Among the benefits these virtual currencies offer is anonymity. This protects the user’s identity when they’re making transactions online as well as their financial information. They are the sole owner of their assets and they can use them to make online purchases, swap them for another virtual currency, or swap them for a fiat currency.

But the one benefit that gets people’s attention is the profit potential. That’s why there are so many aspiring traders nowadays. You can learn how to trade to make use of this benefit. And you can do so by yourself or learn via a crypto trading simulators.

There are various kinds of them online. Some will focus on the popular virtual currencies while others will throw in some new ones. Also, they focus on various skills that make up a crypto trader. Here are several such apps that will teach you what you need to know:

Spark Profit

The main thing this game teaches is prediction. You’ll need to predict if the value of the assets will go up or down. Correct predictions will lead you to earn points, while wrong ones will lead you to lose them. Spark Profit will teach you a skill that makes you a competent trader. But you don’t need to learn any skills if you’re looking to profit from crypto trading. In other words, you can find a trading platform to do it for you, a trading platform like BitIQ.

As this is a platform that requires instructions you’ll need to give it some input as a user. This means you’ll need to learn how it works and adjust the settings accordingly before you go for a trading session. For that, you’ll need to create an account and deposit some money into it as you’ll need something to trade with. Then it’s off to the tutorials and meddling with the demo account provided. Once you’re done with that you can go for a live session after which you’ll be able to experience all the services the platform has to offer.

Altcoin Fantasy

Predicting the ways the value goes is important as a skill in crypto trading, but that doesn’t mean you shouldn’t learn the basics. Altcoin Fantasy is here for that and with it, you’ll learn how to buy and sell assets, and more importantly the times when you need to one or the other. 

Also, you’ll learn how to analyze the market which is another important skill you’ll need as a trader. You can also take part in several competitions which test your learned skills. If you make it to the top you’ll be handsomely rewarded with a specific amount of your preferred virtual currency.

CoinMarketGame

This is another app that focuses on the basics. With that said CoinMarketGame offers several popular virtual currencies and teaches you how and when to buy various assets. After some time with this game, you’ll be able to take on various exchanges online.

Conclusion

It’s a good idea to master the crypto trading simulators first and then take care of other aspects. This means opting for a single virtual currency. Also, you’ll need to go over the popular exchanges and pick one out. Finally, you’ll need a wallet to store your assets. When you’ve got these aspects down, you can begin trading virtual currencies.

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The profit potential is another benefit and the one that gets the interest of many. That’s why most people are looking to get into crypto trading. With that said, it’s no wonder that the gaming industry is responsible for creating so many crypto trading simulators.

These games are parts of the crypto gaming market which started back in 2017 with CryptoKitties, the first-ever crypto game. The thing about these simulators is that they offer a variety of crypto to trade with or focus on a single crypto. Also, they can focus on the buying and selling aspects or give you an all-around approach.

Moreover, they come with a virtual market and virtual assets. The virtual money is there too, but the prices of these assets are real so you’ll practice just like you were trading in the real world. Here are a couple of apps you’ll come across:

Bitcoin Mining Profit Calculator

This is for those that have no idea about crypto trading. This game plays like a text adventure game and it will give you all you need to know about Bitcoin and trading it. With that said, Bitcoin Mining Profit Calculator will also come with various prompts that you’ll need to deal with. If Bitcoin is your preferred cryptocurrency then you’ll find this game right up your alley. Then again you can always go for a trading platform that will trade in your stead, a trading platform like Bitcoin Profit.

This is a platform that relies on user input to work. This means you’ll need to learn about its settings and the various kinds of adjustments you can do to them. That’s why you’ll need an account as well as a small starting budget that will take the form of a small deposit. To get familiar with the settings and adjustments you’ll need to go over a couple of tutorials and fiddle with a demo account. Then it’s time for the live session and afterward, you’ll get to enjoy the many benefits of this app like the low commission.

Niffler

There aren’t as many simulator apps quite like Niffler. That’s because it doesn’t just give you the popular cryptocurrencies to trade with but it also some new ones as well. Moreover, it’s an all-around app which means it doesn’t just focus on the buying and selling aspects of crypto trading. It focuses on other things like shorting a position, using leverage, going long, and more.

You’ll learn various skills and you’ll have the badges to prove that. After some time with the app, you’ll get to the verified status and you’ll have a complete portfolio of skills and you’ll be able to help the newcomers.

Altcoin Fantasy

Unlike the previous entry, Altcoin Fantasy focuses on popular cryptocurrencies only. Besides buying and selling assets you’ll also learn how to analyze the market and you’ll also have the chance to compete in various contests. The prize is a specific amount in your preferred cryptocurrency.

Conclusion

With the crypto trading skills, you’ll be well on your way to becoming a successful Bitcoin trader. Finding the right exchange and wallet will help you with trading. But so will finding a crypto out of the several digital currencies and sticking to it. Don’t forget to keep an eye out for the value of the crypto as you’ll need to adapt to changes.

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