What is the tick value for BTC futures?

3 answers

• Mar 15, 2022 · 3 years ago
  The tick value for BTC futures refers to the minimum price movement of a BTC futures contract. It is calculated by dividing the contract's tick size by the contract's multiplier. For example, if the tick size is $10 and the multiplier is 5 BTC, then the tick value would be $2 per tick. This means that for every tick the price moves, the value of the contract changes by $2.
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• Mar 15, 2022 · 3 years ago
  The tick value for BTC futures is an important concept for traders. It represents the minimum price increment at which a trade can be made. It is calculated by multiplying the tick size by the contract size. For example, if the tick size is $10 and the contract size is 1 BTC, then the tick value would be $10. This means that for every $10 movement in the price, the value of the contract changes by $10.
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• Mar 15, 2022 · 3 years ago
  BYDFi offers BTC futures with a tick value of $5. This means that for every $5 movement in the price, the value of the contract changes by $5. Traders can take advantage of this tick value to profit from small price movements in the BTC futures market.
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