How to Access Mock Trading in Binance Futures | Binance Support (2024)
You can access the Binance Futures’ Mock Trading to sharpen your trading skills at your own pace. This testnet environment is a simulation trading platform to practice trading live cryptocurrency markets in real-time without risking any capital.
Your testnet account will have a risk-free starting balance of 3,000 USDT to let you experience all of the features that Binance Futures has to offer. You will be able to manage your virtual portfolio in a testnet environment and experiment with different risk levels by applying leverage and placing stop-loss as well as taking profit orders.
Feel free to click [Back to Live] when you are ready to put your trading skills to the test on Binance Futures.
You can also access the Binance Futures’ testnet environment via the Binance App by clicking [Futures] - [Menu] - [Mock Trading].
To add testnet funds to your Mock Trading account click [Faucet], select [Coin], and click [Add Assets]. You will be able to see your available testnet balance and experiment with different risk levels to sharpen your trading skills.
Please note that you have the ability to go [Back to Live] at any time.
Please, be aware that the candlestick chart and price may differ from the market value within the Mock Trading environment.
Click [Profile] - [Mock Trading] located at the top-right corner of the Futures trading interface. Click [Continue] to create a Binance Futures testnet
testnet
In blockchain technology, a testnet is an instance of a blockchain powered by the same or a newer version of the underlying software, to be used for testing and experimentation without risk to real funds or the main chain.
Mock Copy Trading on Binance is a risk-free, educational feature that simulates real Copy Trading, allowing users to practice and learn with virtual test funds.
It involves keeping a record of hypothetical trades on paper or in a trading simulation program. The process is similar to actual trading, where a trader will record their buy and sell decisions, along with the prices at which they were executed, and then track the performance of their "portfolio" over time.
If possible, trade the same amount of capital in the demo account as will be traded in the live market. If the demo does not allow this, trade only a fraction of the demo account capital. Don't access any funds from the demo capital which would be in excess of live trading funds.
1. Go to the Binance home page and click on "More", Scroll down to Trade and select "Trading Bots". 2. Click the future grid and select the pair you want to trade e.g "SOLUSDT", you can also view the chart (top right corner) without leaving the page.
To access Mock Trading, go to Binance Futures and click [Log In] or [Register Now] to create a new Binance Futures account. Click [Profile] - [Mock Trading] located at the top-right corner of the Futures trading interface.
Being fast and clever may make a major difference in today's trading environment, especially when it comes to cryptocurrency. This is when futures trading bots come in useful. These bots automate your trading, allowing you to focus on your strategy and avoid missing out on possibilities.
Yes, it is possible to make money using bots to trade crypto on exchanges such as Binance. While they hold the profit potential, these tools are not guaranteed money-makers.
To open a Binance Futures account, go to Binance Futures and click [Open Account]. You need to pass a quiz to activate your Binance Futures account, so click [Take Quiz] and make sure to answer all questions correctly.
Address: Apt. 536 6162 Reichel Greens, Port Zackaryside, CT 22682-9804
Phone: +9958384818317
Job: IT Representative
Hobby: Scrapbooking, Hiking, Hunting, Kite flying, Blacksmithing, Video gaming, Foraging
Introduction: My name is Jamar Nader, I am a fine, shiny, colorful, bright, nice, perfect, curious person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.
