Compare 9 best crypto demo accounts for trading in 2025

Demo trading accounts let you practice your skills without risking any of your own money. Our experts have reviewed the best crypto demo accounts to help you choose the right one.
Written by
Updated on Oct 30, 2024
Reading time 8 minutes

Many of the best crypto exchanges offer a free demo account so you can sharpen your trading skills while using virtual funds. Our cryptocurrency experts have tested, reviewed, and ranked the best crypto demo accounts and you can find the top options on this page.  

The 9 best cryptocurrency demo accounts 2025

Copy link to section
  1. eToro: Best for beginners, copy-trading & demo-account
  2. Plus500: Best for international trading*
  3. Coinbase: Best secure trading platform for all types of trader
  4. Kraken: Best for simple, global cryptocurrency trading from your phone
  5. Uphold: Best for building long term wealth

What are the best crypto practice trading accounts?

Copy link to section

You can find out top rated crypto paper trading accounts below. These trading platforms all offer free demo accounts and you can register in just a few minutes. Click on any of the links to get started or keep scrolling to learn more about each exchange. 

We found 24 crypto platforms for users based in

eToro review
4.6
eToro
Min. Deposit $100
Fees 1%
No. assets 50+
Demo account Yes

eToro review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Plus500 review
4.5
Plus500
Min. Deposit $100
Fees From 2%
No. assets 2800+
Demo account Yes

Plus500 review

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorised by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe such as leverage limitations and bonus restrictions.

Coinbase review
4.2
Coinbase
Min. Deposit $10
Fees Up to 0.6%
No. assets 150+
Demo account No

Coinbase review

Top 9 crypto demo trading accounts reviewed

Copy link to section

We found 24 crypto platforms for users based in

1. eToro. Best for beginners, copy-trading & demo-account

Copy link to section
4.5
Ratings

$100

Min. deposit

0% commission

Fees

50

No. assets

Yes

Demo account

Overview

We love eToro because it’s a crypto trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.

The far-reaching catalog of 100 cryptocurrencies includes big names like Bitcoin and Ethereum, as well as smaller crypto tokens with high growth potential. Some supported tokens can be seamlessly transferred to the eToro Money crypto wallet for safekeeping.

One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. eToro crypto’s Smart Portfolios offer a great entry point into digital currencies, an opportunity to learn and potentially benefit from the expertise of more experienced traders.

If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across the 100 crypto tokens available.

Highlights

Fees & Costs

Pros & Cons

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

2. Plus500. Best for international trading*

Copy link to section
4.5
Ratings

€100

Min. deposit

From 0.8%

Fees

2,800

No. assets

Yes

Demo account

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you trade. Its technology driven platform gives access to futures for the two biggest cryptos, Bitcoin and Ethereum. 

Plus500 has something for all types of crypto trader, no matter what level of experience. Its low margin requirements of $20 for Ether and $100 for Bitcoin make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

Fees & Costs

Pros & Cons

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorised by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe such as leverage limitations and bonus restrictions.

3. Coinbase. Best secure trading platform for all types of trader

Copy link to section
4
Ratings

$10

Min. deposit

Up to 0.6%

Fees

200

No. assets

No

Demo account

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure. 

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

Fees & Costs

Pros & Cons

4. Kraken: Best for simple, global cryptocurrency trading from your phone

Copy link to section
4
Ratings

$10

Min. deposit

0.10% - 0.26% (volume dependent)

Fees

200

No. assets

Yes

Demo account

Overview

We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around. 

With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available. 

Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go. 

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

Highlights

Fees & Costs

Pros & Cons

5. Uphold. Best for building long term wealth

Copy link to section
4
Ratings

$1

Min. deposit

$0.99

Fees

300

No. assets

Yes

Demo account

Overview

We love Uphold because it’s a regulated and transparent digital asset platform. Uphold is an excellent platform for discovering important new tokens early, making it ideal for investors looking to get in on the ground floor of emerging cryptocurrencies. 

Uphold offers a broad selection of coins, with over 250 tokens available catering to both seasoned and novice crypto traders. The platform regularly adds new assets allowing users to invest in promising projects before they gain mainstream attention. 

