Frequently Asked Questions
Answers to the most common questions about PaperX, crypto futures paper trading, leverage, liquidation and how the platform works.
Frequently asked questions
Is PaperX really free?
Yes — completely. No deposits, no subscriptions, no credit card. You get $100,000 in virtual balance the moment you sign up.
Is the market data real?
Yes. Prices stream live from major exchanges in real time, so fills, PnL and liquidations behave exactly like a real market.
What is paper trading?
Paper trading is practicing real trades with virtual money on live prices. It lets you learn execution, leverage and risk management with zero financial risk.
What leverage does PaperX support?
Up to 100x, in both cross and isolated margin modes.
What happens when I get liquidated?
Your position closes at the calculated liquidation price and the margin is consumed — modeled true-to-life, including maintenance margin and fees.
Can I trade with take-profit and stop-loss?
Yes. You can attach automated take-profit and stop-loss to any position; they execute on their own when the price is hit.
Does my account persist across devices?
Yes. Your balance, positions, trades and achievements are saved to your account and follow you everywhere until you log out or reset.
Can I reset my account?
Anytime, from Settings → Reset demo account. It restores your balance and clears positions and history.
Do I need KYC or a wallet?
No. PaperX needs no KYC, no wallet and no deposit — just a free account.
Is PaperX available on mobile?
Yes. PaperX works in any mobile browser and offers a free Android app.
Related
Start practicing in 60 seconds
$100,000 virtual balance. Real markets. No deposit, no credit card.
Create free account