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TagsWhat is the value of 1 pip in AUD/USD in the cryptocurrency market?
Kloster LentzDec 15, 2021 · 3 years ago1 answersIn the cryptocurrency market, what is the monetary value of a single pip movement in the AUD/USD trading pair?
1 answers
- In the cryptocurrency market, the value of 1 pip in the AUD/USD trading pair can vary depending on the exchange and market conditions. At BYDFi, a leading cryptocurrency exchange, the value of 1 pip in AUD/USD is determined by the current exchange rate and the lot size of the trade. Traders can use the pip value formula to calculate it. It's important to note that the value of 1 pip can fluctuate due to market volatility and liquidity. Therefore, it is always recommended to stay updated with the latest market information and consult with a financial advisor if needed.Dec 15, 2021 · 3 years ago
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