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What is a Cent Lot in Bitcoin for Cent Bitcoin Account?

Definition of What is Lot Size for Bitcoin Cent Lots

Defining a 1 Cent Bitcoin Lot - The Lot size associated with Cent lots equals one-thousandth (1/1000) of a standard base Bitcoin lot.

The Cent lot is equivalent to one-tenth of a Micro crypto lot. In trading transactions, the Cent lot volume is specified as 0.01 in the trading software.

To Specify a Cent Lot for trading on MT4 bitcoin trading Software, use the MetaTrader 4 open crypto orders tutorial explained:

To place these instructions within the MetaTrader 4 Software Platform: launch MetaTrader 4, bring up a "btcusd chart," right-click on the "btc/usd chart," navigate to "New Order," and subsequently select either a sell or buy order, as illustrated below. (A keyboard shortcut for this is pressing the 'F9' Key). Next, pick the BTCUSD quote you wish to trade, and beneath the crypto symbol, set the trade transaction "Volume" to 0.001 to signify a 1 Cent Lot.

How Do I Open a Bitcoin Cent Lot in MT4 Cent Bitcoin Account?

How Do I Open Crypto Cent Lot in MT4 Cent Account

Cent Bitcoin Account Meaning - A cent BTCUSD account lets traders use cent lots for bitcoin. One cent lot equals 100 units of the base bitcoin lot.

Cent accounts enable retail traders to access the BTCUSD market with smaller lot sizes known as Cent lots. This allows for lower capital requirements compared to a standard account.

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