What is Crypto Trading Bot Paper Trading? It’s pretty simple really. It’s ultimately just bot trading without risking anything as you test various strategies and settings in real time against the actual market.

Maybe I want to test a Bollinger Band Strategy and I run some Back Tests to see how the strategy would have performed over a previous time frame. The results show the strategy to be positive but the best way to know with more accuracy is by running the Strategy in a simulated environment using fake capital.