I want to paper trade to test my strategy on the spot market via the Binance API. Is testnet my only option? I find the volume too low, and most likely doesn’t reflect anything like the real thing.
Hello, indeed Spot testnet is the best option to test your use cases, BTCUSDT and BNBUSDT have the highest liquidity there and usually with prices close enough to the production’s.
Yeah, I have looked at BNBUSDT. The price is close to the spot. But looking at the volume difference, I doubt the behavior is the same. Has anyone compared? As in running a strategy in testnet and then running it in spot. What are the differences in terms of returns?