• Adam at Digitex
    2
    A tick is the smallest price increment that a futures contract's price can move. Digitex futures markets have large tick sizes that reduce noise and facilitate short term, single tick scalping strategies. Large tick sizes also allow volatile markets like Bitcoin against the US Dollar to be displayed on a one click ladder trading interface without the price constantly flying off the top or bottom of the page.

    The tick sizes of the 3 Digitex futures contracts are as follows:

    BTC/USD (Bitcoin) Futures Contract
    Tick Size: $5
    This means that prices on the BTC/USD futures contract can only move up and down in increments of $5.
    Tick Value: 1 DGTX
    This means that every $5 movement on the BTC/USD futures contract is worth 1 DGTX. For example, a trader buys 1 futures contract at $10,600 and then sells 1 futures contract at $10,605, which is a 1 tick profit, which means he makes 1 DGTX token profit on the trade.

    ETH/USD (Ethereum) Futures Contract
    Tick Size: $1
    This means that prices on the ETH/USD futures contract can only move up and down in increments of $1.
    Tick Value: 1 DGTX
    This means that every $1 movement on the ETH/USD futures contract is worth 1 DGTX. For example, a trader buys 1 futures contract at $400 and then sells 1 futures contract at $403, which is a 3 tick profit, which means he makes 3 DGTX tokens profit on the trade.

    LTC/USD (Litecoin) Futures Contract
    Tick Size: $0.25
    This means that prices on the LTC/USD futures contract can only move up and down in increments of $0.25.
    Tick Value: 1 DGTX
    This means that every $0.25 movement on the LTC/USD futures contract is worth 1 DGTX. For example, a trader buys 1 futures contract at $96.25 and then sells 1 futures contract at $96.50, which is a 1 tick profit, which means he makes DGTX token profit on the trade.
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