Cryptocurrency exchange is a platform for transactions with digital currencies. Large exchanges offer a variety of trading tools and earning opportunities such as trading with leverage, futures, staking, affiliate programs, spot, etc. Cryptocurrency trading has a variety of tools and strategies. Besides, successful trading requires a lot of practice. It is quite risky to begin trading on a crypto exchange without having enough exercise. It would be an excellent option to try on some “demo” exchange with coins you cannot lose if you make a wrong decision during trading. And such a solution really exists – this is the WhiteBIT demo account.
Demo trading on the WhiteBIT exchange offers you to practice all possible trading strategies, even the most complicated, without the risk of losing your investments. On a demo account, you use only domestic coins that cannot be cashed out or lost.
Having a lot of practice, especially regarding futures trading or using leverage, you receive priceless experience and discover all the possible pitfalls in strategies. Thus, you train yourself to be calm during trading, which is actually crucial for traders. The more practice you get – the less emotional you will be when trading with real money afterward.
Experienced traders also use demo accounts. When they try to adjust strategy for their goals, add new details to it, or configure trading bots manually, they don’t know what difficulties they might face in the process. Thus, demo trading may come in handy for even experienced investors.
Other Features Standing Out In The Reviews On The WhiteBIT Exchange
Reading the rewiews on the WhiteBIT platform, we can point out the brightest of them:
- Low transaction fees
- Convenient interface
- Lightning-fast transactions
- Quick reaction of customer support
- Fast KYC
- Fiat-crypto pairs available
The exchange is easy-to-handle; moreover, you can adjust an interface according to your needs. For more information, check out the WhiteBIT cryptocurrency exchange, try its app and read the reviews on this platform on the Internet to see what difficulties users might face when first trying to use the cryptocurrency exchange.