What is Cryptomania? How do I trade money on Cryptomania app? How do I install Cryptomania app? If you are here, it is obvious you are looking to know more about Cryptomania Bitcoin. Well, we got your back. Here, you will learn everything about Cryptomania trading simulator.
What is Cryptomania?
Cryptomania is a trading simulator that allows traders to to master and understand the the art of trading without losing money. Cryptomania is a trading simulator that lets you practice buying and selling cryptocurrencies using virtual money.
It was first launched in 2017, with the aim of helping beginners understand the basics of Cryptocurrency trading. It has over 10 million downloads on Google Play Store. Cryptomania app is available for both Android and iOS devices.
The goal is to learn about trading strategies and the crypto market without actually risking any real money. You can buy and sell popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and more.
Cryptomania is a great way to learn about cryptocurrencies since you can't actually lose money. It will help you master the art of trading cryptocurrencies while having a blast. Whether you are a seasoned trader or complete beginner, looking to break into the game, Cryptomania has something to keep you on your toes.
It is a free educational trading simulator. On the platform, traders can learn and practice trading for free, try out different trading approaches and methods, and learn how to use indicators and technical analysis
Benefits of Using Cryptomania App
- Beginners are able to understand the art of trading without losing money
- You can earn virtual cash and develop trading strategies to multiply your profits
- Allows you to take up challenges and prove your trading might
- You also get the opportunity to compete with other traders and climb up the global leaderboard
Disadvantages of Cryptomania
- Cryptomania does not currently provide the avenue for traders to withdraw money
- It does not also provide the opportunity to win real cash prizes
- If you have money in your account, you may not be able to cash it out
- Success or experience gained in Cryptomania trading simulator does not guarantee success in real-money trading
How to Use Cryptomania
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| Crytomania wallet interface |
- Visit Google Play Store to download and install the Cryptomania app
- Create your free account
- You can choose either Bitcoin, Ethereum, or Litecoin to start your free trade
As I said earlier, the platform is an Android app that allows beginners to try their hands at trading cryptocurrencies. On Cryptomania platform, you do not need to register or verify your account to start using it.
The platform uses real-time market to calculate your profits. Traders can also choose to trade on the spot or on the long run.
Facts About Cryptomania Trading Simulator
- It is a trading simulator platform for beginners who want to try their hands on cryptocurrency trading
- You do not need to put money as it is a free trading simulator app
- There are three types of cryptocurrencies to choose from on the app (Bitcoin, Ethereum, and Litecoin)
- Traders can choose to trade on the spot or on the long term
- You can also trade with fiat currencies or with cryptocurrencies
- It is currently not possible to cash out from Cryptomania to your bank wallet
How to Trade on Cryptomania
Follow the steps below to trade your Bitcoin, Litecoin or Etherum on Cryptomania:
- Login to your Cryptomania app
- Pick a cryptocurrency you want to trade and decide whether you want to buy or sell
- Use Pro mode to access technical analysis tools like advanced charts and indicators. These tools help you make informed decisions
- Place your trade and consider setting Stop Loss and Take Profit levels for risk management