Suppose you decided to try yourself in crypto trading and have learned about the crypto market, assets, strategies for trading, and all other educational material on this industry. Then when it’s time to practice, you don’t know what to begin with. You experience fear and lack the confidence to put funds on an exchange and press “Trade”. This is a normal human emotion, and we know how to cope with them. We offer to practice crypto trading using a demo account.
Trading cryptocurrency for beginners is a challenging thing. In addition to fear of losing money, you might not know all the pitfalls of this or that trading strategy and may just overlook some great opportunities to make a profit. Crypto demo trading is exactly for those who only begin their journey to the crypto world.
The Reasons To Try Demo Crypto Trading
- You don’t risk losing your money. When you practice on a demo account, you use domestic exchange coins designed specifically for demo trading. You can’t lose real money when practicing crypto demo trading, so you can be more relaxed and confident and focus on the main thing – the strategy.
- When working on a demo account, you receive valuable knowledge on acting in this or that situation and reacting to market fluctuations.
- If you want to try a new strategy, you may first try it on a demo account and see how it works. You will find all the pitfalls and weaknesses of the strategy and receive a priceless experience.
- You learn to trade with a cool head and not allow emotions to guide you. Emotions are not your friends when it comes to trading.
- Demo crypto trading allows you to study the asset better and see how it behaves amid mareket changes.
On the WhiteBIT exchange, you will find one of the most user-friendly interfaces for demo crypto trading.