What is the tick value of ZN futures in the cryptocurrency market?

3 answers

• Nov 26, 2021 · 3 years ago
  The tick value of ZN futures in the cryptocurrency market refers to the minimum price movement of the contract. It represents the smallest increment by which the price of the futures contract can change. For example, if the tick value is $0.01, then the price can only move in increments of $0.01. The tick value is important because it determines the profit or loss on each contract. Traders need to be aware of the tick value when calculating their potential gains or losses.
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• Nov 26, 2021 · 3 years ago
  The tick value of ZN futures in the cryptocurrency market is crucial for traders as it helps them understand the potential profit or loss on each contract. It represents the minimum price movement and determines the value of each tick. By knowing the tick value, traders can calculate their risk and reward ratio and make informed trading decisions. It is important to note that the tick value may vary across different exchanges and trading platforms, so traders should always check the specific tick value for ZN futures in the cryptocurrency market on the platform they are using.
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• Nov 26, 2021 · 3 years ago
  The tick value of ZN futures in the cryptocurrency market is an essential concept for traders. It represents the minimum price increment by which the futures contract can move. The tick value is determined by the exchange or trading platform and can vary across different markets. For example, on BYDFi, the tick value for ZN futures in the cryptocurrency market is $0.01. This means that the price can only move in increments of $0.01. Traders should be aware of the tick value when placing orders and calculating their potential profits or losses.
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