A demo account in an exchange is like an intro to how to trade crypto. With a demo account, you actually do trading without having to fund the account. That is to enable one learn about crypto trading.
Trading on the demo account seems very simple and profitable. However when you come to the live trading with real money it becomes too hard to get any profits out of it.
For me l started trading the options with demo account for like three days only. When l saw that l was gaining a lot of profits, l decided to deposit funds and trade lively. To my surprise l lost very terribly.
I have known crypto trading since 2016, and at that time demo accounts were not popular in the crypto world so I didn't use them. but after they became popular I studied demos as a practice for new strategies.
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