Uphold isn’t just a platform for investing early. One of the main advantages of using Uphold is its transparent and competitive fee structure. The platform does not charge for deposits or withdrawals, and trading fees are clearly stated. You can also trade between different asset classes including fiat currencies. 

The fees: Crypto spreads start from 0.9% and are usually lower than 1.3% for BTC and ETH. Other cryptocurrency spreads are higher. Average spreads on fiat currency are 0.2%. There is a $0.99 fee for transactions under $100 made with the Uphold card.

Highlights

Fees & Costs

Pros & Cons

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.

6. KuCoin. Best social trading altcoin exchange

Copy link to section
4
Ratings

$-

Min. deposit

...

Fees

-

No. assets

No

Demo account

Overview

We love KuCoin because it’s a great place for beginners to trade more than 700 altcoins. Kucoin offers a vast range of cryptocurrencies including all the big names like Bitcoin and Ethereum, together with hundreds of altcoins and newly released tokens. 

The exchange gives you multiple ways to trade and invest in crypto, including spot trading, futures trading, margin trading, and staking. This choice allows you to choose the method that best suits your trading strategies and risk tolerance. 

Kucoin is a top platform for both beginners and experienced traders. Its intuitive interface is easy to get to grips with and its advanced trading features mean even high volume traders can make use of it. Kucoin also offers an earn feature, where you can generate passive income through staking and lending, making it one of the best all round crypto exchanges. 

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Highlights

Pros & Cons

7. Public. Best for AI analysis

Copy link to section
public.com logo
4
Ratings

$20

Min. deposit

Spreads

Fees

9,000

No. assets

No

Demo account

Overview

We love Public because it makes use of cutting-edge AI technology to enhance your trading and investing experience. Public’s AI-powered feature, Public Alpha offers personalized insights and recommendations through its natural language interface in real time. 

Public’s AI technology helps you make more informed decisions by analyzing massive amounts of data and providing actionable insights. These AI-driven insights are easily accessible and give users access to the latest advancements in financial analysis and trading. 

Not only do can you use AI to help your investments, Public is one of the lowest cost brokerage firms out there. You can invest in stocks and ETFs commission free. You can also buy and trade fractional shares and if you want to diversify, you can explore a range of alternative investments including music and film royalties. 

The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours. 

Highlights

Fees & Costs

Pros & Cons

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

8. Paybis. Best crypto platform for choice of payment methods

Copy link to section
Paybis_logo
4
Ratings

$4

Min. deposit

Variable

Fees

90

No. assets

No

Demo account

Overview

We love Paybis because it is one of the simplest crypto platforms to use, making it ideal for both beginners and experienced traders. The intuitive interface makes the process of buying and selling cryptocurrencies smooth, fast, and hassle-free. 

Paybis offers a good selection of coins to buy and sell including popular options like Bitcoin and Ethereum, as well as many altcoins. With such a wide range of tokens, you’ll be able to diversify your portfolio and take advantage of market opportunities very quickly. 

One of the best features of Paybis is its selection of payment options. Not only can you buy Bitcoin with a credit or debit card using USD, but you can also choose from several payment apps and digital wallets. 

The fees: How much you will pay will depend on the payment option you use. Paybis provides detailed information on the types of fees applied. You can expect competitive rates, with clear outlines of transaction and network fees, before buying or selling.

Highlights

Fees & Costs

Pros & Cons

9. Nexo. Best for earning interest & rewards

Copy link to section
4
Ratings

$-

Min. deposit

...

Fees

-

No. assets

No

Demo account

Overview

We love Nexo because you earn rewards every time you make a purchase. You can trade 60+ cryptocurrencies and earn rewards of up to 0.5% on every transaction, then store your coins on Nexo to build your wealth through passive interest payments.

You can trade on the go from a mobile app and Nexo is designed for simplicity. Every trade is locked in at the rate you see on your screen, so you won’t suffer from price slippage, and it has the added bonus that any crypto held in your account automatically starts to earn interest. 

