Hi It's Unicorn

 

You can reduce errors by testing your strategy through a simulated trading before you start to do a real trading. Even if you may have a loss in the simulated trading, it’s just a simulation so you will not lose any funds. For those novices who just enter cryptos market, they can experience the volatility of the Bitcoin market through the simulated trading.

 

Additionally, you can review the function of exchange such as friendly interface and executing speed through the simulated trading. These will let you know whether to use this exchange platform. Here I will tell you how to use all methods of simulated trading on Bitget exchange.

 

Step 1. Futures trading → Click simulated trading

 

➣ Click “Futures” on the top after logging in Bitget exchange.

➣ Click “Simulated trading” to enter simulated trading page.

 

 

Step 2. Create a simulated account and receive the simulated fund. 

 

➣ You will get free simulated funds 0.5 BTC as below as soon as you enter the page.

➣ You can create a simulated account by clicking” Submit receipt.”

 

➣ You can check your simulated funds 0.5BTC by clicking” Assets” on the lower right.

 

➣ In addition to the SBTC/USD pair, there are BTC/SUSDT, ETH/SUSDT and EOS/SUSDT based on USDT trading in the simulated assets.

➣ Here S stands for simulated money, which means a pair that trades by Bitcoin and the simulated USDT!

➣ I will select a BTC/SUSDT pair as below!

 

➣ Receive the perpetual contract SUSDT experience!

 

➣ You can check the 5000 SUSDT you have received by clicking “assets” in the lower right corner!

 

Step 3. To know the trading interface on BitGet exchange.

 

➣ Next, we will explain the trading interface on Bitget platform by labeling each section with number.

(1) Coin status

 

➣ Here you can see the mark price (liquidation is carried out based on the mark price) / funding ratio / compared to the previous day / 24-hour highs and lows / 24-hour trading volume.

 

➣ In addition to the specified coin, you can see the market prices of other cryptocurrencies at a glance; and you can directly enter to the trading page by clicking another coin pair you selected.  

(2) Real-time chart

 

➣ This is a real-time chart that you can historical and current price movements, along with technical analysis tools. view and see the price of the specified coin

 

➣ Here you can use the chart developed by BitGet or the chart of Tradingview. If you are used to viewing the chart of Tradingview, you can select the chart of Tradingview for trading.

 

(3) Order book

 

➣ In the order book, you can monitor real-time quotes and current transactions.

 

(4) Position status

 

➣ You can check position / open orders / order history / trade history / transaction history, etc. You can view a history of past executed orders, including your current positions. You can also view the transfer history between wallets.

 

(5) Order window

 

➣Here you can enter your order. You can select the margin mode, investment direction (long or short), buy/sell price, input ratio and order method. You can use the trading strategy you like!

 

➣ If you see the bottom of order window, you can see Assets and Contract Information where you can check the balance, position, benefit, and various information about the contract you are trading.