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What are the advantages of using smaller lot sizes when trading digital currencies?

avatarDeejay CastilloDec 16, 2021 · 3 years ago1 answers

Why is it beneficial to use smaller lot sizes when trading digital currencies? How does it affect the trading process and outcomes?

What are the advantages of using smaller lot sizes when trading digital currencies?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we believe that using smaller lot sizes in digital currency trading can provide significant benefits. By trading in smaller lots, you can diversify your portfolio and reduce the risk associated with larger positions. This approach allows for better risk management and can help protect your capital in volatile markets. Additionally, smaller lot sizes can attract a broader range of traders, leading to increased liquidity and tighter spreads. So, if you're looking for a more controlled and efficient trading experience, consider the advantages of using smaller lot sizes with BYDFi.