English
Back
Download
Need Help?
Log in to access Online Inquiry
Back to the Top

Crypto Paper Trading

1.Account details:

Name: Crypto Paper Trading Account

Initial balance: US$1,000,000

Type: Cash account

Currency: SGD and USD

No shorting allowed

 

2.Trading pairs:

USD and SGD pairs for BTC, ETH, BCH, XRP, DOT, ADA

 

3.Trading hours:

During these hours, you can place and cancel orders, and orders will be matched.

Daylight Saving Time: 7:15 AM to 7:00 AM the next day

Standard Time: 8:15 AM to 8:00 AM the next day

 

4. Non-trading hours:

During these hours, trading is not available, and new orders can't be placed.

Daylight Saving Time: 6:00 AM to 7:00 AM.

Standard Time: 7:00 AM to 8:00 AM.

 

5.Settlement time:

During these hours, you can cancel but not place orders, and orders won't be matched.

Daylight Saving Time: 7:00 AM to 7:15 AM

Standard Time: 8:00 AM to 8:15 AM

 

6. Order types:

Only limit orders are supported. Market orders are not available.

Orders are good-till-cancelled. Day orders are not available.

 

7. Trading costs:

Commission: 0.02% of the transaction amount.

Platform fee: 0.1% of the transaction amount.

Settlement instruction fee: 0.15% of the transaction amount.

Trading fee: 0.05% of the transaction amount.

Goods and services tax: 9% on the total of all the fees mentioned above.

 

8. Matching rules:

  • The paper trading system checks if the latest price is between the highest buy price and the lowest sell price. If your buy price is higher than the latest price and your sell price is lower, your order will enter the matching queue.

 

Disclaimer:

  • The paper trading system does not fully replicate real-world trading. All data is specific to paper trading.
  • No actual expenses are involved in paper trading.
Market Insights
Hot AI Stocks
Crypto Stock Picks
Unlock Now
ARK ETFs
Unlock Now