What is a Cent Lot in Bitcoin for Cent Bitcoin Account?
Definition of What is Lot Size for Bitcoin Cent Lots
1 Cent bitcoin lot - Lot size for Cent lots is equal to one thousandth of base bitcoin lot
The Cent lot is equivalent to one tenth of Micro crypto lot. Cent lot volume in trading transaction is therefore specified as 0.01 on the bitcoin software.
To Specify a Cent Lot for trading on MT4 bitcoin trading Software, use the MetaTrader 4 open crypto orders tutorial explained below:
To set these orders in the MT4 Software: open MT4, open a "btcusd chart", right click on "btcusd chart', select "New Order" & then select order either sell or buy as illustrated below. (Short Cut key-board Keys - Press F9 Key). Select The BTCUSD Crypto Currency Quote you want to trade & then below the crypto Symbol, Select the trade "Volume" as 0.001 to specify Cent Lot.
How Do I Open Crypto Cent Lot in MT4 Cent Account
Cent Bitcoin Account Definition - the definition of a bitcoin trading Cent cryptocurrency account is an account type where bitcoin traders place trades using Cent lots. 1 Cent lot is equivalent of 100 units of the base lot of bitcoin crypto.
The Cent bitcoin account allows many retail traders to access the btcusd trading market because with btcusd account traders can trade smaller lots known as Cent lots hence capital needed to open this Cent account isn't a lot as that required for opening a standard account.
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