What is Bitcoin Trading Account Type?
Bitcoin Trading Accounts Types - Bitcoin Trading Accounts are classified into various different cryptocurrency trading accounts types that are suited for different types of cryptocurrency traders.
The four cryptocurrency trading account types are:
- Standard Bitcoin Trading Account
- Mini Bitcoin Trading Account
- Micro BTCUSD Trading Account
- Nano BTCUSD Trading Account
Standard Bitcoin Trading Account Type - standard cryptocurrency trading account is suitable for experienced bitcoin traders who have an initial deposit capital of more than $10,000. Standard bitcoin trading account trades using bitcoin trading standard lots. Bitcoin Trading standard lots the profit per one pip is equal to $10.
Mini Bitcoin Trading Account Type - mini cryptocurrency trading account is suitable for bitcoin traders who want to trade in smaller bitcoin trading contracts called mini lots instead of trading with the standard crypto lots. Mini cryptocurrency trading accounts are suitable for investors who have an initial deposit capital of between $1,000 and $5,000 dollars. The mini bitcoin trading account trades using bitcoin trading mini lots. Bitcoin Trading mini lots the profit per one pip is equivalent to $1.
Micro Bitcoin Trading Account Type - micro cryptocurrency trading account is suitable for beginners and it's suitable for bitcoin traders who have initial deposit of between $250 & $500. Micro bitcoin trading account trades using micro lots which are smaller than mini lots. The micro bitcoin trading account trades using micro lots. The micro lots profit per pip for this cryptocurrency accounts is calculated as $0.1.
Nano Bitcoin Trading Account Type- nano cryptocurrency trading account is also suitable for beginners and it is suitable for traders who have initial deposit of between $50 & $100. Nano bitcoin trading account trades using nano lots which are smaller than micro lots. The nano lots are also called cent lots because the profit per pip for this cryptocurrency trading accounts is calculated in cents. Nano cryptocurrency trading accounts are also called bitcoin trading cent bitcoin trading accounts.
