Singaporean crypto exchange Kryptono has announced the launch of Kryptono paper trading, a training platform for existing and aspiring crypto traders to develop and enhance their trading skillsets in a risk-free environment.
The paper trading experience is designed to replicate the experience of actual live trading, with the simulator following real-time coin market movements.
In so doing, users are able to test their strategies in the closest thing to a live market, with no risk of losing money.
The free platform offers new users 100,000 USDT in paper crypto as a starter fund. It offers ‘buy’ and ‘sell’ orders like a live trading platform, as well as a comprehensive transaction order history which gives users helpful insights into their trading activities.
Kryptono paper trading users may also choose to take part in the new monthly ‘Jumpstart’ contest, where they can win a share of a total prize pool of $3,000 USDT by placing within the top 20 profitable contestants.
It will be recalled that in May, CryptoNinjas reported that Kryptono opened for business alongside its native KNOW token which is used for carrying out transactions on the platform.