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What is the Difference Between Roxom and Roxom Paper Trading?
What is the Difference Between Roxom and Roxom Paper Trading?
Updated over 3 weeks ago

What is Roxom paper trading?

Paper trading provides a simulated trading environment within the Roxom ecosystem, allowing users to explore and test Bitcoin-based trading strategies. Each account on paper trading is funded with "Paper Bitcoin" (virtual currency for paper trading) automatically, enabling users to start trading and familiarizing themselves with the platform’s interface and mechanics without requiring real Bitcoin or fiat funds.

Difference Between Roxom and Roxom Paper Trading

Paper trading is the first product released by Roxom, it is the demo-trading version of the Roxom platform. It allows users to experience Bitcoin-based trading in a simulated environment, while the full launch of Roxom is still under development. Although they are part of the same platform, paper trading is designed exclusively for practice trading with no real financial risk.

Why Use Paper Trading?

Paper trading aims to onboard users to the Bitcoin-only trading model of Roxom and help them develop trading confidence before the live launch of Roxom’s official platform. With paper trading, users can practice in a risk-free environment, experimenting with trading mechanics and building strategies.

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