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Trading in ordinary and micro Bitcoin
09 Jun 2021 (343 views)


Most people find trading in Bitcoin to be highly risky.

I agree. The Bitcoin contract size is very big. Each contract has a value of 5 bitcoin, i.e. US$175,000.

Bitcoin is volatile and can move 10% in a day. That means a gain or loss of $18,000.

There is another contract called the micro Bitcoin contract. It has a contract value of 0.1 bitcoin, i.e. $3,500. A 10% move is $350. That is more manageable.

I used to trade micro Bitcoin (code MBT) before I move to the ordinary Bitcoin (BTC). I trade in the Nova platform operated by Phillips Futures.

Tan Kin Lian


Trading in ordinary and micro Bitcoin
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Most people find trading in Bitcoin to be highly risky.

I agree. The Bitcoin contract size is very big. Each contract has a value of 5 bitcoin, i.e. US$175,000.

Bitcoin is volatile and can move 10% in a day. That means a gain or loss of $18,000.

There is another contract called the micro Bitcoin contract. It has a contract value of 0.1 bitcoin, i.e. $3,500. A 10% move is $350. That is more manageable.

I used to trade micro Bitcoin (code MBT) before I move to the ordinary Bitcoin (BTC). I trade in the Nova platform operated by Phillips Futures.

Tan Kin Lian