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Questions tagged [lot size definition]

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Federico Federico Sun Dec 01 2024 | 6 answers 1111

What is a 0.01 lot size in Bitcoin?

I'm trying to understand trading Bitcoin and came across the term '0.01 lot size'. I want to know what this means in terms of Bitcoin trading and how it affects my trades.

What is a 0.01 lot size in Bitcoin?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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