Tag: currency pair priced units

What Does Pips Mean In Crypto

What does pips mean in crypto? Pips is an acronym for Price Interest Point. In the foreign exchange market, pips refer to the fourth decimal place, or the smallest increment of price movement. For example, when the EUR/USD moves from 1.2345 to 1.2346, that movement would represent one pip. In the cryptocurrency market, pips can […]