How can I calculate the point value of futures contracts in the digital currency industry?

3 answers

• Nov 26, 2021 · 3 years ago
  Calculating the point value of futures contracts in the digital currency industry is relatively straightforward. You need to know the contract size, tick size, and tick value. The contract size refers to the quantity of the digital currency in each contract, while the tick size is the minimum price movement. The tick value is the monetary value of each tick. To calculate the point value, multiply the contract size by the tick size and then multiply the result by the tick value. This will give you the point value of the futures contract.
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• Nov 26, 2021 · 3 years ago
  Hey there! Calculating the point value of futures contracts in the digital currency industry is not as complicated as it may seem. You just need to know the contract size, tick size, and tick value. Multiply the contract size by the tick size and then multiply the result by the tick value. Voila! You've got the point value. Happy trading!
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• Nov 26, 2021 · 3 years ago
  When it comes to calculating the point value of futures contracts in the digital currency industry, it's important to understand the contract specifications. Different exchanges may have different contract sizes, tick sizes, and tick values. For example, on BYDFi, the contract size for Bitcoin futures is 1 BTC, the tick size is $0.01, and the tick value is $10. To calculate the point value, you would multiply the contract size by the tick size and then multiply the result by the tick value. Keep in mind that these specifications may vary across exchanges, so always double-check before trading.
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