FAQ — Demo trading

Here some FAQs about the Demo trading issues that you may meet：

1. What is demo trading?

Demo Trading allows users to practice crypto trading without risking real money by using a simulated trading account. It replicates real-world market conditions and uses simulated assets, enabling users to familiarize themselves with the trading platform or test trading strategies.

 

2. How do I create a demo account？

You don't need to create a demo account manually as it is available for all users.

 

3. How can I access the demo trading?

On the Toobit website, you can access the demo trading by clicking Derivatives - Demo trading

 

 

4. How can I exit the demo trading?

On the Toobit website, you can exit the demo trading by clicking [Return to Live].

 

 

5. How can i transfer my profit from demo account？

You can not transfer any profit from demo account.

 

6. Whether the profit and loss of a demo account will affect the real assets？

No，it won't affect your real assets.

 

7. Is demo trading supported on sub-account?

No, demo trading is not supported on sub-account. Users need to log in to their Main Account in order to access demo trading.

 

8. Can I reset my demo account?

No, the Demo Account cannot be reset. 

 

9. How do I request funds for my demo account?

If your demo funds less than 200USDT, you can click " transfer", 10000 demo assets can be applied for up to three times per month.

 

 

10. What's the difference between a demo account and a real account?

A demo account operates within the main trading platform, offering a simulated environment that mimics real trading conditions. The real account needs to deposit assets, and then users can trade , withdraw or other operations.

 

11. Can I withdraw funds from my demo account?

No, you can not transfer or withdraw any funds from demo account.

 

12. Will my demo account ever expire?

No, your Demo Account will remain active as long as you have a Toobit Account. You can continue to practice and refine your trading strategies without any time limitations.

 

13. Is identity verification (KYC) required to use a demo account?

No, identity verification is not required for using a demo account.

 

14. How can I differentiate if I am currently in demo account or live trading account?

You will be able to see a "Return to Live" label on the header if you are in demo account mode.