By clicking [Mock Trading] from the top row of the Contract Trading interface, you can enter the Phemex Mock Trading environment to sharpen your trading skills at your own pace without risking any real funds.
In the Mock Trading environment, you can click the [Faucet] icon on the right side of the Contract Trading interface to view the initial amount of risk-free virtual funds available, as well as various options to obtain more virtual funds:
- Initially, each user can receive 5000 m-USDT.
- Each user can click [Claim] to receive 500 m-USDT once per day.
- When the account balance is below 1000 m-USDT, you can claim 3000 m-USDT at once. To claim again, you will need to wait for 72 hours.
- For every friend you invite to complete the registration, you can receive 5000 m-USDT.
- Depositing funds will earn you an equivalent amount of m-USDT.
The Mock Trading environment for Phemex contracts currently supports 4 simulated trading pairs: BTC/m-USDT, ETH/m-USDT, MATIC/m-USDT and DOGE/m-USDT. Within the simulated trading environment, you can manage your virtual portfolio and experiment with different risk levels by taking on leverage as well as placing stop-loss and take-profit orders.
Please be aware that the candlestick chart and prices reflected in the Mock Trading environment may differ slightly from the actual real-time market value.
Note: m-USDT are risk-free virtual funds, and are not related to actual USDT or other real crypto assets.
