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What are the most recommended platforms for paper trading cryptocurrencies?

avataramarDec 16, 2021 · 3 years ago3 answers

I'm interested in paper trading cryptocurrencies to practice my trading skills without risking real money. Can anyone recommend some reliable platforms for paper trading cryptocurrencies?

What are the most recommended platforms for paper trading cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! One of the most recommended platforms for paper trading cryptocurrencies is TradingView. It offers a wide range of technical analysis tools and allows you to simulate trading with virtual money. Another popular option is eToro, which not only provides paper trading but also allows you to connect with other traders and copy their trades. Both platforms are user-friendly and provide a realistic trading experience.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking for a more professional platform, you might want to consider using BitMEX Testnet. It's a simulation environment provided by BitMEX, a well-known cryptocurrency derivatives exchange. The Testnet allows you to trade with testnet Bitcoin and experience the same trading interface as the real exchange. It's a great way to practice trading strategies and get familiar with the platform before trading with real money.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi is another platform that offers paper trading for cryptocurrencies. It provides a user-friendly interface and allows you to simulate trading with virtual funds. BYDFi also offers a wide range of trading pairs and advanced trading features. It's a great platform for beginners to practice trading strategies and get a feel for the market without risking real money.