What is the tick value for micro bitcoin futures?

3 answers

• Mohammad Zikri Hayat AzmiMay 27, 2023 · 2 years ago
  The tick value for micro bitcoin futures represents the minimum price movement of the contract. In simple terms, it is the smallest increment by which the price of the futures contract can change. For micro bitcoin futures, the tick value is $0.50 per contract. This means that for every tick the price moves up or down, the value of the contract changes by $0.50.
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• Lehman PallesenJan 22, 2024 · 2 years ago
  The tick value for micro bitcoin futures is an important concept to understand for traders. It determines the profit or loss on each price movement. In the case of micro bitcoin futures, the tick value is $0.50. So, if the price of the futures contract moves up by one tick, the trader will make a profit of $0.50 per contract. Conversely, if the price moves down by one tick, the trader will incur a loss of $0.50 per contract.
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• mitch_danielFeb 21, 2024 · a year ago
  When it comes to micro bitcoin futures, the tick value is $0.50. This means that for every tick the price moves, the value of the contract changes by $0.50. Traders should keep this in mind when calculating their potential profits or losses. It's important to note that the tick value may vary for different futures contracts, so it's always a good idea to check the specific contract specifications before trading.
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