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How does the tick value of micro bitcoin futures compare to other cryptocurrencies?

avatarMouritzen BeachDec 25, 2021 · 3 years ago3 answers

Can you explain the difference in tick value between micro bitcoin futures and other cryptocurrencies?

How does the tick value of micro bitcoin futures compare to other cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The tick value of micro bitcoin futures refers to the minimum price movement of the contract. It represents the smallest increment by which the price can change. In comparison to other cryptocurrencies, the tick value of micro bitcoin futures may vary depending on the exchange and the specific contract specifications. It's important to note that each cryptocurrency may have its own tick value, which can be influenced by factors such as market liquidity and volatility. It's recommended to check the contract specifications of each cryptocurrency to understand their respective tick values.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to the tick value of micro bitcoin futures compared to other cryptocurrencies, it's essential to consider the specific exchange and contract specifications. Different exchanges may have different tick values for micro bitcoin futures, as well as for other cryptocurrencies. Additionally, the tick value can also vary based on the specific contract specifications, such as the contract size and the price increment. Therefore, it's crucial to review the contract details provided by the exchange to accurately compare the tick values of micro bitcoin futures with other cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, offers micro bitcoin futures with competitive tick values. The tick value of micro bitcoin futures on BYDFi is designed to align with the market and provide traders with a fair and efficient trading experience. However, it's important to note that the tick value of micro bitcoin futures can vary across different exchanges and may be influenced by various factors. Traders should always refer to the specific contract details and consult with their preferred exchange to understand the tick value of micro bitcoin futures and how it compares to other cryptocurrencies.