JG PraudDec 28, 2021 · 3 years ago2 answers How does the value of 10 pips in forex compare to the value of 10 pips in popular cryptocurrencies?
In the world of trading, the concept of pips is widely used to measure the price movement of various financial instruments. Pips, short for 'percentage in point', represent the smallest unit of price change in a currency pair or a cryptocurrency. When it comes to forex trading, 10 pips can have a significant impact on profits or losses. But how does the value of 10 pips in forex compare to the value of 10 pips in popular cryptocurrencies?