# Paper Trading

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[Watch Tutorial Video on Paper Trading](https://www.youtube.com/watch?v=T0xo0qv7GgI\&t=41s)
{% endhint %}

Paper Trading is using a simulated trading account that does not involve any real cryptocurrency. It is a risk-free way of testing out bots before using them on the real markets. CryptoHero's Paper Trading simulates trading on Binance, using currency pairs available on Binance and live market data.

Paper Trading is enabled by default with a starting balance of 10,000 USDT. To enable, disable or edit your Paper Trading account, go to ***Settings ⇢ Paper Trading.***&#x20;

CryptoHero Paper Trading supports the below base cryptocurrencies:

* Bitcoin (BTC)
* Tether (USDT)
* Ethereum (ETH)

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