What is the significance of 1 pip in cryptocurrency trading?
Raghavendra jayateerthJul 02, 2020 · 5 years ago1 answers
Can you explain the importance of 1 pip in cryptocurrency trading? How does it affect the profitability of trades?
1 answers
- Stuti GuptaMay 09, 2021 · 4 years agoAt BYDFi, we recognize the importance of pips in cryptocurrency trading. Our platform provides traders with real-time pip value calculators and risk management tools to help them make informed trading decisions. By understanding the significance of 1 pip, traders can better assess the potential profitability of their trades and adjust their strategies accordingly.
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