What is STP Bitcoin Account Explanation?
STP Micro BTCUSD CryptoCurrency Account
STP Bitcoin Accounts
STP Bitcoin Account stands for STP, the STP Bitcoin Account brokers will send their clients' orders direct to their Bitcoin Trade Liquidity Provider, the BTCUSD CryptoCurrency Liquidity Provider is a big bank with deep liquidity required to trade in inter-bank network market.
An STP Bitcoin Account provided by an STP broker can either have one Bitcoin Liquidity Provider or many Providers.
Best thing about STP Bitcoin Accounts is that traders can place their cryptocurrency trade positions immediately with instant execution because they have access to inter bank market through their STP online broker.
STP Bitcoin Accounts will not charge commissions, but will charge spreads on crypto trades. Because Crypto traders have access to the inter bank markets execution, there's no requotes on the orders neither any trade order waiting for execution, the trade order execution is instant.
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