About Swyftx demo Mode

Demo mode is a unique feature on the Swyftx crypto exchange that allows you to practice trading cryptocurrency with zero financial risk.

Get familiar with the crypto market by practicing new trading strategies and experimenting with trading new coins without making any real investments.

When you use our crypto demo mode, you are given $10,000 USD equivalent of artificial currency to practice demo trading. You can trade Bitcoin, Ethereum, Cardano, XRP and 310+ other crypto assets. We even simulate global liquidity and market depth allowing you to emulate real trades.

How to Use Swyftx demo mode

Create your Swyftx account

Creating a free demo account is easy. First you will need to sign up to the Swyftx trading platform by providing your name, email address, and phone number. You will also need to submit a photo of your driver's license or passport to verify your identity.

Switch to Demo Mode

Once you’re logged in, select demo mode from the menu at the top left of your swyftx dashboard. You will see a yellow banner across the top of your screen to indicate that you are in demo mode.

Start demo trading

When demo mode is turned on, your account will be credited $10,000 of artificial currency, allowing you to trade different cryptocurrencies without committing yourself financially. You can easily leave demo mode using the on/off toggle at the top of your screen.

Practice and learn the crypto market

Experience all the trading features Swyftx has to offer with our demo crypto trading account. You’ll get access to:

Trade 310+ assets

Mobile and desktop applications

Track the progress of your portfolio

Set price alerts

Global liquidity and market depth

Follow live-market trends with advanced trading tools

Frequently Asked Questions

What is crypto demo trading?

Demo trading is a cryptocurrency trading simulation, that allows users to buy and sell cryptocurrencies without financial risk. Swyftx offers this feature to give users the opportunity to understand the crypto market prior to purchasing any real digital assets.

Why did Swyftx launch demo mode?

Swyftx introduced demo mode to give users a chance to learn about cryptocurrency and make trading mistakes without any financial risk. Although the cryptocurrency market has performed exceptionally well since Bitcoin was created in 2009, it is still subject to short term volatility. Trading mistakes can be costly, depending on how much you invest.

There are several ways to mitigate the possible financial risk of crypto trading, such as dollar-cost averaging (DCA), which reduces the impact of poorly timed trades in a volatile market. However, the Swyftx demo account gives beginner and intermediate traders a chance to get comfortable with the crypto market, before investing real money.

Is the demo mode suitable for beginners?

Many beginner crypto traders have found the demo mode extremely useful. Swyftx’s demo mode simulates cryptocurrency trading just without the financial risk. Demo mode also allows traders to implement cryptocurrency trading strategies that they would like to test before investing for real.

How do I add funds to my account?

Swyftx demo accounts are automatically credited $10,000 USD of artificial currency. You cannot add or remove funds from your demo mode wallet. If you would like to reset your balance back to $10,000, you are able to do so by contacting our customer support team.

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