BTCUSD Pip Value Calculator

Knowing what one point of BTCUSD is actually worth, before you size a trade, is what this calculator answers — using BTCUSD's own real contract size and point value rather than a flat forex assumption.

How do I calculate pip value for BTCUSD?

At BTCUSD's stored contract size (1 units per lot), here's what one point of movement is worth at three common lot sizes.

Say a trader opens 1.00 lot of BTCUSD, with a stop loss 324294 points away and a take profit 648588 points away.

Why does pip value change between instruments?

Pip/point value depends on an instrument's own contract size convention and current price, not a universal rule. BTCUSD is worth $0.01 per point per lot at its stored contract size — a different contract size (common across brokers for crypto) would scale that figure directly.

Why is pip calculation different for non-standard-decimal instruments like this one?

Most forex majors use a 4-decimal pip convention, but plenty of instruments don't: JPY pairs use 2 decimals, and BTCUSD uses its own quoting convention (one point here equals a raw price move of 0.01). This calculator uses BTCUSD's own real pip/point size rather than assuming the generic 4-decimal convention, which would silently miscount the move.

What one point means on BTCUSD

On this site's defaults one lot is one bitcoin, so one lot gains or loses the full dollar move, and a 1,000 dollar move is a 1,000 dollar change per lot.

On this site one point for BTCUSD is 0.01 in price. If BTCUSD rose from 80,000.00 to 81,000.00, the move is 1,000.00 ÷ 0.01 = 100,000 points.

How the value per point is calculated

For one lot: 0.01 × 1 = $0.01 per point for 1 lot, already in US dollars. Everything below uses $0.01 per point for 1.00 lot.

BTCUSD value per point at common lot sizes

• 1.00 lot: 1.00 × $0.01 = $0.01 per point.
• 0.10 lots: 0.10 × $0.01 = $0.001 per point.
• 0.01 lots: 0.01 × $0.01 = $0.0001 per point.
• 5.00 lots: 5.00 × $0.01 = $0.05 per point.

Value per point grows in direct proportion to lot size, so doubling the lots doubles both the gain and the loss for every point price moves.

Worked example: what a stop costs on 0.30 lots of BTCUSD

• Entry 80,000.00, stop 79,000.00: the distance is 100,000 points.
• Value per point on 0.30 lots: 0.30 × $0.01 = $0.003.
• Money at risk if the stop is hit: 100,000 × 0.30 × $0.01 = $300.00.
• Spread of 8,000 points (an invented figure for this example): 8,000 × 0.30 × $0.01 = $24.00, which is 8% of the stop distance.

Spreads can widen sharply in fast or thin markets. On a 100,000 point stop the spread above takes 8% of the room before price moves at all, and on a stop half as wide, 50,000 points, it would take 16%.

Risk at other stop distances on 0.10 lots

• 50,000 points: 50,000 × 0.10 × $0.01 = $50.00.
• 100,000 points: 100,000 × 0.10 × $0.01 = $100.00.
• 200,000 points: 200,000 × 0.10 × $0.01 = $200.00.
• 400,000 points: 400,000 × 0.10 × $0.01 = $400.00.

Each doubling of the stop doubles the money at risk on the same lot size, which is why a wider stop needs a smaller position to keep the risk the same.

Working backwards: how far can the stop be?

Sometimes the lot size is fixed and the question is how wide the stop may be. Say you hold 0.10 lots of BTCUSD and will risk $100.

• Value per point on 0.10 lots: 0.10 × $0.01 = $0.001.
• Stop distance: $100 ÷ $0.001 = 100,000.0, rounded down to 100,000 points.
• Check: 100,000 × 0.10 × $0.01 = $100.00, inside the $100 budget.
• In price terms, 100,000 × 0.01 = 1,000.00, so a buy at 80,000.00 would have its stop at 79,000.00.

If that stop is too tight for how BTCUSD actually moves, the answer is fewer lots, not a stop that sits inside the normal noise. The BTCUSD lot size calculator does that step for you.

Does the value per point change?

No. BTCUSD is quoted in US dollars, so the value per point is fixed at $0.01 per lot whatever price does, and it will not drift between the time you size a trade and the time you close it.

Verify the BTCUSD point value with your broker

The contract size of 1 and the point size of 0.01 are reference values. Brokers can define a point or pip differently and quote an extra decimal, so compare $0.01 per point with the tick value in your platform's contract specification. For background on the instrument, see Bitcoin on Wikipedia.

Where to find the BTCUSD value in your platform

• Open the contract specification for BTCUSD (in MetaTrader, right-click the symbol in Market Watch and choose Specification).
• Check the contract size: this page assumes 1.
• Check the tick size and tick value, then scale to one point of 0.01 if they differ.
• Compare the result with $0.01 per point per lot; a gap of more than a few percent usually means a different contract size or a different conversion rate.

More tools for BTCUSD

• Turn a risk amount and a stop distance into a lot size with the BTCUSD lot size calculator.
• See how much margin that position ties up with the BTCUSD margin calculator.
• Work out the result of a finished trade with the BTCUSD profit and loss calculator.
• Compare risk and reward before entering with the BTCUSD risk reward ratio calculator.
• Mark support and resistance from yesterday's range with the BTCUSD pivot points calculator.
• Compare a similar instrument: ETHUSD pip value calculator.
• Compare a similar instrument: XRPUSD pip value calculator.

Conclusion

This only holds if 1 units per lot is actually your own broker's real contract size for BTCUSD — it's a figure that varies by broker, especially outside plain forex majors. Always confirm your own platform's BTCUSD specification (Market Watch, then Specification) before trusting a pip/point value for a real trade. See the difference between points and pips, Wikipedia's entry on percentage in point (pip) for the underlying concept, and real MT4 screenshots comparing pip value across different lot sizes.

Contract specification

Frequently asked questions