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What are some popular free futures trading simulators used by cryptocurrency enthusiasts?

avatarAhmed Nouri MohamudDec 30, 2021 · 3 years ago3 answers

Can you recommend some popular free futures trading simulators that are commonly used by cryptocurrency enthusiasts? I'm looking for platforms where I can practice trading futures contracts without risking real money. It would be great if the simulators offer a realistic trading environment and allow me to test different strategies. What are some options available?

What are some popular free futures trading simulators used by cryptocurrency enthusiasts?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! One popular free futures trading simulator used by cryptocurrency enthusiasts is TradingView. It offers a wide range of features and tools that allow you to simulate trading futures contracts. You can create virtual portfolios, analyze charts, and even backtest your strategies. It's a great platform for beginners to get hands-on experience without the risk of losing real money.
  • avatarDec 30, 2021 · 3 years ago
    If you're looking for a more advanced simulator, you might want to check out BitMEX Testnet. It's a free demo platform provided by the BitMEX exchange, which specializes in cryptocurrency futures trading. The Testnet allows you to trade with virtual funds and experience the real-time market conditions. It's a great way to practice trading strategies and get familiar with the platform before diving into real trading.
  • avatarDec 30, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, also offers a free futures trading simulator called BYDFi Simulator. It provides a realistic trading environment where you can practice trading futures contracts using virtual funds. The simulator offers real-time market data, advanced charting tools, and various order types. It's a great option for cryptocurrency enthusiasts who want to improve their trading skills without risking real money. Give it a try!