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Announcements > News > Phemex Mock Trading is Now Live! >

Phemex Mock Trading is Now Live!

Author: Alan W. Date: 2023-06-07 06:48:46

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Dear Phemex Users,

We are excited to announce the launch of our new Mock Trading feature on Phemex! Mock trading allows you to freely test the various functionalities of our contract trading platform without risking real funds.

In response to user demand, we have developed Mock Trading to provide you with a risk-free environment to practice and familiarize yourself with our trading system. Through mock trading, you can accumulate valuable trading experience without using real assets.

Key Features of Phemex Mock Trading:

  • Trading Practice: Mock Trading offers a simulated trading environment where you can practice executing trades and test different strategies without putting your funds at risk.
  • Virtual Funds: You will have access to virtual funds specifically designed for mock trading. These funds can be used to simulate trading activities and explore the features of our platform.
  • Real-time Market Data: Mock Trading involves real-time market data, including price charts and order books, so you can analyze actual market trends and get a sense of how your mock trading strategies would have played out in reality.
  • Trade History and Analysis: In Mock Trading, you can review your trading history and performance in order to better evaluate your strategies and improve trading skills.

How to Access Phemex Mock Trading:

  1. Log in to your Phemex account (if you are not registered, sign up now).
  2. Click through to Mock Trading on the Contract page or in the top navigation bar.
  3. You will be directed to the Mock Trading interface, where you can start practicing trades using virtual funds.
  4. Explore the platform, test different trading strategies, and learn how to navigate Phemex contract trading features.

Please note that Mock Trading is designed for educational and practice purposes only. It does not involve real funds or actual transactions. If you are ready to trade with real funds, make sure to switch back to the live trading environment.

At the moment, Mock Trading is only available on the Phemex web platform, with the mobile APP version to be released soon. We encourage you to make the most of Phemex Mock Trading to enhance your trading skills and become familiar with our contract trading platform. For more details, please check out this Help Center guide. If you encounter any issues or have any questions, our dedicated support team is available to assist you.

Happy Trading!

The Phemex Team

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