What is a demo account and how to start virtual cryptocurrency trading

Many beginners in crypto trading are afraid to risk real money. What should you do if you want to test a strategy but are not ready to lose capital? There is a solution — a demo account. This feature allows you to practice trading cryptocurrencies under real market conditions using virtual funds instead of real money.

Demo Account: What It Is and Why Traders Need It

A demo account is a virtual copy of a trading account that operates alongside your real account. It reproduces current market conditions, allowing users to familiarize themselves with the platform interface and test trading strategies without any financial risk.

The main idea is simple: instead of trading with real money and risking losses, you get educational capital. With it, you can develop skills, understand how different instruments work, and verify the effectiveness of your trading approach before switching to real funds.

The demo account is relevant for several user categories:

• Beginners who are new to the trading platform
• Experienced traders testing new strategies
• Users looking to improve their skills using real price movement data

How the Demo Account Works and Which Assets Are Available

When creating a demo account, the system automatically credits you with educational capital. You receive 50,000 USDT, 50,000 USDC, 1 BTC, and 1 ETH. These funds allow you to start trading immediately without additional requests.

The system uses real market data. This means the prices you see on the demo account match current market quotes. However, your orders do not affect the actual order book — they are executed in a virtual environment. This allows you to experiment safely without impacting the overall market.

The demo account supports trading both on the spot market (buying and selling cryptocurrencies) and with derivatives (futures and margin trading). Thus, you can test different types of trading within one system.

If your educational capital drops below 10,000 USDT, you can request additional demo funds. However, once your balance exceeds this amount, further requests will be unavailable. This help system prevents overuse of the feature and maintains equal opportunities for all users.

Difference Between a Demo Account and a Testnet: Full Comparison

Besides the demo account, there is a testnet — another tool for learning. It’s important to understand the difference between them to choose the right option for your goals.

Market Data and Conditions

The demo account operates on the main platform and exactly replicates all price movements in real time. Your orders are executed instantly but do not influence the real market, as they remain only within the virtual demo environment.

The testnet is a separate platform, fully isolated from the real market. Prices there do not depend on actual market conditions. Moreover, orders on the testnet go into a separate order book, affecting prices only within this closed system.

Availability and Convenience

The demo account is accessible via both the website and mobile app. You can easily switch between your main account and demo account directly from the interface. An open API is also supported, allowing developers to integrate demo trading into their systems.

The testnet is only available through the website and API. There is no dedicated mobile app for testnet trading.

Functionality

On the demo account, you can use basic trading functions: spot trading and derivatives through a unified trading account. The platform automatically syncs with the latest updates from the main system.

The testnet provides access to all platform features except deposits and withdrawals. This makes it more versatile for testing functions beyond basic trading.

Requirements and Verification

Using the demo account does not require KYC (Know Your Customer) verification. You can start practicing immediately after creating your main account. The same applies to the testnet — verification is not needed there either.

Practical Guide: Getting Started with a Demo Account

Starting with a demo account is very simple. You don’t need to create it manually — it activates automatically when you create your main account.

On the web platform: Find and click your profile icon in the top right corner. In the dropdown menu, select “Demo Trading.” Click it — and you will be taken to the demo account. The same screen will display “Demo Trading,” confirming you are using the demo account.

When you want to return to trading with real funds, click “Start Real Trading.”

In the mobile app: Open your profile settings page. Find the demo trading option there. After switching, you will work with the demo account. To exit demo mode and return to real trading, use the “Start Real Trading” button in the top right corner of the trading page.

Managing Funds: If you need additional demo funds, go to your demo account assets page. There, you can request extra capital (if your balance is below 10,000 USDT). This page also allows you to adjust your demo funds.

Demo Account and Subaccounts

If you use subaccounts, note that demo accounts are supported for them as well. However, an important point: the demo account on a subaccount is completely separate from the main account’s demo. Each subaccount has its own educational capital and trading history.

The demo account on a subaccount works under the same rules: you receive 50,000 USDT, 50,000 USDC, 1 BTC, and 1 ETH, and can request additional funds if needed.

Frequently Asked Questions About the Demo Account

Can I completely reset the demo account?

No, this feature is not available. However, there is an exception: if you haven’t logged into the demo account for over 30 days, the system will automatically reset it, deleting all data. After that, the account will be restored with the initial capital. This is to prevent inactive demo accounts from cluttering the system.

How long does a demo account last?

A demo account exists as long as your main account does. It will never close automatically. You can practice and refine strategies without time limits. The only condition is to log into it at least once every 30 days to keep it active.

Can I withdraw funds from the demo account?

No. Assets on the demo account are virtual educational funds that exist solely for practice and learning. You cannot withdraw them to a real wallet or exchange for real money. The same rule applies to earning profits on the demo account — they remain virtual.

Is KYC verification required?

No, KYC is not required. You can start using the demo account immediately without identity verification.

Can I log directly into the demo account?

No, that’s not possible. You must first log into your main or subaccount, then switch to the demo account via the profile option.

Which assets can I request?

The system allows requesting only four asset types: USDT, USDC, BTC, and ETH. If you need other cryptocurrencies, you can use the demo account for spot trading, exchanging these base assets for the coins you want.

Why is the demo account limited to spot trading and derivatives?

The demo account is specifically designed to simulate the core trading process. It allows you to practice buying and selling cryptocurrencies and working with margin trading under real market prices. Other platform features (like staking or loans) are not included in the demo account because they require more complex modeling. If you want to test the full range of features, use the testnet.

A demo account is a powerful tool to start your crypto trading journey with minimal risks. Use it to develop discipline, test strategies, and build confidence before moving to real trading.