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Demo mode

Updated this week

Practice trading crypto with zero financial risk. Demo mode on Swyftx lets you practice risk-free crypto trading, allowing you to hone your strategies, explore different coins, and build confidence in the crypto market.

We credit your account with $10,000 in mock currency to trade and invest in all of the assets we list on Swyftx.

Demo mode is available on both our app and web platforms, so you can take your learning on the go!


How to turn demo mode on or off, or reset the balance

App

To turn demo mode on or off:

  1. Select the three lines in the top left corner to expand the side menu.

  2. Tap the switch next to Demo mode.

When you're in demo mode, you'll see this banner at the top of your device:

To reset the balance on your demo account:

  1. Select the three lines in the top left corner to expand the side menu.

  2. Select Profile, then Personalisation.

  3. Select Reset demo next to Demo mode.

Web

To turn demo mode on or off:

  1. Select Settings in the top right corner of the dashboard.

  2. Select the toggle next to Demo Mode.

When you're in demo mode, you'll see this banner at the top of your device:

To reset the balance on your demo account:

  1. Select Reset funds in the Demo mode banner.


What is demo trading?

Demo trading, or ‘paper trading,’ is a type of cryptocurrency trading simulation in which users can buy and sell cryptocurrencies without financial risk.

This is a feature on some cryptocurrency exchanges and crypto trading platforms that allows users to understand and experience the cryptocurrency market without purchasing digital assets with real money.

With Demo mode on Swyftx, you can afford to take risks and experiment with different trading strategies!

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