🟢 How to choose the best platform for a crypto simulation "play account"
Practice trading with play money before you risk your own
I’ve recently been asked what platforms offer the best “demo” or “paper trading” accounts for crypto beginners.
Since I’m not a trader (and don’t recommend it) I had to google this myself. (And when I say Google, I mean Presearch of course ;))
Your search will bring up plenty of posts and platforms that offer risk-free simulation trading accounts, but here’s the thing:
These sites make money from listing these platforms. They will not recommend the best for YOU, they will list the ones that make THEM the most commission. The idea is that once you’ve familiarized yourself with the platform for free, you’ll upgrade to a paid account. But some of those platforms have extremely high fees and might simply not the best option for you.
There are a few things to consider when making a choice, so here are my thoughts as well as the platforms that I would personally look into: