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What are the best platforms for practicing cryptocurrency trading similar to thinkorswim?

avatarJustus BraitingerDec 16, 2021 · 3 years ago7 answers

I'm looking for platforms that offer a similar experience to thinkorswim for practicing cryptocurrency trading. Can you recommend any platforms that provide advanced charting tools, real-time market data, and a paper trading feature?

What are the best platforms for practicing cryptocurrency trading similar to thinkorswim?

7 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure, if you're looking for a platform similar to thinkorswim for practicing cryptocurrency trading, you might want to check out TradingView. It offers advanced charting tools, real-time market data, and a paper trading feature. You can create watchlists, set up alerts, and even collaborate with other traders. It's a great option for both beginners and experienced traders.
  • avatarDec 16, 2021 · 3 years ago
    If you're into technical analysis and want a platform similar to thinkorswim, you should definitely give Coinigy a try. It offers advanced charting tools, real-time market data, and a paper trading feature. Coinigy also integrates with multiple exchanges, so you can trade on different platforms from one place. It's a popular choice among cryptocurrency traders.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi is another platform that provides a similar experience to thinkorswim for practicing cryptocurrency trading. It offers advanced charting tools, real-time market data, and a paper trading feature. With BYDFi, you can simulate trades without risking real money and improve your trading skills. It's a great option for beginners who want to learn and practice trading strategies.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking for a user-friendly platform with advanced charting tools and a paper trading feature, you should consider using eToro. It's a social trading platform that allows you to follow and copy the trades of successful traders. eToro also offers a virtual portfolio for practicing trading strategies. It's a great option for beginners who want to learn from experienced traders.
  • avatarDec 16, 2021 · 3 years ago
    For those who prefer a more hands-on approach to practicing cryptocurrency trading, Binance offers a paper trading feature on its platform. While it may not have the same advanced charting tools as thinkorswim, it provides a realistic trading experience with real-time market data. Binance is one of the largest cryptocurrency exchanges and offers a wide range of trading pairs.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking for a platform that offers a similar experience to thinkorswim, you might want to try BitMEX. It's a popular cryptocurrency derivatives exchange that provides advanced charting tools, real-time market data, and a paper trading feature. BitMEX is known for its leverage trading options and is a favorite among experienced traders.
  • avatarDec 16, 2021 · 3 years ago
    If you're interested in margin trading and want a platform similar to thinkorswim, you should consider using Kraken. It offers advanced charting tools, real-time market data, and a paper trading feature. Kraken is one of the oldest cryptocurrency exchanges and has a good reputation in the industry. It's a great option for traders who want to practice trading with leverage.