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Fantasy Trading: Everything You Should Know About the New Phenomenon

Published 10/27/2021, 08:43 AM
Updated 10/27/2021, 06:00 AM
Fantasy Trading: Everything You Should Know About the New Phenomenon

Whether you are a beginner or an experienced trader, you’ll love testing yourself in fantasy trading contests and having a chance to earn in the process!

Introduction

These competitions have become a true phenomenon in recent years. They offer a fun and exciting way to learn about trading while having a chance to profit. You can pick between various contest types, and that versatility appeals to users. If you are interested in jumping on board and trying fantasy trading, here is what you should know about it!

The Basics of Fantasy Trading

The principle is similar to crypto fantasy trading. However, the difference is that you assemble a “team” of cryptocurrencies. You pick a limited number from those offered for the selection. Once the contest starts, you monitor actual fluctuations of those currencies. If their value on the market increases, you get points. But if it decreases, you lose them. The winner is the participant with the most points once the competition finishes.

Why Are Crypto Fantasy Contests So Popular These Days?

  • Simple and exciting. You could describe these platforms as easy to learn but hard to master, the attractive contests that allow beginners to dive right into the action.
  • A versatile game selection. You can participate in head-to-head sessions against other users but also test yourself in leagues. Session duration varies on the platform. However, the most exciting concepts seem to be 15-minute matches. They don’t take a lot of time and maximize the adrenaline rush during the game.
  • You can manage your investments easier. It takes a lot of money to trade crypto and stocks on the real market. It’s much easier with fantasy contests. You can virtually double up your investment in as little as 15 minutes.
  • It can be an extra income source. If you are looking for additional revenue, these competitions can help to generate it.
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Where to Earn Extra Income with Fantasy Trading?

Here is why you should try StockBattle:
  • You get a generous 100% welcome bonus. The platform will match your first deposit up to $50. So, if you invest $20, it means you’ll actually have $40 to join the desired fantasy contests.
  • You can join freeroll competitions to understand how the system works. You can join up to ten free fantasy finance competitions. The prizes involve actual money, so you can use this as a starting point to begin competing for real cash.
  • Check the current trends while choosing your portfolio. The website shows you statistics on each currency that you can include in your selection. That makes it easier to discover the current trends and identify market gainers.
Which Fantasy Contests Are Available on StockBattle?

As a beginner, it’s smart to try freerolls. These don’t require investing a single cent. StockBattle believes in the attractiveness of its platform. That’s why each user can participate in up to ten freeroll fantasy tournaments. While you don’t pay anything to join, the prizes involve real money. The reward structure is modest, but you can still earn a few dollars to start actual cash sessions.

Real money tournaments have the same structure. You test yourself in head-to-head duels against another user. The rules are simple – the winner takes it all. If you end up having more points when 15 minutes expires, you’ll get the entire prize pool. The stakes begin with as little as $1, but you can also join contests where the wagers require $20 or more.

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The Main Reasons to Choose StockBattle

You’ll Enjoy Drafting Your Portfolio

You can sort the available choices on the selection screen to your preference. It helps to arrange them by the biggest winners or losers in the recent time. You can see the trends in the last 15 minutes, an hour, a day, or a week.

If you want advanced statistics, simply tap on an asset, and it will open a graph. The chart will show the latest fluctuations of that currency graphically. You can also see the total market cap and volume in the last 24 hours.

In other words, you’ll have all the statistics you need to draft your portfolio. From there, it’s up to you to recognize the best crypto to bet on and win.

The Contests Occur in Real-Time!

An Entire Academy Section That Helps You to Win

Final Thoughts – Earn and Learn by Using StockBattle!

StockBattle will help you to:

  • Understand charts and graphs.
  • Discover currency fluctuations and differences between low and high volatility.
  • Choose tactics to pick cryptocurrencies for short-term performance.
  • Strengthen your confidence when trading and working with different crypto assets.

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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
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