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Spreads Calculating for Cryptocurrency

521 views 0 August 10, 2023

Example: BTCUSD

Formula = [spread * (contract size*(10 ** -digit) * lot) ] * rate account currency

Spread for BTCUSD 3,000 points

Contract size = 1

Digit = 2

Lot size = 1

Rate account currency = 1

Formula for 1 Lot = (1*0.01*3000)*1= 30, The spread is $30

Example: ETHUSD

Formula = [spread * (contract size*(10 ** -digit) * lot) ] * rate account currency

Spread for ETHUSD 3,000 points

Contract size = 1

Digit = 2

Lot size = 1

Rate account currency = 1

Formula for 1 Lot = (1*0.01*3000)*1= 30, The spread is $30

Example: LTCUSD

Formula = [spread * (contract size*(10 ** -digit) * lot) ] * rate account currency

Spread for LTCUSD 74 points

Contract size = 1

Digit = 2

Lot size = 1

Rate account currency = 1

Formula for 1 Lot = (1*0.01*74)*1= 0.74, The spread is $0.74

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