This article explains what Paper Trading is and provides more details about Paper Trading accounts.
What is Paper Trading?
Paper trading allows you to trade using real market trading data, but with simulated digital currencies. So there is no risk of losing real money.
With any paid subscription , you can create one bot for Paper Trading. This is an ideal tool to test strategies on the mock bot so that successful strategies can be implemented on the real bot.
Paper Trading Accounts
You have a Paper Trading account that covers all exchanges. You can use one exchange per Paper Trading bot. It is important to remember that using the same account on the same exchange for multiple bots will result in the same balance on all simulated bots. To avoid this, choose a different exchange or purchase an additional Paper Trading account .
