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Best demo accounts for learning cypto trading

  • Thread starter Thread starter Debashis
  • Start date Start date

Debashis

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Which are the top few demo accounts where people like me who are new to crypto, can learn how to trade using it?
 
All demo accounts are the same. You will have access to free funds which you can't withdraw from your successful trades when you're learning. The account gives you access to real time market for your studies and they are same result with using a live account in the same trading results.
 
Ja sa bong said:
All demo accounts are the same. You will have access to free funds which you can't withdraw from your successful trades when you're learning. The account gives you access to real time market for your studies and they are same result with using a live account in the same trading results.
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Still can you suggest one for me to begin with. I'm not at all aware of what all are available.
 
Debashis said:
Still can you suggest one for me to begin with. I'm not at all aware of what all are available.
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You can download MT5 or MT4 trading application. You can trade both cryptocurrency and forex using MT5 and only forex with MT4. If you install the application, you will create an account and see how to create for a demo account. It's quite easy, you're not going to find it difficult.
 
Ja sa bong said:
You can download MT5 or MT4 trading application. You can trade both cryptocurrency and forex using MT5 and only forex with MT4. If you install the application, you will create an account and see how to create for a demo account. It's quite easy, you're not going to find it difficult.
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Sure!! I'll give it a try. I'll go with MT5 then since it offers a learning platform for both crypto and forex. Thanks! 😊
 
Debashis said:
Sure!! I'll give it a try. I'll go with MT5 then since it offers a learning platform for both crypto and forex. Thanks! 😊
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You could also use Stormgain, there you can mine some Bitcoin with their cloud miner and then when you have got $ 10 you can use it to trade, which is not bad for not using your own money so much while practicing with money that has not been put out of your pocket, you also have a demo account as is logical and you can practice in more depth there.

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riberet19 said:
You could also use Stormgain, there you can mine some Bitcoin with their cloud miner and then when you have got $ 10 you can use it to trade, which is not bad for not using your own money so much while practicing with money that has not been put out of your pocket, you also have a demo account as is logical and you can practice in more depth there.

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Great! Will check it out buddy. Thank you so much. :)
 
riberet19 said:
You could also use Stormgain, there you can mine some Bitcoin with their cloud miner and then when you have got $ 10 you can use it to trade, which is not bad for not using your own money so much while practicing with money that has not been put out of your pocket, you also have a demo account as is logical and you can practice in more depth there.

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I assume that's your account on Stormgain. I can see that you already have $5 worth of BTC mined through their cloud mining already. How long did it take to mine the $5 worth of BTC? It's a nice way to get free BTC by the way. Can the $10 BTC be withdrawn instead of being used to trade?
 
Heatman said:
I assume that's your account on Stormgain. I can see that you already have $5 worth of BTC mined through their cloud mining already. How long did it take to mine the $5 worth of BTC? It's a nice way to get free BTC by the way. Can the $10 BTC be withdrawn instead of being used to trade?
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Not only those $ 5 actually, I already withdrew many times, when you reach $ 10, you can withdraw to your main trading account, but that money only serves to trade, if your operations are successful, then what you earn, you can withdraw it to real money, I do not know if I explain myself, right now you can earn $ 15 per month if you activate the miner frequently (you have to activate it every 4 hours), the monthly rate changes according to the BTC price.
 
riberet19 said:
Not only those $ 5 actually, I already withdrew many times, when you reach $ 10, you can withdraw to your main trading account, but that money only serves to trade, if your operations are successful, then what you earn, you can withdraw it to real money, I do not know if I explain myself, right now you can earn $ 15 per month if you activate the miner frequently (you have to activate it every 4 hours), the monthly rate changes according to the BTC price.
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I understand your explanation very well mate. The $10 or $15 worth of BTC can't be withdrawn for you to make use of it in paying for any of your expenses. You can only get it to trade with and after you have made profits with it, then you can withdraw it for personal use.
 
Heatman said:
I understand your explanation very well mate. The $10 or $15 worth of BTC can't be withdrawn for you to make use of it in paying for any of your expenses. You can only get it to trade with and after you have made profits with it, then you can withdraw it for personal use.
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Yes, but I have my personal money to trade there, and apart, I am also getting money from the miner, which helps me increase my account and fund it, which is very good, I recommend it as an alternative in the future, it is also a very reliable broker.
 
I recommend Stormgain. You can mind BTC for free, you can withdraw once you reach $10, and put the mining reward to trade, you can withdraw trading profits to your external acocunt. You can also fund your account and start trading.
 
riberet19 said:
Yes, but I have my personal money to trade there, and apart, I am also getting money from the miner, which helps me increase my account and fund it, which is very good, I recommend it as an alternative in the future, it is also a very reliable broker.
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Thanks for the recommendation of this broker Stormgain. It looks like I'm just going to start out with it for mining and saving up BTC for a while. If I manage to build up something that's enough, I'm going to make it my frequently used broker.
 
I have been using strormgain for 3 years. I have withdrawn multiple times, I have even withdrawn without funding my account through the trading profits made by trading free mining rewards. Until recently, you could use stormgain without KYC but now they have made KYC mandatory even to withdraw mining reward.
 
I won't even talk about several exchanges, because BayBit is the best, if you're a beginner, I just recommend you start there and don't look for anything else. They give you a large balance for training and you can buy and trade and learn all the features of the site that allow you to earn only with demo money.
 
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