Hey there — I’m no stranger to trading. I trade Forex and Futures. I’m also not a complete newb to cryptocurrency in general, but I am when it comes to actively trading it.
To me, it just seems like Forex but with crypto and I’d really like to start building up my crypto holdings by « trading up » my account rather than solely just converting cash into crypto over time.
What is confusing me a little bit is lot sizing, leverage, and the right brokers to use.
I was eyeing [CryptoAltum](https://cryptoaltum.com/) if anybody has experience with that?
Although I’d prefer something I can trade with Tradingview (my preferred charting / execution platform).
Aslo — lot sizing.
With Forex it’s pretty simple…
1,000 = micro-lot (approx. 10 cents per pip value on majors)
10,000 = mini-lot (approx $1 per pip value on majors)
100,000 = standard lot (approx $10 per pip value on majors).
But how is lot sizing determined with Crypto pairs?
I’m interested in trading crypto-against-crypto (for example LTC/BTC).
Is there an online calculator somewhere where I can easily determine the value per pip (or « tick »?) based on leverage and lot size?
Sorry if this has been answered a bazillion times.
Source : https://reddit.com/r/CryptoCurrency/comments/i2qcfy/forex_trader_looking_to_start_trading_crytpo_as/