What is the tick value of futures contracts in the cryptocurrency market?
Angelica MaldonadoJul 31, 2020 · 5 years ago3 answers
In the cryptocurrency market, what is the tick value of futures contracts? How is it determined and what does it represent?
3 answers
- LeoKaFusiJul 13, 2025 · a month agoThe tick value of futures contracts in the cryptocurrency market refers to the minimum price movement of the contract. It is determined by the exchange and represents the smallest increment by which the price of the contract can change. For example, if the tick value is $10, then the price can only move in multiples of $10. This is important for traders as it helps them calculate their potential profits or losses based on the price movements of the contract.
- Flowers FletcherJan 19, 2025 · 7 months agoThe tick value of futures contracts in the cryptocurrency market is set by the exchange and can vary for different contracts. It is usually a small fraction of the contract's underlying asset value. For example, if the underlying asset is Bitcoin and its current price is $50,000, the tick value may be $10. This means that each tick represents a $10 movement in the contract's price. Traders use the tick value to determine their risk and reward potential when trading futures contracts.
- OliverNov 11, 2021 · 4 years agoBYDFi, a leading cryptocurrency exchange, sets the tick value of futures contracts in the cryptocurrency market based on market conditions and liquidity. The tick value represents the minimum price movement of the contract and is an important factor for traders to consider when trading futures. It helps them determine their risk exposure and potential profits or losses. BYDFi continuously monitors the market to ensure fair and competitive tick values for its futures contracts, providing traders with a transparent and reliable trading experience.
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