Are there any limitations or restrictions when using a demo account on KuCoin for practicing trading?
Jain HeadOct 30, 2022 · 3 years ago1 answers
What are the limitations or restrictions that I should be aware of when using a demo account on KuCoin for practicing trading?
1 answers
- Stephanny EgitoFeb 28, 2023 · 2 years agoWhen using a demo account on KuCoin for practicing trading, it's important to understand that the demo account is provided by the exchange itself and may have certain limitations and restrictions. These limitations can vary from exchange to exchange, but generally, demo accounts are designed to provide users with a simulated trading experience without the risk of losing real money. Some common limitations of demo accounts include limited access to certain trading features, restricted trading pairs, and a limited amount of virtual funds. It's important to keep these limitations in mind and not to solely rely on the performance of a demo account when making trading decisions. Instead, it's recommended to use a combination of demo trading and real trading to gain a better understanding of the market and improve your trading skills.
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