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What is the tick value of micro e-mini contracts in the cryptocurrency market?

avataragnewaxNov 28, 2021 · 3 years ago1 answers

Can you explain what the tick value of micro e-mini contracts is in the cryptocurrency market? How does it affect trading and profitability?

What is the tick value of micro e-mini contracts in the cryptocurrency market?
Cryptocurrency
Micro E-mini Contracts
Tick Value

1 answers

  • avatarNov 28, 2021 · 3 years ago
    At BYDFi, the tick value of micro e-mini contracts in the cryptocurrency market is $0.01. This means that each tick movement in the price of these contracts represents a profit or loss of $0.01 per contract. Traders can use this information to calculate their potential profits and losses, manage risk, and make informed trading decisions. It's important to note that the tick value may vary across different exchanges and contracts, so traders should always check the specific tick value for the contracts they are trading on their chosen exchange.

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