rate.