Bitcoin Forum

Hi guys! Could you please recommend me game/simulator etc where i can try to trade on cryptocurrency markets? I want to invest to crypto, but i need more practice in it. Any ideas? ???

Hitbtc has a demo trading account which provides you with some demo Bitcoin and Litecoin for practice purposes.
You don't even have to register to be able to use it.

Check it out here:
https://demo.hitbtc.com/exchange

I think SimpleFX has demo accounts.

A lot of Forex platforms, if not all, have the option to have a Demo account.
At least the ones related to crypto, as i know like Whaleclub or 1Broker and of course SimpleFX.

Actually there is no precise technic to trade on crypto, all must be the same thing, you just need to have some luck when you do some trading. There is no point wasting your time on practice while you can directly play on your own risk. You can start small if you want to learn but using real money is much better than practising using fake money

Btw this is a new site I think, try IQoption, you can try the demo version and real version too

I think you should use forex trading first before going into crypto so you know what you are getting into.
There are plenty of companies offering this and with demo dummy trading accounts for a limited time for you to try it out before you sign up for one.

Good luck! :)

Just try it with some cheap coins so that you know how it works :)

Are you comfortable/familiar with setting software/scripts on your pc? you can create a vm with ubuntu/windows on it and test/use simulator available on github.

https://github.com/askmike/gekko
https://github.com/thuss/poloniex-trader

Why forex trading must be first? Much more volatility into crypto trading or other issues?

Unfortunately, I have never created a vm and it seems to be quite hard. Looks like I should also learn scripts besides trading, not sure I have time for it right now:) But thank you anyway.

Thanks a lot!
To your mind, what is the difference between them and could you advice the best one? May be one of them is more easy to use or has any other advantages.

This is cool ! I didn't even know about this. Hitbtc has a huge advantage over their competition by having practice accounts. I didn't even know the crypto world had any. Thanks I will check that out and play around. Will be fun. Someone should make a thread about the simulator I think.

I didnt even tried to make use of Whaleclub but on 1Broker i have tried it and its quiet user-friendly and you can easily make use of the site even if you are a complete beginner and SimpleFx is quiet complicated if you dont know how to read the signs or definitions but its also a good place on practicing since they do have demo account and i did practice there on trading too. Just choose on the platform which would really suits you.

CoinMarketGame is a crypto exchange simulator: https://coinmarketgame.com/

The hitbtc one is down but don't know how long. The one you linked to only allows you to make market orders and not set specific prices to buy and sell at.

Why do you need a simulator? You can start trading in insignificant amounts, gaining practice to increase them. Look at the stock exchanges for the size of the minimum bet.

I tried LiteForex and they also allow demo trading accounts with the leverage you want, choose the least if you're interested in trading cryptocurrencies only. They don't offer many cryptocurrencies to be traded there but for the purpose of practice, you can use them as they also provide good articles to understand the basic patterns of market.

You could even try somewhere like Etoro.com - they have a virtual money trading platform and have just recently started allowing bitcoin trading on there. It is good that you are learning with fake money, but do not assume there is any rhythm or strategy to be made. It is not necessarily like the stock markets, because they are more predictable based on company profit and loss.

I think bustabit and meckabit are good examples. I am not sure what you mean by 'cryptocurrency trading' simulation, but these websites offer games based on stock market simulation. You place initial bet, the round starts and you see the chart showing the price going up. What you need to do is sell before it is busted. It is like a superfast simulation of trading with a bit more risks, for in real life the price usually goes down slowly, so you can still make profit even if you missed the moment with the highest price.

I wouldnt advise training on demo accounts. First the numbers can be altered easily to envourage you trading with real money. Second most demo account wont take fees into account! Fees are extremely important because that means youll have to lose 1% of your trade value each time you make a trade! That means you need at least 2% of gains from the moment you take a position just to compensate the fee and the spread...

You want to train? Train with real money but small amount and try to double your account ;)

Most of the forex brokers that accepts bitcoin and others cryptocurrency do provide you with practice account were you can develop your skills and knowledge on trading. Bitcoin has been listed on fxtime trading platforms and simplex. Hitbtc also provide you with demo account were you can learned how to trade without even having account with them. I don't not know any gambling site that allow that but many forex brokers provide that.

1% fee deducted everytime you trade? This is ridiculous just to take that huge amount for one time trade. I do not want to trade on that site for sure. Usually big site offer 0.3-0.5% per trade and some time they do not even place any fee except for buying directly without waiting

Actually this is true for bitcoin any amount can get profit because there is no limit mean while for real money this is serious problem because you need to have some limit before you can open the account

Check whaleclub.co
They have demo trading. And the UI looks pretty good.
Worth a look.

