Close Menu
    What's Hot

    How to Put Crypto on a USB — Guide to DIY Crypto Wallet

    November 16, 2023
    5.5

    Picoworkers (SproutGigs) Review 2024: Quick Cash or a Scam?

    March 15, 2024

    How to Spot a Rug Pull Right Away – Do this With Every Project

    November 13, 2023
    Facebook X (Twitter) Instagram
    • About Us
    • Contact
    Facebook Instagram
    Help With Penny
    • Start With Crypto
    • Blockchain games
    • Wallets & Exchanges
    • Other
      • Everything Crypto
      • Learn & Earn Quiz Answers
      • NFTs
      • Finance
        • Passive Income
    • Discounts
    Help With Penny
    Home » Articles » How to Access Binance Demo Account
    How to access binance demo account
    Start With Crypto

    How to Access Binance Demo Account

    February 1, 20233 Mins Read
    SHARE
    Facebook Twitter LinkedIn Pinterest Email

    Table of Contents

    Toggle
    • What is Binance Mock Trading
    • How to use Binance Demo Account
      • 1. Log in to Binance
      • 2. Visit Binance Futures Page
      • 3. Select “Mock Trading” in the Menu
      • 3. Connect your Main Account to Binance Demo Account
    • Conclusion

    Everyone new to crypto trading faces the same difficulties with the interface, wording, and the whole trading process. We have all been there; one of our writers lost around 400 USD just because of accidentally closing a position.

    It might be a good idea to try to make a few first trades on a demo account and get familiar with the interface and what and how it works. Fortunately for us, Binance has a feature like that. It offers Mock trading for Binance futures in a testnet environment that can help you sharpen your trading skills.

    This quick guide will teach you how to access the Binance Demo account called Mock trading.

    What is Binance Mock Trading

    Mock trading or paper trading is a process in which exchange gives you access to a trading account without risking your money.

    Before crypto and stock trading transitioned onto the internet, traders practiced their trades by drawing them out on paper. That’s where the term paper trading comes from.

    Mock trading isn’t just valuable for beginner traders; it can help advanced traders find out how the platforms work or try new trading tactics.

    How to use Binance Demo Account

    To activate the Binance demo account, you’ll have to create a new (or log in to your) account and go to futures trading. Finally, activate Mock trading in the settings and approve the connection to the testnet. Let’s see how.

    1. Log in to Binance

    First, head to the Binance website. Either type in the URL or search for “Binance” on google. Alternatively, you can get there by using this link: https://www.binance.com.

    Now log in to your Binance account. You can enter your email or mobile number in combination with your password. Alternatively, if you have Binance mobile app, you can scan the QR code to log in automatically.

    Binance log in with QR code

    If you don’t yet have a Binance account, you can create one using the banner below, which will give you 5% back on paid trading fees.

    Binance Banner - Sign Up & GET 5% OFF TRADING FEES
    Alternatively, you can use “BQQK8CQW” as the referral code.

    2. Visit Binance Futures Page

    Using the upper bar, move your mouse to Derivatives and tap “Binance Futures Overview.”

    visit binance futures to access demo account

    3. Select “Mock Trading” in the Menu

    Once you get to the futures page, hover over the little profile icon in the top right corner. A new menu will show up, where you can find “Mock Trading.”

    Select binance mock trading

    3. Connect your Main Account to Binance Demo Account

    Now, you’ll need to approve the connection of the demo account to your main account.

    connect your account to binance demo account

    Those two accounts will be linked, but your finances will stay stored in your main account.

    Once you approve the connection, it’ll redirect you to the futures trading.
    The user interface looks exactly the same, apart from a few details that will help you tell apart the demo account from live trading. Firstly, you’ll see a big yellow “Return to live” button in the right corner. Secondly, you can see that your balance is set to 15,000 USD, which you probably didn’t have earlier. And lastly, the URL contains the word “testnet.”

    How to know you are using binance demo account
    Details that will help you tell live trading from the Binance demo account apart.

    Conclusion

    If you want to try advanced trading techniques and futures trading, the Binance demo account might be the right for you. You are given a 15 thousand-dollar balance squander, buying long or short positions.

    Once you feel ready, you can tap the “back to live” button and start trading with your own money.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    How to Put Crypto on a USB — Guide to DIY Crypto Wallet

    November 16, 20235 Mins Read

    How to Spot a Rug Pull Right Away – Do this With Every Project

    November 13, 20238 Mins Read

    12 Best Ways to Earn Passive Income with Crypto While you Sleep

    November 12, 20238 Mins Read

    Move To Earn Sweat Economy is Expanding To New Countries

    October 16, 20232 Mins Read
    Top Posts

    Picoworkers (SproutGigs) Review 2024: Quick Cash or a Scam?

    March 15, 2024

    How to Spot a Rug Pull Right Away – Do this With Every Project

    November 13, 2023

    12 Best Ways to Earn Passive Income with Crypto While you Sleep

    November 12, 2023

    Subscribe to Updates

    Get the latest news from the World of Finance & Cryptocurencies hademade by Help With Penny.

    Your blog guide to the world of finance and Cryptocurrencies. Start building your wealth, educate and grow with us!

    Facebook Instagram
    Top Insights

    How to Add Kava Network to MetaMask with One Click

    March 14, 2023

    How to Avoid Miner Fees on Coinbase Wallet

    February 16, 2023

    Add Songbird Network to MetaMask with these Easy Steps

    October 3, 2023
    Get Informed

    Subscribe to Updates

    Get the latest news from the World of Finance & Cryptocurrencies handmade by Help With Penny.

    Facebook Instagram
    • About Us
    • Contact
    • Terms of Use
    • Privacy Policy
    • DEALS
    Copyright © 2025 Help With Penny. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.

    x