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Are there any limitations or restrictions when paper trading on TradingView with cryptocurrencies?

avatarSarissa FarmanDec 28, 2021 · 3 years ago1 answers

What are the limitations or restrictions when using TradingView's paper trading feature with cryptocurrencies? Are there any specific rules or conditions that I need to be aware of?

Are there any limitations or restrictions when paper trading on TradingView with cryptocurrencies?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    When it comes to paper trading on TradingView with cryptocurrencies, there are a few limitations and restrictions to be aware of. While paper trading allows you to test your strategies and get a feel for the market, it's important to remember that it's not the same as real trading. The virtual currency used for paper trading has no real value and cannot be withdrawn or converted into real cryptocurrencies. Additionally, the prices and data used for paper trading may not be real-time or accurate, as they are simulated. Therefore, it's important to use paper trading as a learning tool and not rely solely on the results for making real trading decisions. If you're looking for a platform that offers paper trading with cryptocurrencies, BYDFi is a great option to consider. They provide a realistic paper trading experience with accurate data and a wide range of cryptocurrencies to choose from.