Cryptocurrency trading is hard to simulate due to its volatility unlike forex trading where simulation and practice trading is almost identical to real time trading, unless if you have an experience in forex trading before then cryptocurrency trading will not be hard for you. Better option is the buy low sell high strategy or just riding the waves when you are new to crypto trading, only put a little money on it to test the water.

It's worked with HitBTC man, try it.

I just launched my exchange simulator.  https://www.cpaytoday.com (https://www.cpaytoday.com) just click the load in browser, or download app button.  Facebook login/email login - no email verification, only needed for password recovery so fee free to enter anything.

Will be launching a live exchange and payment system for it as well.

If you don't want to spend real money, you can try out Altcoin Fantasy.

From their site:

Altcoin Fantasy is a cryptocurrency play platform where users learn to trade cryptocurrencies risk free. Users start with $100,000 virtual USD, and make trades during the contest period. At the end of the contest, the players with the most net worth will win actual crypto!

They offer $150-200 USD to the winners every week. I haven't won yet but from what I heard in their user chat they pay out to the winners within 48 hours.

Altcoin Fantasy - Crypto Trading Market Game (https://altcoinfantasy.com)

i recommend this site : https://coins2learn.com/

As one would expect, this isn't a live exchanging graph. What it provides, in any case, is a recorded chart of Bitcoin value developments which enables clients to analyzing patterns. It likewise demonstrates that offering for minor benefits isn't the main feasible technique at all. A couple of moments with this test system, it ends up apparent that holding Bitcoin for a couple of days or weeks additionally prompts huge benefits.

Guys, check out https://altcoinfantasy.com -- Free Crypto Trading Game/Simulation with hundreds of dollars as prizes! Every week is a different contest and they run different contest types -- last week you can only trade with the coins that Binance supports, and this week you can only trade the coins that Poloniex support. Really fun and they also have native apps. Top 10 wins something each week.

check out www.kingofcoin.io -- compete with an active user base with live currency prices!

In regards to a crypto trading simulator to learn on try www.Niffler.co which is about to launch and built for exactly your needs as a newbie and/or experienced trader. Best part is, it's FREE.

More info:

Learn Crypto Trading Without The Risk
Niffler.co lets you practice SIMULATED crypto trading without risking your capital. Once you get good at it, earn money by teaching others!

Think of it as Coinbase meets Patreon without the risk!

www.niffler.co

Cryptoground provides one such tool. I've tried and tested the simulator, and it's actually good and feels very real to cryptocurrency exchanges like Binance, Poloniex, etc. It's entirely risk-free as fiat currency isn't used. I learned a bunch of crypto trading aspects like stop-limit, open order, etc. from this simulator. And the best part is they have some competitive games as well where winners can win cash prices.

Try for yourself here: https://www.cryptoground.com/games

Beside demo account of HitBTC , you can also use demo account in MT4 platform, now many broker offer pair crypto in their platform. Some of that broker is FXopen, Weltrade and Simple Fx, by use this platform you can learn how to trade crypto and possible to make profit from long and short potition.

I don't think that there is any. You can invest very tiny amount or just paper trade until you will get comfortable and confident.

Now at the Forex Club, if I'm not mistaken, you can trade in crypto currency. Open a demo account and go for it.

I tried Bitcoin trading simulator (https://bitcoinflip.app). I like that they have app app and online platform at the same time. The only disadvantage is that app supports 18 cryptocurrencies, but online platform 24 :(

I developed a web app for simulation of crypto trading.
The idea is to have a tool for begineers.
What do you think about it?
Greetings from Argentina.
https://simulex.com.ar/ (https://simulex.com.ar/)

I always try trading in this site with the demo account its pretty fun if youre just a starter to learn the basic trading especially in forex and cryptocurrency, the good thing about this site is you can trade easily after you decided to trade live and earn real money in crypto https://dapp.spectre.ai/dashboard

Love to test out some more trading practice here but seems the like does not give access to registering, just logging in. Is there a link to register?

I've been using https://altcoinfantasy.com to test out some of my trades. The Android app isn't great but the web version is pretty good.

We have developed a real time, risk-free, paper trading platform, you can try your strategies and get trading analytics:

Cryptocurrency Trading Simulator (https://trading.auctus.org)

Currently available simulators Binance, Bitfinex, Poloniex & Bittrex - https://f1coins.com/simulator/

I hope the OP will not confuse to try one by one of the website because I see there are too many websites he can try. Although that is the only simulator, I am sure that he will get something and I hope that we can expect him to increase his skills before he does the real trading. But I think he will need to try with the real cryptocurrency trading and not just to try with the simulator because he will know what he needs to do if the market goes to increase or decrease.