What is the tick size for NQ futures in the cryptocurrency market?
McCarty McGarryDec 17, 2021 · 3 years ago1 answers
Can you please provide me with information about the tick size for NQ futures in the cryptocurrency market? I am interested in understanding how the tick size works and its significance in the cryptocurrency trading market. Specifically, I would like to know the tick size for NQ futures and how it affects trading strategies and profitability in the cryptocurrency market.
1 answers
- Dec 17, 2021 · 3 years agoThe tick size for NQ futures in the cryptocurrency market may vary depending on the exchange and the specific contract. Different exchanges may have different tick sizes for NQ futures, and these tick sizes can also change over time. It is important for traders to check the tick size for NQ futures on the specific exchange they are trading on. As for BYDFi, a popular cryptocurrency exchange, the tick size for NQ futures is currently set at 0.001. This means that the price of the NQ futures contract can move in increments of 0.001. Traders should keep in mind that the tick size can impact their trading strategies and profitability, so it is crucial to understand and consider the tick size when trading NQ futures in the cryptocurrency market.
Related Tags
Hot Questions
- 96
What are the tax implications of using cryptocurrency?
- 92
How can I minimize my tax liability when dealing with cryptocurrencies?
- 83
What are the best practices for reporting cryptocurrency on my taxes?
- 77
What is the future of blockchain technology?
- 58
Are there any special tax rules for crypto investors?
- 52
How can I buy Bitcoin with a credit card?
- 46
How can I protect my digital assets from hackers?
- 45
How does cryptocurrency affect my tax return?