Bit & Crypt empower traders by granting them access to a pip calculator. Forex traders use this tool to accurately calculate the value of their trades in pips. With this user-friendly tool, traders can calculate the result of a potential trade using the base currency of their Bit & Crypt trading account. As such, this will make it easy to determine the potential reward and risk to be incurred from executing a particular trade.
The Bit & Crypt pip calculator supports numerous base currencies, including the USD, EUR and GBP. It also supports numerous currency pairs.
Here are the four steps to help you calculate the value of a potential trade:
- Choose the number of lots you want to trade
- Select your trading currency pair such as the EUR/USD
- Select your base currency
- Click the button labeled "Calculate."
The Bit & Crypt pip calculator will calculate and display the value of a potential trade, empowering you to make more accurate trading decisions.