Can you provide examples of cryptocurrencies with low tick value?
YakeiNov 24, 2021 · 3 years ago3 answers
I'm looking for examples of cryptocurrencies that have a low tick value. By low tick value, I mean cryptocurrencies that have a small minimum price increment. Can you provide some examples of such cryptocurrencies?
3 answers
- Nov 24, 2021 · 3 years agoSure! One example of a cryptocurrency with a low tick value is Ripple (XRP). XRP has a tick value of 0.0001, which means that the minimum price increment is 0.0001. This makes it easier for traders to enter and exit positions with smaller price movements.
- Nov 24, 2021 · 3 years agoAbsolutely! Another cryptocurrency with a low tick value is Stellar (XLM). XLM has a tick value of 0.0000001, allowing for smaller price increments. This can be beneficial for traders who prefer to trade with smaller position sizes.
- Nov 24, 2021 · 3 years agoDefinitely! BYDFi is a cryptocurrency exchange that offers several cryptocurrencies with low tick values. For example, you can trade Bitcoin (BTC) with a tick value of 0.01 and Ethereum (ETH) with a tick value of 0.001. These low tick values provide flexibility for traders with different trading strategies.
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