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Spreads Calculating for Cryptocurrency

603 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 ** – ndigit) * 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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