The fees: Nexo charges a 2% spread on buy and sell transactions. There are no fees for storing coins in your Nexo account. Depending on your loyalty tier, you receive a fixed number of free withdrawals, and any additional withdrawals will be charged a network fee. 

Highlights

Pros & Cons

What is a crypto demo account?

Copy link to section

A crypto demo account is a simulated platform that lets you trade with virtual funds. It simulates real market conditions so that you can practice crypto trading without putting any real money at risk.

Crypto paper trading accounts come with a virtual balance that can be used to buy and sell different cryptocurrencies. A demo crypto trading account is a helpful tool for beginners who want to learn how to trade crypto in a risk-free environment. Experienced traders can also use a Bitcoin demo trading platform to test new strategies. 

Why do you need to use demo accounts for crypto trading?

Copy link to section

There are lots of reasons you may want to use a paper trading crypto account. Not only do they offer a risk free environment for learning, but they offer several other benefits, some of which we’ve explained below. 

  • Practice trading strategies without financial risk. Demo accounts allow you to test out your trading methods and find strategies that work for you before risking real capital. This gives you room to learn from mistakes without using a live trading account.
  • Become familiar with the markets. Trading demo crypto allows you to understand market movements, volatility, and technical analysis without putting skin in the game. Crypto markets are highly volatile, especially compared to traditional asset classes, so it’s always a good idea to practice trading in simulation mode. 
  • Master a trading platform. Demo accounts let you learn the interfaces and features of exchanges and trading apps. You can gain confidence in navigating the platforms before trading with real money. Platforms like TradingView are very popular with retail crypto traders and comes with a free demo account. 
  • Control emotions. You can practice maintaining composure and sticking to trading plans during demo trading. Developing discipline early is key to eventual success with live trading. This is especially important in the crypto industry, which is notoriously volatile. 
  • Build experience. There is no better way to gain experience analysing charts, executing orders, and day trading than putting in time with a demo account. Starting to trade crypto can have a steep learning curve and paper trading is the safest way to learn. 
  • Test strategies. The best traders continually backtest their strategies. Demo accounts provide a good testing environment before deploying systems with real money. Many of the best crypto demo accounts also offer backtesting software within their platforms.

How to use a cryptocurrency demo account?

Copy link to section

Virtual cryptocurrency trading accounts are easy to set up and use. Follow the steps in the guide below to get started with a crypto demo trading platform.

Step 1. Choose a virtual crypto trading account

Copy link to section

First, choose a crypto trading platform that offers a demo account. We recommend a secure, reliable exchange, such as eToro

Step 2. Create an account

Copy link to section

Follow the onscreen registration process to create your demo crypto trading account. This usually involves providing your name, email, address and setting a password. 

Step 3. Verify and activate your account

Copy link to section

Many crypto exchanges require you to verify your account by clicking a link sent to your email. You may also have to verify your identity, so have a photo ID like a passport or driving licence to hand. 

Step 4. Turn on virtual crypto trading

Copy link to section

Go to your account settings and flick the switch that allows you to enter demo mode and trade with virtual money. This is usually just an on/off or real/virtual button. You can flick between a real and a virtual crypto trading account.

Step 5. Choose your crypto and place your trade

Copy link to section

Once you’ve got to grips with the platform basics, you can select which market you want to trade. The best crypto trading demo accounts have all the big coins like Bitcoin, Ethereum, and Dogecoin. 

Place your first trade by selecting the cryptocurrency you want to buy or sell and entering the amount you want to trade. You may also have to specify the price and order type.

Step 6. Monitor and review your trades

Copy link to section

Keep track of your open trades and analyse their performance through your virtual portfolio screen. You can use the Bitcoin demo account charting tools to help with your market analysis. 

You can also review your trading history to see which trades were profitable and which were not. This will help you identify patterns in your trading strategy. 

Step 7. Practice different strategies

Copy link to section

As you’re using virtual funds, try trading crypto with different strategies and techniques to see which works best for you. You can experiment with different options to see how they affect your trades. 

