What is a pip in cryptocurrency trading?
Pips are the units used to measure movement in the price of a cryptocurrency, and refer to a one-digit movement in the price at a specific level. Generally, valuable cryptocurrencies are traded at the ‘dollar´ level, so a move from a price of $190.00 to $191.00, for example, would mean that the cryptocurrency has moved a single pip. However, some lower-value cryptocurrencies are traded at different scales, where a pip can be a cent or even a fraction of a cent.
BTC
86,252.14
-3.98%
It’s important to read the details on your chosen trading platform to ensure you understand the level at which price movements will be measured before you place a trad $BNB
BNB
859.29
-3.38%