What is DD Bitcoin Account Meaning?

DD Micro Bitcoin Trading Account

DD Bitcoin Trading Accounts

DD stands for dealing desk, these DD bitcoin trading account brokers have a dealing desk execution model where they can match orders and execute bitcoin order in the online bitcoin market.

The bitcoin trader trading with a DD bitcoin account will get a lot of requotes.

Dealing Desks will issue bitcoin traders with a lot of order re quotes, meaning bitcoin trading prices of orders are not real time and the cryptocurrency broker can requote a bitcoin trader's order if the bitcoin trading price of the btcusd market changes quick enough before the broker's dealing desk places the trading order online or before they match the order in online bitcoin market.

Dealing Desk accounts therefore means that order execution of cryptocurrency orders is not instant and therefore this execution model might mean that orders executed using a DD Bitcoin Account are not executed as quickly as when compared to an ECN bitcoin trading account or an STP cryptocurrency trading account.