If you’re successful, it may be time to move to a live account. 

How should I choose a demo crypto trading account?

Copy link to section

The most important feature to look out for a is a realistic trading experience. To get the most useful feedback and experience from your crypto trading practice, it’s vital that you can buy and sell digital assets in live market conditions.

There are several other features to consider when choosing a virtual cryptocurrency trading account. Use the list below to help you make a decision about what’s best for you.

  • Reputation. Look at online reviews and feedback from other traders to ensure that the Bitcoin demo trading platform you go with has a good reputation in the cryptocurrency industry. You can use many independent review sites to find reliable information. 
  • User interface. When you’re just starting, you want to ensure that your platform has an easy-to-navigate interface. Even if you’re an experienced trader, an easy-to-use interface will make your demo trading much more productive. 
  • Support. Look for a platform that has good customer service. The easiest way you can find out is by contacting support staff by email or live chat before registering your account. This way, you’ll know how well they respond before joining. 
  • Available coins. Use a practice crypto trading account that has a good selection of cryptocurrencies available to trade. This will allow you to experiment with different assets in a simulated trading environment. You can learn how each token’s price moves and how the market reacts to various events. All of this is crucial information to learn before you start trading for real.
  • Trading tools. The best demo crypto trading accounts have lots of charting and analysis tools. Take the time to use as many as you can to find what works for you. Advanced trading tools and features can help you analyse the crypto market and make informed trading decisions. 

Should I use a crypto practice trading account?

Copy link to section

Yes, virtual cryptocurrency trading accounts are an excellent way to practice your trading skills and are suitable for both beginners and experienced users. A Bitcoin demo account lets you experiment with different trading strategies and techniques, try out other coins, and get a feel for how the market works, all in a risk-free environment. 

Demo crypto trading platforms can also help you familiarise yourself with a new platform’s features, tools, and interface before committing real funds. Trading in a simulated market environment is the easiest way to improve your skills, practice new techniques, and learn what works for you.  

What are the risks of using a virtual crypto trading account?

Copy link to section

Overconfidence is the biggest risk many users face when using a crypto trading demo account. When trading with virtual funds, it is very difficult to replicate the emotional aspect of trading, which can lead to some traders falling into the trap of thinking it’s easy when they move to a real trading account. 

Here are some benefits and risks of using a crypto demo account.

Pros

Copy link to section
  • Practice with virtual funds, without risking real money
  • Learn crypto trading, test new strategies, compare different trading techniques
  • Learn how to use a new crypto platform
  • Large choice of coins available

Cons

Copy link to section

What are the fees for using a virtual cryptocurrency trading account?

Copy link to section

Using a Bitcoin demo trading account is free and you will not be required to pay any fees. All the best crypto exchanges offering practice accounts do so without charge. Many are limited to a certain amount of time so your demo crypto trading account may expire after a few months, but you can always open a new one with a different email address. 

Methodology: How did we choose the best demo crypto accounts?

Copy link to section

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We periodically test more than 48 cryptocurrency platforms to provide our users with clear, accessible guidance on the demo accounts available. All testing is carried out by our panel of crypto experts, analysts, and active traders who sign up to each exchange, conduct research, and score each service.

Our tests are designed to find crypto exchange platforms that offer demo account, alongside a beginner-friendly, secure trading experience at a fair price. To supplement our practical testing and experience, we research each exchange to gather any further relevant information. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

Each crypto exchange is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with individual crypto brands to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process

FAQs

Copy link to section
01

Is there demo account for crypto trading?

02

What is the best demo trading account?

03

How can I practice crypto trading?

04

What is the best app to practice crypto trading?

05

Where can I practice crypto trading for free?

06

Is there a Binance demo account?

07

Does Coinbase have a demo account?

08

Who should trade cryptocurrency with fake money?

09

Are Bitcoin demo trading accounts free?


Sources & references

Prash Raval

Prash Raval

Financial Writer

  • Forex
  • Trading
  • Stocks
  • Investing
  • Football
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while running an educational service helping novice traders learn the markets. He has a keen interest in micro and small cap stocks....