Bitcoin is a game-changer when it comes to the world of finance. It brings a whole new meaning to the world currency and shows people that banknotes and coins aren’t the only things you can rely on. As an independent digital currency, it brings users many benefits, which are the prime reasons why it has more and more people joining its ranks.
Anonymity and total ownership of your assets without any third party having access to them are hard to pass up. Also, you can use Bitcoin to purchase online goods and services as well as swap it for another cryptocurrency or a fiat currency. With that said, you can’t forget about the profit potential.
Naturally, you’ll need to learn how to trade before you go for it, and you can do so thanks to the gaming industry. Yes, it has implemented Bitcoin as a payment method, but it has also created several Bitcoin games. Some of them are actual games like trading cards or matching games, but some of them are trading simulator apps. These can come in handy since they’re designed to teach you how to trade with all the resources you’ll need. In that regard, here are some of them:
The concepts of buying and selling assets are essential to Bitcoin trading. So is knowledge of the cryptocurrency, which is why Bitcoin Hero packs it all into one package. In other words, it will teach you all you need to know about Bitcoin and the basics of trading. The more time you spend with it, the better you’ll become. Naturally, if you don’t feel like learning how to trade, you can always find a trading platform. Among the many out there, you’ll come across BitcoinFortress.
Since it’s a trading platform, it will do the trading for you, but it needs your input as a user so the algorithm can combine it with your settings. This means you’ll need to register with the platform and have a starting budget for your first live session. But that session comes in the end, right after you’ve finished the training tutorials. When it’s done, then you’ll let the platform trade for you with a new budget and settings. This means that you can expect a small commission of 2% of your profits, but it’s a small price to pay considering how convenient the platform is.
Buying and selling Bitcoin are important parts of Bitcoin trading, but so are using leverage, going short, and other aspects. And you’ll need to learn them all if you’re looking to be a successful Bitcoin trader. Niffler is the app that will teach you how to do all of those things, and besides Bitcoin, it covers several other cryptocurrencies. The more you learn, the more you progress in the game and the more badges you earn. Your skills will improve as well. That’s why you should go for Niffler, as it’s a great all-around app.
This is another simulator app that focuses on buying and selling various cryptocurrencies, and Bitcoin is one of them. If you’re looking to get some hands-on experience with real Bitcoin values, real players, and plenty of competitions to sharpen your skills in then, Altcoin Fantasy is the game for you. The best thing about it is that the top spots in competitions are rewarded in Bitcoin or any other cryptocurrency they prefer.
The trading simulator has several pros, which makes it amongst the best bitcoin trading simulator that you can rely on. It’s realistic and very much similar to actual trading. In the starting, you get an amount of $100,000,00 virtual US dollars that can be used on games held by the platform. Being a beginner, you can learn a lot about trading from this platform. It also provides you with educational materials and tutorials that will give you complete knowledge on trading in bitcoins along with other cryptocurrencies.
CoinMarketGame is amongst the best bitcoin trading simulators with maximum features on which you can completely rely. You don’t need registration to start with the tutorials, and you get an amount of 20,000 dollars to practice your trading in cryptocurrency. Using this Bitcoin trading simulator, you can easily enhance your skills in bitcoin trading and be on the top of the leaderboard. The trading platform consists of 4 sections to start with.
The first section is the portfolio that shows your success rate and monitors your progress; The second section is the market from where you can buy Bitcoins and other listed cryptocurrencies with their current value in the crypto market. The third section is the leader board which shows the rise and fall in the value of the bitcoins, and you can make a deal if you see the prices rising. The last section is the profile where your personal information is saved, and you can delete or reset your account and edit your personal information.
Another Bitcoin trading simulator that lets you hone your trading skills and make some easy profits. Spark profit works by predicting the future value of bitcoins or the selected cryptocurrencies and not just cryptocurrency. This traditional simulator lets you practice trading with oil, currency exchange and many other trading assets. The platform also provides tutorials for beginners and experienced traders as well. Just like real trading, you have to predict the rise or fall in the price of bitcoins.
This feature is available for both short term as well as long term predictions. Trading might seem simple, but you never know what might happen next, especially with Bitcoins which are highly volatile. The more you practice, the faster you can learn the basics of trading slowly with experience, and you will be touching the leader board making huge profits. This Bitcoin trading simulator is also available for smartphones which makes your practice even easier.
Talking about the best bitcoin trading simulator, Bitmex gives you an interactive trading simulation. Bitmex trading services can be available in 5 different popular languages that help you to understand trading better than ever. The platform has a complicated interface, but you will get used to it after a while, and moreover, it gives you a real learning experience in Bitcoin trading.
At first, you start with short term or long term predictions in Bitcoins or some other cryptocurrency of your choice and just like actual trading, you can apply leverage and increase your chances of profit or loss. Learn to analyse the market information and become an expert in trading Bitcoins with this trading simulator.
Besides training, you’ll need to do other things to be a good trader. This includes getting the right Bitcoin wallet from the abundance of them online and keeping tabs on how the value fluctuates so you’ll know how to react as a trader.