Bitcoin Forum

Maybe you can try the simulation trading first,I don't think it's that complicated.You can experience simulation contract trading without any cost.
I found there was a exchange has launched ETH / SUSDT, EOS / SUSDT, SBTC / USD and BTC / SUSDT simulation trading pairs.

https://www.bitget.cc/en/

I have also heard about cryptocurrency simulation trading. A lot of people joined. I like this application. It teaches me how to trade different cryptocurrencies without spending a penny. And they also have reward system 👍👍🙂 like it !.

Is this like a normal crypto demo trading ? What does the  capital S represent, by the way? Stimulated?  This is probably my first time of seeing the website. Unfortunately, I won't try it yet until am sure it is safe to use.
Meanwhile, I have bookmarked it for possible use in the future.

I bet you didn't find that site, you made that.

Well, haven't check the site at the moment but in my opinion a trading simulation is good to understand how it works. But just don't take it serious, we often take profit easily in simulation but in real trading it is not that easy.

I think that trading simulation should only be used to learn about the features of trading, not to use it as a method to learn trading. Trading simulation does not create psychological pressure like real trading, so you can have very good results with simulated trading but when the real trading results are very bad.

No, I haven’t tried this and just seems too risky for me. I won’t really be too keen to suggest it to anyone or even do it myself. This obviously is dependent on our comfort levels, but I am for sure no fan of this thing at all.

I think S means Simulation.

I have checked the site and did search on google.

Well, this is just another trading site that offers everyone a trading simulation or a demo. Nothing's actually great since the exchange isn't really popular. Also, I found bitget.com and it looks the same. Now, I have a question are they really the same or the one OP posted is a duplicated one?

Umm..

Are margin trading and contract trading trending? I found a lot of new and old exchanges that introduced this feature, many developed it very badly, it seemed that they just wanted to make money from traders quickly.

At these exchanges, they cannot afford to make the best of the demo mode. because their volume is very low and the command set will be incorrect. We should look for exchanges with large volumes and many people have traded there, the practice will become easier and have a more realistic experience. For example, you can try demo trading at Bingbon, Snapex on cryptocurrency pairs. they work very prestigious and I trade and withdraw very quickly.

why you pretend to be a trader who is finding a good exchange, aren't you part of that site, I see your conversation history often promotes the exchange of a contract that is likely your exchange, why don't you come clean when you are promoting your exchange, whether contract trading is like binary trading ?

I don't have such experience before, and I still prefer to do regular trading in binance, bittrex, and other exchanges. Besides that, I think that exchange is a new exchange which offers a different experience to traders but right now, I don't want to try the new exchange. But if someday, that exchange can have many good reviews from the traders, I guess I will try to use that exchange, and I hope that the site can offer the other services to me or the website can give a bonus as a start to new members ;D

Yes, I agree with your point that each time any individual go for demo trading, he/she should look for the volumes because lower volume exchanges might not actually show us the exact prices as any huge buy or sell order might ruin the prices over there. Such exchanges are not good for the individuals who have recently started with trading as it might misguide them and they might consider trading that easy as the exchanges present them.

There have been a number of exchanges which offer trading simulation and which actually gives us the actual knowledge about trading. You can find few of those simulators over here: https://blocksdecoded.com/cryptocurrency-trading-simulators

To be honest, simulation trading is only good for people who are new trading because it will raise their confidence to try and learn more about trading that they don't need to be afraid from the high risk of doing trading. But i suggest if a person is interested to do trading he/she should go for regular trading instead of simulation trading for more better experience and it was in a different way.

Is there any difference with margin trading or not? and it's really hard to use the exchange you've provided because I've never seen your exchange before and it looks like your exchange has just been established. I will not risk using this exchange until it is verified as safe for everyone

I heared this kind of trading but I dont ever try this contract trading can I know the benefits of this trafing?
First I noticed that the site was laggu or maybe not compatible to my web browser will analyze first the situation and be back for the result.

Isn't simulation trading similar to paper trading. Also in paper trading we can make quick moves and understand the markets without actually spending a penny. These kind of techniques are good if we want to learn about trading and also they are a best head start for newbies hooping into the trading markets.

Peoples usually find trading much simple but once they actually move onto trading, they land up into looses so simulation trading or paper trading might be a better solution for those to test their trading strategies first before actually starting with trading. Trading is a subject to market risk and also peoples do have excess looses in trading if they handle trading that lightly.

Why it's called contract trading? This is my first time hearing such a name.
The market between real trading and the simulation is the same?
How about company's legalization? I can't find company profile and team information, or maybe I  missed it.