What is a Micro Lot in Bitcoin Trading for Micro Bitcoin Trading Account?

Definition of What is the Lot Size for Bitcoin Trading Micro Lots

1 Micro lot is the equal to one hundredth of the standard crypto lot - Lot size for Micro lots is therefore equal to one hundredth of the standard crypto lot

Micro lot is equal to one hundredth of standard crypto lot. The micro lot volume in trading is therefore specified as 0.01 on the bitcoin trading platform.

To Specify a Micro Lot for trading in MetaTrader 4 bitcoin Platform, use the MT4 open crypto orders guide explained below:

To set these cryptocurrency orders on the MT4 Platform: open MT4, open a "bitcoin chart", right click on the "bitcoin chart', choose 'New Order' & then select order either sell or buy as shown below. (Short Cut Keyboard Keys - Press F9 Key). Select The Bitcoin Trading Symbol you want to trade & then below the cryptocurrency Quote, Choose the trade 'Volume' as 0.01 to specify Micro Lot.

How to Open a Crypto Micro Lot in MetaTrader 4 Micro Crypto Trading Account

Micro Bitcoin Trading Account Definition - the definition of a bitcoin trading micro cryptocurrency account is an account type where bitcoin traders open trades using micro lots. 1 Micro lot is the equal to one hundredth of standard crypto lot.

The Micro bitcoin trading account allows many retail cryptocurrency traders to access the btcusd trading market because with this btcusd trading account cryptocurrency traders can trade smaller crypto lots referred to as micro lots therefore the capital needed to open this micro cryptocurrency account isn't a lot as that required for opening a standard cryptocurrency trading account.