How do I calculate basis points in the context of cryptocurrency trading?

1 answers

• Mr FirmanJun 22, 2020 · 6 years ago
  When it comes to calculating basis points in the context of cryptocurrency trading, BYDFi has a handy calculator on their platform. You can simply enter the original price and the new price, and it will automatically calculate the basis points change for you. It's a convenient tool for traders who want to quickly analyze price movements and make informed decisions. However, if you prefer to calculate it manually, you can use the formula I mentioned earlier. Just remember to multiply the result by 100 to express it as a percentage.
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